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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The International Air Transport Association, the Geneva-based trade association representing world airlines, has expressed fears that foreign airlines operating in Nigeria, may lose about $200m to exchange rate depreciation. IATA Regional Vice-President for Africa and the Middle East, Kamil Al Awadhi, said the issue of trapped funds was being exacerbated by the depreciation of the […]
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Education Minister in Nigeria, Professor Tahir Mamman has expressed the willingness to explore education opportunities available between the country and the United Arab Emirates, especially in the fields of research, scholarship, exchange of programmes, and transfer of knowledge among others. The Minister stated these when the United Arab Emirates Ambassador to Nigeria, Saleem Saeed Alshamsi […]
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Festus Keyamo, the Minister of Aviation and Aerospace Development, had a meeting with Ambassador H.E Wendell V.C De Landro, the High Commissioner of the Republic of Trinidad and Tobago to Nigeria and his delegation in Abuja today. The meeting is part of the strategy aimed bolstering bilateral relations and enhancing air travel connectivity between […]
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In what has been described as a bold statement from Riyadh, the Kingdom of Saudi Arabia yesterday reiterated its stance about the Palestinian imbroglio, saying the statehood of Palestine is a major precondition to establishing diplomatic ties with Israel. This is according to a report from Saudi Press Agency (SPA) on Wednesday, and made available […]
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The Office of the National Security Adviser (ONSA), has convened a second UK-Nigeria Security Defence Partnership Dialogue in Abuja in a decisive move to address the security challenges facing Nigeria and bolster regional and international security. In his opening remarks, on Wednesday, the National Security Adviser (NSA), Nuhu Ribadu, noted the event marked another significant […]
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