Trends - Nigeria - Business Recorder

Nigeria

South Africa’s MTN Q1 service revenue down 18%

JOHANNESBURG: MTN Group, Africa’s biggest telecoms operator, reported an 18.8% fall in its first-quarter service...

Published 14 May, 2024 12:18pm

World

IMF maintains Nigeria growth forecast at 3.3% for 2024

ABUJA: The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria’s economy for...

Published 09 May, 2024 07:47pm

World

Nigeria becomes first country to roll out new meningitis vaccine, WHO says

ABUJA: Nigeria has become the first country in the world to roll out the “revolutionary” new Men5CV vaccine...

Published 14 Apr, 2024 03:23am

World

Nearly 300 Nigerian students released after abduction in Kaduna

MAIDUGURI: Nearly 300 students and staff abducted by gunmen from a school in northern Nigeria this month have been...

Published 24 Mar, 2024 02:06pm

World

Gunmen kidnap at least 87 in Nigeria’s Kaduna state

KADUNA (Nigeria): Gunmen in Nigeria have kidnapped at least 87 people, including women and children in Kaduna state,...

Published 19 Mar, 2024 04:53am

Life & Style

Ropes, brass, salt, stone: Reinventing jewellery in Kenya

NAIROBI: Sisal ropes, salt crystals, volcanic rocks and aged brass: award-winning Kenyan designer Ami Doshi Shah has...

Published 18 Mar, 2024 11:02am

World

Thousands of Nigerians protest soaring costs

ABUJA: Thousands of Nigerians rallied against soaring living costs on Tuesday as the worst economic crisis in a...

Published 28 Feb, 2024 06:10am

Markets

Shell resumes oil supply to Nigeria’s state refinery ahead of restart

LAGOS: Shell Plc’s Nigeria unit said on Friday it has resumed supply of crude oil from its Bonny export terminal to...

Published 09 Feb, 2024 04:55pm

Sports

Nigeria reach AFCON final after shootout victory over South Africa

BOUAKÉ: Substitute Kelechi Iheanacho scored to give Nigeria a 4-2 penalty shootout victory over South Africa on...

Published 08 Feb, 2024 02:35pm

Sports

Nigeria beat Angola to reach Africa Cup of Nations semi-finals

ABIDJAN: Ademola Lookman’s goal late in the first half gave Nigeria a 1-0 win over Angola on Friday as they advanced...

Published 04 Feb, 2024 10:50am

Sports

Victor Osimhen on a mission with Nigeria at Cup of Nations

ABIDJAN: Many of the biggest stars at this year’s Africa Cup of Nations have already been eliminated before the...

Published 01 Feb, 2024 12:46pm

Sports

Ivory Coast seek reset but in-form Senegal await

ABIDJAN: Hosts Ivory Coast get to push a reset button after escaping early elimination at the Africa Cup of Nations...

Published 26 Jan, 2024 10:21am

Markets

Nigeria’s naira falls to new low in official trade, close to parallel rate

ABUJA: Nigeria’s naira fell to a record low against the U.S. dollar on the official market on Thursday, converging...

Published 25 Jan, 2024 05:31pm

World

Antony Blinken builds US ties with Africa west coast as Sahel concerns grow

ABIDJAN: US Secretary of State Antony Blinken on Monday opens a week-long tour of Africa’s west coast as he seeks to...

Published 22 Jan, 2024 10:49am

Sports

Mohamed Salah rescues Egypt as Nigeria draw and Ghana lose at Cup of Nations

ABIDJAN: Mohamed Salah saved Egypt from an embarrassing defeat in their opening game at the Africa Cup of Nations on...

Published 15 Jan, 2024 12:07pm

Sports

Sadiq latest Nigeria injury casualty ahead of AFCON

ABIDJAN: Nigeria have been dealt a further injury blow ahead of the Africa Cup of Nations finals after striker Umar...

