Aviation analysts and stakeholders yesterday hailed the decision by the Minister of Aviation, Mr. Festus Keyamo, to demand a slot for Nigeria’s Air Peace to fly to the United Kingdom’s busiest and most primed airport, Heathrow. They however called for the deployment of tact and diplomacy in handling the issue while advocating for the involvement […]
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Nigeria and China have taken steps to strengthen their economic and diplomatic ties as the countries’ envoys met in China to discuss a wide range of issues that will further promote trade activities between the two countries, and working together to strengthen military cooperation to preserve regional and global stability in line with international law. […]
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Nigeria has been projected to lose 300 millionaires at home to another country in 2024, according to a report on migration by Henley & Partners. According to the report seen by Nairametrics, approximately 128,000 of the world’s millionaires are projected to migrate to a new country in 2024, with the United Arab Emirates (UAE) […]
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First Deputy Minister of Foreign Affairs of Belarus, Sergey Lukashevich says his country has signed a five-year action plan with his Nigerian counterpart aimed at boosting the agriculture sector for both countries. He disclosed this via his X page on Saturday, June 8, 2024. According to data from the Nigerian Bureau of Statistics, Belarus […]
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The Tanzanian Government has urged Nigerians with attractive business opportunities to tap abundant economic resources in their country. Dr Binilith Mahenge, the Chairman, Board of Directors, Tanzania Investment Centre, said the visit to Enugu was to present business opportunities to Nigerian investors that would be mutually beneficial to both Nigeria and Tanzania. He spoke […]
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The Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, has announced the Ministry’s readiness to partner with the Republic of Indonesia and other stakeholders to revive the country’s oil palm subsector to enhance food and nutrition security, job creation, and export opportunities, among others. The Minister stated this during a meeting […]
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Nigeria and Canada will continue to partner through a trade exposition that will help to foster economic ties and create a potential for multi million-dollar investments between the two countries. The Chief Executive Officer of Alpha Oasis International, Bose Odueke, in a statement, said the third in the series of the partnership put together by […]
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The International Monetary Fund has predicted that Nigeria’s economy will reach $1.85tn by 2029, in Purchasing Power Parity terms. This forecast suggests a significant growth trajectory for the country’s economy over the next five years. According to the IMF data, Nigeria’s Gross Domestic Product in PPP terms has been steadily increasing, from $1.36tn in 2023 […]
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The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar has met with Nigerian professionals in the Netherlands ahead of President Bola Ahmed Tinubu’s participation at the Nigeria-Dutch Business and Investment Forum. According to a statement by Alkasim Abdulkadir Special Assistant on Media and Communications Strategy to the Minister of Foreign Affairs, the event, which […]
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THE Central Bank of Nigeria (CBN) governor Yemi Cardoso says the apex bank’s FX reforms have made the naira the best-performing currency globally. Nigeria’s currency lost massively against major currencies in the past few months. But Cardoso who spoke on Saturday in a briefing on the sidelines of the just-ended World Bank/IMF Spring Meetings […]
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