Nigeria and the U.S. have expressed commitment to strengthening bilateral cooperation between them through various economic sectors. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, disclosed this in a statement by Alkasim Abdulkadir, his Special Assistant on Media and Communications Strategy, on Monday in Abuja. Tuggar disclosed that the commitment is the outcome of an…
West African Micro, Small and Medium Entrepreneurs (MSMEs) under the aegis of ECOWAS Small Business Coalition (ESBC) have pledged to boost their businesses and achieve ECOWAS economic growth goals through collaboration. ESBC Presidents from member states, alongside other stakeholders and participants, made this known in separate interviews with the News Agency of Nigeria (NAN) on…
The Bishop of the Lutheran Church of Christ in Nigeria (LCCN), Rev. Nelson Malau, on Tuesday urged the Federal Government to sustain the current economic policies that have led to reduction in petrol and food prices across the country. Malau, spoke with the News Agency of Nigeria (NAN), on the sidelines of LCCN’s Annual National…
The Federal Government has partnered with the Republic of Kazakhstan to strengthen and enhance trade and investment of both countries for economic growth. Amb. Nura Rimi, Permanent Secretary, Ministry of Industry, Trade and Investment, said that the partnership would unlock huge amount of money in the trade and investment sector. Rimi made the remarks while…
The International Monetary Fund (IMF) has approved the disbursement of 10 million dollars to Somalia to boost the country’s economic reforms. IMF in a statement said that the latest funding “brings Somalia’s total disbursement under the current programme, originally approved in Dec. 2023, to 60 million dollars.’’ Bo Li, the IMF’s Deputy Managing Director, said…
The African Development Bank (AfDB), has called for urgent structural reforms to tackle Africa’s deepening economic challenges that include currency depreciation, rising inflation and an escalating import bill. Its Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria (NAN) that global and local factors contribute to the continent’s…
The Federal Government of Nigeria and the People’s Republic of China have reaffirmed their commitment to deepening bilateral relations, with a focus on driving economic development, infrastructure growth, and technological innovation. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, said this at the Nigeria-China Economic and Trade Partnership Forum Roundtable in Abuja on Monday. Tuggar,…
Nigeria and India have reaffirmed their commitment to a robust strategic partnership. The News Agency of Nigeria (NAN) reports that both countries also pledged to strengthen ties in key areas including economic development, defence, healthcare and food security, among others. This is contained in a joint statement issued on Sunday in Abuja at the conclusion…
Saudi Arabia Government says the forthcoming Global Artificial Intelligent (AI) Summit (GAIN) in Riyadh aims to promote economic diversification of vision 2030. Mohammed Alsahabi, the Press Attaché’, Saudi Arabia Embassy, Abuja, in a statement on Wednesday, said the summit would foster global collaboration to explore transformative potential of AI across industries. The News Agency of…
President Bola Tinubu and Chinese President Xi Jinping, on Tuesday in Beijing, China, pledged to further strengthen the relationship between the two countries to advance trade and economic development programmes. The two leaders also promised to elevate the Nigeria-China ties to that of a comprehensive strategic partnership, by building a high-level Nigeria-China community with a…
