Nigeria, Germany Seal €365m Trade Development Deal

Nigeria, Germany Seal €365m Trade Development Deal

Germany has shifted its approach to Nigeria from traditional aid to a commercial alliance, sealing a €365 million development and investment partnership framework. The agreement, signed in Abuja, includes a €65 million financial and technical cooperation package for the 2026–2027 cycle, alongside a €300 million export credit line designed to de-risk private capital. This framework…

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US Revitalises Credit Program to Expand Agro-Trade with Nigeria

US Revitalises Credit Program to Expand Agro-Trade with Nigeria

The United States has formally reactivated its Export Credit Guarantee Program (GSM-102) to deepen agricultural trade ties with Nigeria. The initiative, managed by the U.S. Department of Agriculture, provides essential credit guarantees to Nigerian banks and importers, reducing the risk associated with purchasing U.S. agricultural inputs. This move marks a strategic shift in U.S. diplomatic…

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Kogi State Deepens Ties with China for Agro-Industrial Growth

Kogi State Deepens Ties with China for Agro-Industrial Growth

Kogi State has solidified a strategic cooperation agreement with Hezheng Holdings Group and Hezheng Digital Technology Co., Ltd. to accelerate its Special Agro-Industrial Processing Zone (SAPZ) programme. This move signals a transition from conceptual design to operational implementation, aimed at transforming the state into a premier agricultural and industrial hub. Central to the partnership is…

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Tinubu Pledges Deeper Economic Ties at British Airways Milestone

Tinubu Pledges Deeper Economic Ties at British Airways Milestone

President Bola Tinubu has promised to strengthen economic links with the United Kingdom while celebrating nine decades of British Airways operations in Nigeria. He met with a delegation led by British High Commissioner Richard Montgomery at the State House to reaffirm these bilateral commitments. The President highlighted the necessity of aligning national priorities with long-standing…

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Dangote Refinery Cuts Petrol Price by N75

South Africa Leads African Rush for Dangote Fuel

South Africa, Ghana, and Kenya have approached the Dangote Petroleum Refinery to secure emergency fuel contracts as the Middle East energy crisis threatens continental supplies. Bloomberg reported on Friday, 20 March 2026, that Pretoria is seeking a 12-month supply deal to insulate its economy from the fallout of the Iran-Israel conflict. The 650,000-barrel-per-day facility in…

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