Austria and Nigeria have agreed to forge new ties and partnerships to deepen cooperation and trade between both countries.

U.S. 15% Tariff on Nigerian Goods Takes Effect Thursday, Threatening $12bn Exports The United States will begin enforcing a new 15% tariff on Nigerian exports next week Thursday, a move expected to hit the country’s oil-dependent economy and strain its trade ties with Washington. President Donald...

World Bank Warns Nigeria, Others as Investors Shun Debt-ridden Economies   The World Bank has warned that foreign private capital is retreating from developing economies such as Nigeria and others due to rising debt levels and weak growth prospects, and called for urgent debt reforms. The warning...

Nigeria, Others Top Africa's $95bn Remittance Inflows   Nigeria, Egypt, and Morocco have been listed as the highest recipients of the $95bn remittance into the African continent in 2024. This was revealed in the State of Africa’s Infrastructure Report 2025 published by the Africa Finance Corporation. The report...

IMF Verifies Nigeria's $3.3bn Loan Repayment   The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid Financing Instrument to cushion the economic impacts of the COVID-19 pandemic. In a statement sent to journalists on...

Nigeria-United Kingdom current trade is valued at £7.8 billion, UK Deputy High Commissioner, Mrs Gill Lever, has said.