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OPEC+ Raises Quotas, Sidesteps UAE Exit

OPEC+ raised oil production quotas by 188,000 barrels per day for June, in a move analysts say was designed to project stability after the sudden withdrawal of the United Arab Emirates (UAE).

UAE to Quit OPEC, OPEC+ in May, Gives Reason

The United Arab Emirates (UAE) has announced plans to leave the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance effective May 1, 2026, citing changing global oil demand.  

Nigeria, UAE Sign Deal to Waive Tariffs on 7,315 Products

The Federal Government signed a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE) to remove tariffs on some products.

Nigeria, UAE Sign MoU to Strengthen Maritime Trade

Nigeria and Abu Dhabi Ports Group have signed a memorandum of understanding (MoU) to explore strategic collaboration in ports development, maritime logistics and digital solutions.

Nigeria, UAE End Tariffs on over 13,000 Products

Nigeria, UAE End Tariffs on over 13,000 Products The Federal Government has announced that Nigeria has eliminated tariffs on 6,243 products imported from the United Arab Emirates, and the UAE has removed tariffs on 7,315 products imported from Nigeria, as part of a new trade...

Tinubu Arrives Abu Dabi for Sustainability Summit

President Bola Ahmed Tinubu arrived in Abu Dhabi, United Arab Emirates (UAE), on Sunday ahead of his participation in the 2026 edition of Abu Dhabi Sustainability Week (ADSW), which begins on Monday.