The United States and Nigeria have signed a memorandum of understanding (MoU) to repatriate $53 million in funds linked to former Minister of Petroleum Resources, Diezani Alison-Madueke. The agreement was formalized in Abuja, marking another milestone in efforts to recover stolen assets. The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN),…
The Federal Government has stated that it will never take any action to undermine the sovereignty of neigbouring Niger Republic contrary to the allegations leveled by Niger’s military junta that Nigeria in collaboration with France and some countries of West Africa want to destabilize Niger using terrorism. A statement issued on Tuesday by Nigeria’s Minister…
Atalanta of Italy winger Ademola Lookman has said that switching his playing nationality from England to Nigeria in 2022 was key to his current success. Lookman, who was born in London and represented the Three Lions at Under 17 level, helping them win their age-group World Cup, acknowledged that the decision to switch to Nigeria…
The U.S. government says it has supported more than 5 million Nigerian farmers in its multifaceted agricultural partnership programmes with Nigeria since 2019 through its agency for international development (USAID). The U.S. Embassy in Nigeria disclosed this in a statement on Tuesday, adding that the partnership has helped strengthen Nigeria’s food security by increasing food…
Diageo, a global leader in premium spirits, has partnered Celebr-8 Lyfe (a Tolaram Company) to transform Nigeria’s premium spirits market. This partnership, according to Kavita Hans, General Manager, Diageo West and Central Africa, on Tuesday in Lagos, via a statement, would enhance the availability of its iconic brands across Nigeria. Hans said that the company’s…
The Federal Republic of Nigeria and the Kingdom of Saudi Arabia have established a partnership to extract iron ore and process steel in Nigeria. The partnership was initiated by the Minister of Solid Minerals Development, Dele Alake, and the Deputy Minister of Minerals and Energy of Saudi Arabia, Khalid Al-Musdaifer. This is contained in a…
The African Development Bank (AfDB) has provided key insights into how Nigeria and other African nations can address their growing debt burdens and foreign exchange challenges. The Bank’s Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria (NAN) that strategic borrowing and political stability were critical for growth….
The Tinubu Media Volunteers (TMV) has hailed the Memorandum of Understanding (MoU) signed between Nigeria and France on mining during President Bola Tinubu’s recent state visit to France. Mr Chukwudi Enekwechi, TMV Chairman in a statement on Wednesday in Abuja, said the agreement would go a long way in making Nigeria’s solid mineral sector more…
President Cyril Ramaphosa has expressed South Africa’s interest in collaborating with Nigeria to harness lithium to drive the green energy transition and support the development of electric vehicles (EV) batteries. Ramaphosa said this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable. He proposed leveraging Nigeria’s vast lithium reserves as…
Nigeria and South Africa have operationalised the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African economies. President Cyril Ramaphosa said this at the Nigeria -South Africa Business Roundtable on Tuesday in Cape Town, South Africa. At the roundtable, President Bola Tinubu said that Nigeria was…
