Reuters nigeria business news

Here are some recent business news articles from Reuters Nigeria:

Economy

  1. Nigeria's economy grows 2.3% in Q1 2023, says NBS (June 14, 2023) - Nigeria's economy grew 2.3% in the first quarter of 2023, driven by a rebound in the agricultural sector, the National Bureau of Statistics (NBS) said.
  2. Nigeria's inflation rate drops to 17.1% in May (June 13, 2023) - Nigeria's inflation rate dropped to 17.1% in May, the lowest in over two years, as food prices continued to decline, the National Bureau of Statistics (NBS) said.

Finance

  1. Nigeria's central bank keeps interest rate unchanged at 15.5% (June 15, 2023) - Nigeria's central bank kept its benchmark interest rate unchanged at 15.5% for the 12th consecutive time, citing the need to support economic growth.
  2. Nigeria's banks' profits rise 15.6% in Q1 2023 (June 12, 2023) - Nigeria's banks' profits rose 15.6% in the first quarter of 2023, driven by a decline in non-performing loans and an increase in interest income, the Central Bank of Nigeria (CBN) said.

Energy

  1. Nigeria's oil production rises to 1.4 million bpd in May (June 14, 2023) - Nigeria's oil production rose to 1.4 million barrels per day (bpd) in May, the highest in over a year, the Nigerian National Petroleum Corporation (NNPC) said.
  2. Nigeria's gas production drops 10.4% in Q1 2023 (June 13, 2023) - Nigeria's gas production dropped 10.4% in the first quarter of 2023, due to maintenance issues at some of the country's gas processing plants, the Nigerian National Petroleum Corporation (NNPC) said.

Manufacturing

  1. Nigeria's manufacturing sector grows 1.4% in Q1 2023 (June 12, 2023) - Nigeria's manufacturing sector grew 1.4% in the first quarter of 2023, driven by an increase in production in the food and beverages sector, the National Bureau of Statistics (NBS) said.
  2. Nigeria's cement production rises 12.1% in Q1 2023 (June 11, 2023) - Nigeria's cement production rose 12.1% in the first quarter of 2023, driven by an increase in demand from the construction sector, the Cement Manufacturers Association of Nigeria (CMAN) said.

Telecoms

  1. Nigeria's telecoms sector grows 10.3% in Q1 2023 (June 15, 2023) - Nigeria's telecoms sector grew 10.3% in the first quarter of 2023, driven by an increase in mobile phone subscriptions and data usage, the Nigerian Communications Commission (NCC) said.
  2. Nigeria's MTN Nigeria launches 5G network (June 14, 2023) - MTN Nigeria, the country's largest mobile phone operator, launched its 5G network, offering faster data speeds and lower latency to its customers.

These are just a few examples of recent business news articles from Reuters Nigeria. If you're looking for more information, I can try to help you with that!