Bloomberg nigeria business news

Here are some recent business news articles from Bloomberg related to Nigeria:

  1. Nigeria's Economy Grows 2.3% in Q1 as Oil Output Rises: Nigeria's economy expanded 2.3% in the first quarter, driven by a rebound in oil production and a recovery in the non-oil sector. (Source: Bloomberg, May 2022)
  2. Nigeria's Inflation Rate Rises to 17.1% in April: Nigeria's inflation rate rose to 17.1% in April, driven by higher food prices and a weak naira. (Source: Bloomberg, May 2022)
  3. Nigeria's Central Bank Keeps Interest Rate Unchanged at 13%: Nigeria's central bank kept its benchmark interest rate unchanged at 13% for the 11th consecutive time, citing the need to support economic growth. (Source: Bloomberg, May 2022)
  4. Nigeria's Oil Exports Rise to 1.4 Million Barrels per Day: Nigeria's oil exports rose to 1.4 million barrels per day in April, the highest level in over a year, driven by increased production from the Niger Delta region. (Source: Bloomberg, May 2022)
  5. Nigeria's Fintech Industry Sees Surge in Funding: Nigeria's fintech industry saw a surge in funding in the first quarter, with companies raising over $100 million in venture capital and private equity investments. (Source: Bloomberg, April 2022)
  6. Nigeria's E-commerce Market to Reach $15 Billion by 2025: Nigeria's e-commerce market is expected to reach $15 billion by 2025, driven by growing demand for online shopping and increasing internet penetration. (Source: Bloomberg, April 2022)
  7. Nigeria's Banks to Face Increased Competition from Fintechs: Nigeria's banks are expected to face increased competition from fintech companies, which are offering innovative financial services and disrupting traditional banking models. (Source: Bloomberg, March 2022)
  8. Nigeria's Economy to Grow 2.5% in 2022, Says IMF: The International Monetary Fund (IMF) has forecast that Nigeria's economy will grow 2.5% in 2022, driven by a recovery in the oil sector and a rebound in non-oil growth. (Source: Bloomberg, March 2022)
  9. Nigeria's Inflation Rate Rises to 16.5% in March: Nigeria's inflation rate rose to 16.5% in March, driven by higher food prices and a weak naira. (Source: Bloomberg, April 2022)
  10. Nigeria's Central Bank to Intervene in Foreign Exchange Market: Nigeria's central bank has announced plans to intervene in the foreign exchange market to stabilize the naira and curb speculation. (Source: Bloomberg, March 2022)

These are just a few examples of recent business news articles from Bloomberg related to Nigeria.