Experts Fear Downturn In Nigeria As UK Enters Recession     The current recession in the United Kingdom will have a negative effect on bilateral trade between Nigeria and the UK as both countries will count their losses during the period. Nigerian Country Director, Nigerian London Business Forum,...

FG Moves To Upturn $9.6bn P&ID Judgment Debt     The Federal Government on Monday moved closer to turning the $9.6 billion judgment debt awarded against it in favour of Process and Industrial Development Limited (P&ID) by a United Kingdom (UK) court. The two-day hearing in London court,...

Nigeria Set to Overturn P&ID’s $9.6bn Claim …As UK Court okays FG’s Plea   The Nigerian Government has moved closer to overturning the US$9.6 billion judgement debt awarded against it in favour of Process and Industrial Development Limited (P&ID) by a United Kingdom court in what is...

FG Takes Verification, Payment Of Ex-Nigeria Airways Staffs To UK The Federal Government on Sunday said it is taking the verification and payment of ex-workers of the defunct Nigeria Airways Limited in Diaspora to London, United Kingdom. The two weeks exercise which will be conducted by...

Britain Injects Extra £1.25bn To Finance Investment In Nigeria The United Kingdom has increased its loan facility limit to £1.25bn for businesses seeking to import UK products and services as well as intellectual property into Nigeria. The Country Manager, West Africa, United Kingdom Export Finance, Steven...

UK, AECF Okays £16m To Support Solar Power In Nigeria, Four Others The United Kingdom and Africa Enterprise Challenge Fund (AECF) have approved a fresh round of funding worth £16m to support the deployment of solar generated electricity by small businesses in Nigeria and four...