Trends - Nigeria - Business Recorder

Markets

IMF sees Nigeria GDP growing 3.4% in 2022, inflation staying high

Nigeria’s real GDP growth is broadening to all sectors except oil but inflation remains elevated, the International...

Published 16 Jun, 2022 01:35pm

Print

OPEC oil output in April barely rises as African outages weigh: survey

LONDON: The increase in OPEC’s oil output in April undershot the rise planned under a deal with allies, a Reuters...

Updated 03 May, 2022 09:15am

World

Eight dead, 23 rescued in Nigeria building collapse

LAGOS: A three-storey mainly residential building has collapsed in Nigeria’s commercial capital Lagos, killing eight...

Published 02 May, 2022 01:29pm

Markets

Nigeria eyes Standard Chartered rail project loan after Chinese hold up

LAGOS: Nigeria has approached Standard Chartered Bank for funding of two rail projects, its Transport Minister ...

Published 03 Feb, 2022 12:33pm

World

Twitter back in Nigeria after seven-month blackout

ABUJA: Twitter was accessible in Nigeria on Thursday after the government lifted a seven-month ban on the social...

Published 13 Jan, 2022 01:17pm

Markets

Nigeria shuts 504MW power plant after Total's gas line vandalised

ABUJA: Nigeria has shut a 504 megawatt gas power plant in the Niger Delta after the TotalEnergies declared force...

Published 11 Jan, 2022 11:10am

World

Death toll in Nigeria attacks climbs to 200: govt

ABUJA: Gunmen in Nigeria killed at least 200 people in multiple raids this week in Nigeria's northwest Zamfara ...

Published 09 Jan, 2022 03:02pm

World

Gunmen torch bus, kill 30 passengers in Nigeria's Sokoto state

BAUCHI: At least 30 passengers on a bus in Nigeria's Sokoto state were burnt to death when gunmen torched it on...

Published 08 Dec, 2021 12:37pm

Markets

Nigerian wellhead has spilled 2m barrels of oil and gas

ABUJA: A wellhead leak in Nigeria’s Bayelsa state has spewed two million barrels of oil and gas equivalent into ...

Published 08 Dec, 2021 06:22am

World

Nigeria confirms first cases of Omicron among travellers from South Africa

ABUJA: Nigeria confirmed its first cases of the Omicron COVID-19 variant among two travellers who arrived from South...

Published 01 Dec, 2021 12:58pm

Business & Finance

2nd Pakistan-Africa trade moot begins at Lagos today

ISLAMABAD: As a part of Ministry of Commerce’s Look Africa Policy, the second Pakistan Africa Trade Development...

Published 23 Nov, 2021 03:54am

World

18 killed in Niger goldmine collapse

NIAMEY: Eighteen people died when an artisanal goldmine collapsed on Sunday in southern Niger near the border with...

Published 09 Nov, 2021 04:48am

World

Death toll in Nigeria high-rise collapse rises to 36

LAGOS: The death toll from the collapse of a high-rise building in an upscale area of Nigeria's commercial capital...

Published 04 Nov, 2021 01:57pm

World

Nigeria races to find survivors as 22 die in building collapse

LAGOS: Rescuers in Nigeria on Wednesday raced to find survivors, two days after a high-rise building under...

Published 03 Nov, 2021 12:29pm

World

Gunmen kill 18 at mosque in northern Nigeria's Niger state

MAIDUGURI: Armed men on motorbikes killed at least 18 people at a mosque in Niger state in northern Nigeria, two...

Published 26 Oct, 2021 11:10am

Business & Finance

Nigeria launches eNaira digital currency

ABUJA: Nigerian President Muhammadu Buhari launched the country's new digital eNaira currency on Monday as Africa's...

Published 26 Oct, 2021 04:39am

Technology

Nigeria to launch digital currency on Monday, central bank says

ABUJA: Nigeria will launch on Monday a digital currency, the eNaira, the central bank said, months after it barred...

Updated 24 Oct, 2021 08:59pm

Business & Finance

Crypto trading thrives in Nigeria despite official disapproval

LAGOS: Nigerian art dealer Ebuka Joseph started using cryptocurrencies last year when business ground to a halt due...

Published 18 Oct, 2021 04:42am

Pakistan

Pakistan, Nigeria and Japan among 24 new signatories: US, EU line up over 20 more countries for global methane pact

WASHINGTON: Two dozen countries have joined a U.S.- and EU-led effort to slash methane emissions 30% by 2030, giving...

Published 12 Oct, 2021 04:44am

World

Gunmen kill 19 traders in Nigeria market raid

KANO: Gunmen from gangs of cattle thieves and kidnappers have opened fire on a market in northwest Nigeria, killing...

Published 10 Oct, 2021 05:45pm

World

Gunmen kill 24 people in northern Nigeria

KANO: Gunmen raided two villages in northwest Nigeria killing 24 people, police and residents said Thursday, in the...

Published 08 Oct, 2021 04:30am

Business & Finance

Nigeria delays launch of eNaira digital currency

ABUJA: Nigeria has delayed the launch of its eNaira digital currency, initially planned for Friday, because of the...

Published 04 Oct, 2021 05:56am

Markets

Nigeria looks to revive ailing palm oil sector

OKOMU: Standing beside the piles of dark red palm fruits ready for crushing for their essence, Nigerian farmer Micah...

Published 03 Oct, 2021 01:08pm

World

Elite Guinea army unit says it's overthrown president

CONAKRY: Special forces soldiers apparently ousted Guinea's long-serving President Alpha Conde on Sunday, telling ...

Published 06 Sep, 2021 06:14am

World

Gunmen kidnap 140 school students in northwest Nigeria

KADUNA, (Nigeria): Gunmen kidnapped 140 students from a boarding school in northwestern Nigeria on Monday, a school...

Published 06 Jul, 2021 03:48am

World

Thirteen militants, four civilians killed in Niger: military

Boko Haram fighters aboard ten vehicles sprang an ambush on soldiers on Tuesday evening along the road between Diffa and Maine Soroa

Published 02 Jul, 2021 10:11am

Business & Finance

Nigeria to launch pilot digital currency by year-end

ABUJA: Nigeria’s Central Bank is preparing a digital currency pilot that could launch as early as the end of this...

Published 21 Jun, 2021 03:43am

World

Death toll rises to 88 in attack in northwest Nigeria: police

"Initially 66 bodies were recovered but 22 more have been found," Kebbi state police spokesman said.

Published 06 Jun, 2021 05:51pm

World

Death toll rises to 88 in attack in northwest Nigeria: police

Kebbi police spokesman Nafiu Abubakar said, adding that the search for more bodies was ongoing.

Published 06 Jun, 2021 01:54pm

World

Gunmen kidnapped 136 children Sunday in Nigeria: state govt

Niger State Government has confirmed the number of students abducted by bandits at the Salihu Tanko Islamic School.

Published 03 Jun, 2021 12:44pm