Published 12 Jan, 2024 03:35pm

Business & Finance

Weekahead: Nigerian, Kenyan and Ugandan currencies seen falling

NAIROBI: Nigeria’s naira and the Kenyan and Ugandan shillings are expected to weaken in this week to Thursday,...

Published 08 Jan, 2024 05:23am

Markets

Nigeria aims to raise oil, condensates output to 2.6mn bpd by 2026

ABUJA: Nigeria’s upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6...

Published 01 Jan, 2024 07:06pm

World

Attacks kill at least 113 people in central Nigeria

BOKKOS: More than a hundred people have been killed in central Nigeria in a series of attacks on villages, local...

Published 26 Dec, 2023 12:41am

Markets

Nigeria’s $11bn damages bill for collapsed gas deal thrown out by London court

LONDON: Nigeria is off the hook for an $11 billion damages bill over a collapsed gas processing project that was...

Published 22 Dec, 2023 05:22am

Markets

France’s Total eyes $6bn in Nigeria investment

ABUJA: French energy giant Total is ready to invest $6 billion (5.5 billion euro) over several years in Nigeria’s...

Published 19 Dec, 2023 12:45pm

World

Nigeria army drone strike accident kills 85 civilians

LAGOS: A Nigerian army drone strike accidently killed at least 85 civilians on Sunday in a village in northwest...

Published 05 Dec, 2023 01:13pm

Pakistan

Alvi for enhanced trade, cultural ties with Nigeria

ISLAMABAD: President Dr Arif Alvi has called for further improving trade, economic, and cultural cooperation with...

Published 28 Nov, 2023 04:57am

World

Nigeria wins multi-billion-dollar damages appeal

LONDON: Nigeria won an appeal on Monday to overturn a multi-billion-dollar damages bill in a long-running ...

Published 24 Oct, 2023 05:05am

World

US signals intention to engage with Niger junta

The US will forge relations with the new military government in Niger, recognising as a fait accompli its July coup...

Published 22 Oct, 2023 10:19am

Pakistan

Pakistan’s ‘Look Africa’ initiative attracts praise

LAHORE: High Commissioner of Nigeria Mohammed Bello Abioye has said that Nigeria is the most populous and biggest...

Published 18 Oct, 2023 06:09am

Business & Finance

Nigerian envoy for enhanced trade ties with Pakistan

KARACHI: While expressing concerns over very low trade volume between Nigeria and Pakistan despite good political ...

Published 12 Oct, 2023 05:57am

World

French army says to begin Niger withdrawal ‘this week’

PARIS: French troops will begin withdrawing from Niger “this week”, Paris said Thursday, after a falling-out with...

Published 05 Oct, 2023 12:57pm

Markets

Nigeria’s naira slumps to new low on black market

ABUJA: Nigeria’s naira fell to a new record low on the black market on Tuesday, traders said, driven by unmet...

Published 26 Sep, 2023 05:31pm

World

Blaze kills 34 at illegal Benin fuel depot

COTONOU: At least 34 people died in Benin near Nigeria’s border on Saturday when a contraband fuel depot exploded...

Published 24 Sep, 2023 11:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	278.53
USD PKR Interbank Buying / Jun 6	278.33
USD to Japanese Yen / Jun 6	155.75
USD to Swiss Franc / Jun 6	0.89
Pound Sterling to USD / Jun 6	1.28
Euro to USD / Jun 6	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
Nasdaq / Jun 5	17187.05
Dow Jones / Jun 5	38807.33
India Sensex / Jun 6	75088.60
Tokyo Nikkei / Jun 6	38768.13
Hang Seng / Jun 6	18539.95
FTSE 100 / Jun 6	8259.78
Germany DAX 30 / Jun 6	18722.70

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Petrol/Litre / Jun 6	268.36
Crude Oil USD/Barrel / Jun 6	74.53
Gold 10 Grams PKR / Jun 6	208333
Gold Spot USD/Ounce / Jun 6	2369.35
Diesel/Litre / Jun 6	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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