August 2, 2025

Nigeria

Business Diplomatic Relations World

Nigeria Threatens U.S. Over Proposed Travel Ban, Citing Rare Earth Market Retaliation

Abuja, July 1, 2025 — Nigeria’s Federal Government has issued a stern warning to the United States over reports that Washington may expand its visa restrictions to include up to 36 West African countries, including Nigeria. In a move interpreted as retaliation, Abuja has threatened to sanction access to its critical rare earth minerals—materials deemed

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General

Nigeria Records Significant Progress Toward Exiting FATF Grey List

Nigeria has taken major strides toward exiting the Financial Action Task Force (FATF) grey list, as government agencies and financial regulators intensify efforts to strengthen the country’s anti-money laundering and counter-terrorism financing framework. This progress was revealed following ongoing evaluations by international financial oversight bodies, which acknowledged Nigeria’s recent reforms and improved compliance with FATF’s

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General

Nigerians Grapple with Soaring Cooking Gas Prices – Top 10 States Worst Hit in April 2025

Households across Nigeria are increasingly feeling the pressure of rising cooking gas prices, with a recent market analysis revealing stark variations in cost across the country. The latest data for April 2025 shows that some states are bearing the brunt of the spike more than others, significantly impacting household budgets and forcing families to adjust

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General Refinery

Dangote Refinery Invests N720bn in 4,000 CNG Trucks to Cut Fuel Distribution Costs, Save Nigerians N1.7tn Annually

Lagos, Nigeria – June 30, 2025  In a bold move aimed at transforming Nigeria’s fuel distribution landscape, the Dangote Refinery has announced a massive investment of N720 billion in 4,000 Compressed Natural Gas (CNG)-powered trucks to distribute fuel across the country. This strategic investment is expected to significantly reduce Nigeria’s dependence on diesel-powered logistics, potentially

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Agriculture General

Nigeria Tops Cassava Chart but Lags Behind in Turning it to Money

Nigeria may be the biggest cassava producer in the world, but it’s making little profit from it. Despite growing about 20 percent of all the cassava in the world, the country controls only two percent of global cassava processing. This shocking gap was brought to light by industry experts who say Nigeria is missing out

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Customs General

Nigeria, Belarus Strengthen Customs Ties with New Cooperation Agreement

Brussels, Belgium – June 28, 2025  In a strategic move to deepen international enforcement collaboration, the Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MoU) with the Republic of Belarus on cooperation and mutual assistance in customs matters. The bilateral agreement was formally signed on Friday, June 27, 2025, at the World Customs

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Education Technology

Nigeria, UAE Strengthen Educational Ties with Focus on Digital Innovation

The Minister of Education this week received the Ambassador of the United Arab Emirates to Nigeria, His Excellency Salem Saeed Musabbeh Al Mahyoubi Al Shamsi, on a courtesy visit that marked a significant stride toward deepening bilateral relations between both nations. During the high-level engagement, discussions focused on expanding partnerships between the education ministries of

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Politics

At Ethiopia’s Green Legacy Launch, VP Shettima Calls for Practical, Unified Climate Action

…Says Nigeria, Ethiopia bear Africa’s greatest ecological responsibility Vice President Kashim Shettima has urged world leaders to adopt practical, home-grown solutions to tackle climate change, emphasizing that the environmental crisis demands more than boardroom discussions. He made the call during the official launch of Ethiopia’s Green Legacy Initiative (GLI) on Friday, June 28, 2025, in

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Business Diplomatic Relations

Nigeria, Rwanda Sign Double Taxation Treaty to Boost Cross-Border Investment and Economic Integration

Abuja, Nigeria – June 2025 In a significant move aimed at deepening economic cooperation and promoting intra-African trade, the Federal Republic of Nigeria and the Republic of Rwanda have signed a historic Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. The high-level signing ceremony,

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Diplomatic Relations World

Nigeria, Brazil Sign First-Ever Auto Visual Co‑Production Agreement

Abuja – June 27, 2025 In a groundbreaking move for Nigeria’s creative industry, the governments of Nigeria and Brazil have signed their first ever auto‐visual co‑production agreement, opening a new chapter in cultural diplomacy and media collaboration. The landmark treaty, inked on June 24, 2025, enables filmmakers, animators, and content creators from both countries to

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