Nigeria’s Ekiti State Governor, Biodun Oyebanji, has said that the $40 million organic fertilizer factory to be sited in the state by Turkey-based Alliance Group was capable of boosting employment, food production and agribusiness. Mr Oyebanji said the government would continue to woo investors to the state in the bid to position it as […]
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The possibility of using exchange trade mechanisms to supply Belarusian agricultural products to Nigeria and other West African countries was discussed at the business forum “Belarus – Nigeria: direct dialogue” organized by the National Center for Marketing, BelTA learned from the Belarusian Universal Commodity Exchange (BUCE) press service. The participants of the forum discussed […]
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UK, Nigeria Sign Milestone Trade Agreement The United Kingdom (UK) has signed an Enhanced Trade and Investment Partnership (ETIP) with Nigeria to boost trade and investment between the two countries and unlock new opportunities for businesses in both countries. According to a statement issued on Tuesday by the Senior Press & Public Affairs Officer of […]
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The statement said the collaborative effort represents a major commitment by the Nigerian government to its environmental and social development goals, which also aligns with the Kingdom’s Middle East Green Initiative’s (MGI) Clean Fuel Solutions for Cooking Initiative, launched in 2021 with the aim of providing clean cooking solutions to 750 million people worldwide. […]
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The Nigerian Postal Service (NIPOST) has reaffirmed its commitment to partnering with the Ministry of Communications, Technology, and Innovation of Sierra Leone in its bid to bolster service delivery and enhance socio-economic development. The initiative, aligned with the Federal Government’s policy directives, underscores NIPOST’s determination to leverage technology for transformative outcomes. During a working visit […]
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About 230 European Union companies are currently active in Nigeria, accounting for over 130,000 jobs in Africa’s most populous nation. This is contained in the report of a recent study by Commercium Africa titled ‘2023 mapping of European Union Companies in Nigeria’ and made available to our correspondent on Monday. The companies that are currently […]
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International Monetary Fund (IMF) has revealed that Nigeria can repay its $2.82 billion debt to the Washington-based institution following recent reforms. The explanation followed conclusion of its Executive Board’s Post Financing Assessment with Nigeria. “The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment (PFA) and endorsed the Staff Appraisal on […]
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The UK Minister for Business and Trade, Kemi Badenoch, has arrived in Nigeria to begin a 3-day visit to deepen the UK-Nigeria partnership. Ndidiamaka Eze, the Senior Press & Public Affairs Officer at the UK High Commission in Nigeria, said this in a statement on Sunday. Following the former Foreign Secretary’s visit to Nigeria […]
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The United States Coast Guard USCG, has offered Nigeria a three-year plan to work with the Nigerian Maritime Administration and Safety Agency, NIMASA for the removal of the Condition of Entry (CoE), placed on American-bound vessels from Nigeria. Commander Juliet Hudson announced this at the USCG headquarters in Washington DC during a peer review visit […]
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GLOBAL economic stakeholders have pledged their support for Ecofairs 2024 as part of efforts aimed at enhancing the goals of Intra-African trade under the Africa Continental Free Trade Area (AfCFTA). The News Agency of Nigeria (NAN) reports that Ecofairs is a business initiative of the Economic Community of West African States (ECOWAS) and Friendly Countries […]
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