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World Business Report

BBC World Service

Business, Business News, News & Politics

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Business News 45

The latest business and finance news from around the world from the BBC

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Nigeria's Recession Continues

February 28th, 2017

Episode 968 of 1091 episodes

There's more pain for the people of Nigeria as Africa's biggest economy shrinks again. We get views on the ground from market traders in Lagos and the latest from the BBC's Martin Patience. Also in the programme, US President Donald Trump prepares to outline his strategy for government to Congress. Jordan Fabian from The Hill newspaper in Washington tells us what the speech is likely to contain. Following India's decision to withdraw high value banknotes last November there were widespread predictions that the country's economy would be badly affected. Official figures released today don't reflect a significant impact, but Roger Bootle of Capital Economics suggests the data ought to be treated with some scepticism. Plus free range egg farmers in the UK who have been keeping their hens inside amid a bird flu outbreak face a dilemma over whether to release their birds and increase the risk of contracting the disease, or label their eggs as "barn-reared" rather than free range. We find out more from egg farmer Philip Crawley.

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