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 […]
Delta unveils $100m fund to attract investors
…Provides N137.8bn fund to de-risk private investments ..Vows speedy execution of investment agreements By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA — Delta State Government has announced a $100 million, equivalent to N137.8 billion, as a Viability Gap Fund to de-risk private sector investments, pledging the speedy execution of agreements reached at […]
Delta can rival Lagos as Nigeria’s growth engine – Okonjo Iweala
“These opportunities were not available 10 or 15 years ago. The question is whether we will seize them or allow them to go elsewhere”
Avuru outlines roadmap to build competitive Delta economy
…Advocates maritime reforms, industrial parks, commercial agriculture By Babajide Komolafe, Economy Editor & Egufe Yafugborhi ASABA—Founding Chairman, Seplat Energy and Chairman of the Delta State Economic and Investment Summit, Mr. Austin Avuru, has outlined a roadmap for building a competitive Delta economy, urging the state government to prioritise maritime reforms, industrial parks and commercial agriculture […]
Nigeria spared as seven OPEC+ producers raise output by 188,000 bpd
Nigeria was not part of the meeting because it is not participating in the additional voluntary production adjustment arrangement, meaning the latest output increase does not affect its production plans.
MAN seeks tax harmonisation, stable policies to boost manufacturing
The Manufacturers Association of Nigeria (MAN) has called for urgent tax harmonisation, improved infrastructure, reliable energy supply and a predictable regulatory environment to strengthen the country’s manufacturing sector. The appeal was made at the 41st Annual General Meeting (AGM) of the Ogun Branch of MAN in Abeokuta, with the theme: “Building a Resilient Manufacturing Sector: Surmounting […]
