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…
Nigeria and South Africa have agreed to finalise the five-year-old Memorandum of Understanding (MoU) on Early Warning Mechanism, which monitors threats of violence, acts of criminality, and reprisals involving nationals of both countries. The decision was announced in a communiqué released at the end of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC)…
The Nigerian government is seeking South Africa’s backing to attain full membership of the G20, BRICS and the BRICS New Development Bank (NDB). Nigeria is also seeking South Africa’s support to assume leadership roles in thematic discussions of interest under South Africa’s G20 presidency. These requests were made by Amb. Bianca Odumegwu-Ojukwu, the Minister of…
Egypt and Denmark on Monday in Abuja pledged commitment to collaborate with Nigeria to drive transformational growth and modernise Nigeria’s livestock sector. Egyptian Ambassador to Nigeria, Mohamed Fouad and Jens Hansen, Danish Ambassador to Nigeria made the commitment when they visited Alhaji Maiha, Minster, Ministry of Livestock Development. Fouad in his congratulatory message to Fouad…
Retired Maj.-Gen. Sohail Khan, the High Commissioner of Pakistan to Nigeria, says the collaboration between his country and Nigeria on raw material for beauty products should be strengthened to enhance investments in the country. The envoy said this on Wednesday while speaking with the News Agency of Nigeria (NAN) on the sidelines of the ongoing…
Vice-President Kashim Shettima says Nigeria-China trade value has hit N7.38 trillion as at June. Shettima said this at the China-Africa Interbank Association Forum (CAIBA) 2024 in Abuja on Wednesday organised by First Bank Plc. The vice-president, represented by Dr Aliyu Modibbo, the Special Adviser to the President, General Duty, said that China remained the country’s…
