The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in Nigeria, AfDB has said. “The Fund...

Nigeria’s total trade with the European Union (EU) which stood at €39bn in 2014, accounting for 31 per cent of Nigeria’s total trade, has dropped to €29bn in 2015. Speaking at the pre-event press conference of the fifth EU-Nigeria business forum (EUNBF), held at the...