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NIGERIAN ECONOMY
What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
PM Narendra Modi receives Nigeria's second-highest national awardPrime Minister Narendra Modi was awarded the Grand Commander of the Order of the Niger, Nigeria's second-highest national honor, by Preside...
EAM Jaishankar says India 'betting on Africa's rise', seeks to take India-Nigeria ties to "higher level"India is betting on Africa's rise because, "by any objective assessment, today there is so much growing for Africa in terms of demography, ...
Airtel Africa back in black, but Nigeria currency woes weigh"As reported in July 2023, our results for the first quarter were significantly impacted by the changes to the FX market in Nigeria, introd...
Airtel Africa Q2 Results: Net profit falls nearly 9% to $138 million"In Q2'24, reported currency revenues declined by 4.7 per cent reflecting a full quarter's impact of the Nigerian naira devaluation in June...
FM Sitharaman holds talks with US treasury secy Janet Yellen on bilateral cooperation, G20 prioritiesIndian Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen discussed global economic and financial issues at a meeti...
FM holds bilateral meeting with US Treasury Secretary, discusses G20 prioritiesFinance Minister Nirmala Sitharaman had a bilateral meeting with US Treasury Secretary Janet Yellen to discuss G20 priorities and bilateral...
Nigeria pulls up China for illegal mining ahead of Presidential visit for G20In a rare move, Nigeria’s foreign affairs ministry recently complained to the Chinese embassy in Abuja and said that the local government w...
Sandesara brothers, fighting fraud charges in India, are flourishing in NigeriaThe Sandesara brothers, Gujarati businessmen who left India in 2017, deny cheating their lenders and say they are victims of political pers...
Nigerian drug enforcement agency head to visit India, meet local counterpartNDLEA is headed by Brig. Gen. Mohamed Buba Marwa (Retd), OFR. “We regret any one of us involved in crime. My advice to India was that law s...
Nigeria slips into recession, weighed down by COVID-19 and oil pricesAfrica's biggest economy was last in recession in 2016, its first in a generation, and emerged the following year.
Don't be affected by petty crimes: Hamid Ansari to Indians in Nigeria"Small and sporadic incidents take place. Don't be disheartened by an incident here or there," the Vice President said.
India-Nigeria pact to boost Infrastructre, Energy SectorsAnsari underscored the need to synergise its growth strategies with Nigeria in the backdrop of the current global financial situation, sayi...
Nigerian economy in deep trouble: Muhammadu Buhari, PresidentIn his inaugural address as leader, Buhari said the military would step up its offensive to crush Boko Haram.
India now Nigeria's biggest crude oil buyerOn the bilateral trade, he said the present figure stands at $10 bn, even as the total investment of India in Nigerian economy could be val...
India now Nigeria's biggest crude oil buyerIndia now leads the United States in the purchase of crude oil from Nigeria, Indian High Commissioner to Nigeria Mahesh Sachdev has said.
Nigeria unveils new visa policy to attract investors, touristsNigeria has unveiled its new visa policy mainly to attract global investors and tourists, a government official from the African nation tod...
Indian IT sector creating several jobs in Nigeria: EnvoyThe envoy said the entry of Indian telecom company Airtel to Nigeria two years ago has also provided an impetus to the Nigerian IT industry.
- Oil price slides below 71 dollars to 13-month low
The price of oil fell below 71 dollars on Wednesday, its lowest level for more than 13 months, as recession fears raised concerns about a p...
- Oil price slides below $72 to 13-month low
Brent crude has fallen by more than half from a record high of $147.50 in July, when prices rocketed on fears of supply disruptions. World'...