Nigeria-UAE trade surges 66.7% to $5bn in 1 year
By Yinka Kolawole Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7 percent to about $5 billion in 2025 from $3 billion in 2024, highlighting growing economic ties between both countries as they move towards formalising a Comprehensive Economic Partnership Agreement (CEPA). The development was disclosed when the UAE Ambassador to […]
Prospectives: Opportunities for global electricity access in 2016
We are at the start of a power revolution. The coming year presents a number of opportunities to take action to improve global access to electricity
Women’s jobs at risk in fourth industrial revolution
THE Fourth Industrial Revolution will have a disproportionately negative impact on the economic prospects of women, although the emphasis on talent brought about by sweeping changes caused by disruptions to the labour force will result in more women progressing into senior positions, a new study by the World Economic Forum has found.
FG, UNIDO in talks over continuity of country’s projects
THE Federal Government and the United Nations Industrial Development Organization (UNIDO) have agreed to extend their collaboration on initiatives to help create employment opportunities, encourage inclusive private sector development and promote environmentally sustainable industrial practices in Nigeria.
Skye Bank to raise fresh capital in 2016 first quarter
SKYE Bank Plc has concluded plans to raise fresh capital during the first quarter of 2016 to beef up its capital base and improve its working capital.
Oil prices hit fresh 12-year low, trade below $28 per barrel
OIL futures traded below $28 a barrel on Wednesday, dragged down by a fresh slide in the global financial markets and continued concerns about the glut of crude. Fears about an economic slowdown in China, the world’s second biggest economy, have rattled financial markets at the start of the year and added to the bearish sentiment on the oil market.
