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In Six Months, Nigeria’s Foreign Trade Hits N12.74trn

In Six Months, Nigeria’s Foreign Trade Hits N12.74trn   Nigeria’s import and export trade as of June 2023 stood at N12.74 trillion. This was contained in the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) prepared by the Budget Office of the Federation and...

Reconnecting to The Global Radar, by Eric Teniola

Reconnecting to The Global Radar, by Eric Teniola For a nation to achieve concrete foreign policy objectives, two key actors are required, an active President and an active foreign Minister. Of course a buoyant economy will also be required. We had all these in the...

‘Nigeria Loses $100bn Annually to Climate Change’

'Nigeria Loses $100bn Annually to Climate Change'   Climate change costs Nigeria about $100bn annually, an Agora report has stated. “The report titled “Climate Change and Socio-Economic Development in Nigeria, “ noted that climate change was increasing hunger, poverty, disease burden, migration, conflict, and insecurity in Nigeria,...

JUST IN: Victory For Nigeria as UK Court Quashes $11bn P&ID Case

JUST IN: Victory For Nigeria as UK Court Quashes $11bn P&ID Case   After over five years of legal fireworks, Nigeria has finally succeeded in halting the enforcement of the $11 billion arbitration award in favour of P&ID. In a judgment delivered by email, Robin Knowles, justice...

In Three Years, Nigeria’s Export to Angola Hits $16.8m

In Three Years, Nigeria’s Export to Angola Hits $16.8m Nigeria's exports to Angola hit $ 16.8 million between 2020 and 2022, the Secretary of State for International Cooperation and Angola communities, Domingos Lopes, said. Lopes stated this at the first interactive Angola-Nigeria business forum held in...

Nigeria, Others to Get £150bn for Infrastructure – EU

Nigeria, Others to Get £150bn for Infrastructure - EU The European Union (EU) is to disburse 150 billion Euros in four years by 2027 through its Global Gateway Initiative to Nigeira and other African countries to enhance infrastructure in over eight sectors. The EU Commissioner for...