DFI’s Facilitation Drives Trade Volume Between Africa, Russia To $20bn   Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank), started engaging with the Russian Export Centre, to promote trade between the two countries, Bank President Prof. Benedict Oramah,...

Buhari Arrives Sochi Ahead Of Russia-Africa Economic Summit   President Muhammadu Buhari on Monday evening arrived Sochi, Russia, ahead of Russia – Africa Economic Forum fixed for between October 23 and October 25. State House correspondent of the News Agency of Nigeria monitoring the presidential trip reports...

Ajaokuta Needs Rail Line, Seaport To Thrive, Says Russia   A rail line and a functional sea port would be needed for Ajaokuta Steel Complex to thrive whenever it starts production, an on-the-spot assessment of the steel mill has shown. The on-the-spot assessment, which involved a facility...

Russia, Africa Trade to double by 2023 Some experts have predicted that the trade turnover between Russia and Africa would double within the next three years. The experts made the prediction at the ongoing 2019 African Export-Import Bank (Afreximbank) Annual Meeting AAM2019 held in Moscow,...

Russia, Saudi Arabia deal raise oil prices Oil prices soared more than five percent on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising tariffs on Chinese imports. Russian President Vladimir Putin said Saturday he and...

Russia, UAE Partner NNPC for Oil, Gas Development The Russian Federation and the United Arab Emirates(UAE) have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation (NNPC) in the upstream, midstream, downstream and services sectors to further boost their...