NIGERIA Archives - News Desk Nigeria

European Union Reaffirms Strategic Partnership With Nigeria, Backs Electoral Reforms Ahead Of 2027 Polls

NewsDeskNgMay 9, 2026May 9, 20260

The European Union has pledged deeper cooperation with Nigeria on trade, security, governance and electoral reforms ahead of 2027 elections. The European Union has reaffirmed its commitment to deepening strategic cooperation with Nigeria across trade, democratic governance, security and investment, while pledging continued support for reforms ahead of the country’s...

Rewane: Nigeria’s Growth Not Reflecting Prosperity As Citizens Grow Poorer

NewsDeskNgMay 9, 2026May 9, 20260

CEO of Financial Derivatives Company Rewane says Nigeria’s growth masks worsening living standards, rising debt, inflation, and declining household purchasing power. The Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has stated that Nigeria is experiencing growth without prosperity as citizens are getting poorer while the...

Power Minister-Designate Denies Promising To Fix National Grid In Three Months

NewsDeskNgMay 7, 2026May 7, 20260

Nigeria’s Minister-designate for Power, Olasunkanmi Tegbe has denied reports claiming he promised to fix Nigeria’s power grid within three months. The camp of Nigeria’s Minister-designate for Power, Olasunkanmi Tegbe, has dismissed media reports claiming he promised to fix the country’s troubled national power grid within three months, describing the reports...

Agbakoba Says Nigeria Loses Up To N20 Trillion Yearly To Revenue Leakages

NewsDeskNgMay 7, 2026May 7, 20260

Olisa Agbakoba says weak remittance systems and poor accountability cost Nigeria up to N20 trillion annually. Nigeria may be losing as much as N20 trillion annually to systemic revenue leakages, according to a policy paper released by Olisa Agbakoba Legal (OAL), which has called for urgent constitutional reforms to enforce...

Nigeria Leads African Forum On Climate-Conflict Crisis, Pushes Peace-Centred Adaptation Strategy

NewsDeskNgMay 6, 2026May 6, 20260

Nigeria convenes African leaders in Abuja to address climate-security risks, promoting peace-focused adaptation amid rising environmental and conflict pressures. Nigeria has brought together policymakers, climate experts, and peacebuilding practitioners from across Africa in a high-level regional forum aimed at tackling the growing link between climate change and insecurity on the...

Nigeria’s Parliament Sends Delegation To South Africa Over Xenophobic Attacks, Threatens Sanctions

NewsDeskNgMay 6, 2026May 6, 20260

Nigerian lawmajers plan visit to South Africa over attacks on Nigerians, seeking safety guarantees and warning of possible sanctions. The National Assembly on Tuesday escalated its response to the resurgence Nigerian lawmajers plan visit to South Africa over attacks on Nigerians, seeking safety guarantees and warning of possible sanctions. The...

Nigeria Signs MoU With Airbus To Drive Aerospace Growth, Aviation Development

NewsDeskNgMay 5, 20260

Nigeria signs Airbus deal to boost aviation growth, develop infrastructure, and train workforce as demand for aircraft rises across Africa. The federal government has signed a landmark Memorandum of Understanding (MoU) with Airbus, one of the world’s leading aircraft manufacturing giants, as part of the working visit of Minister of...

Nigeria Summons South Africa Envoy Over Renewed Anti-Foreigner Protests, Attacks On Nigerians

NewsDeskNgMay 2, 2026May 2, 20260

Nigeria summons South Africa envoy over renewed xenophobic protests and attacks targeting Nigerians, raising fresh diplomatic concerns between both countries. The Federal Government has summoned the Acting High Commissioner of South Africa following mounting concerns over a fresh wave of anti-foreigner protests and reported attacks targeting Nigerian citizens and their...

Alake Says Nigeria’s Solid Minerals Revenue Rises To ₦68.1bn

NewsDeskNgMay 1, 2026May 1, 20260

Nigeria’s solid minerals revenue hit ₦68.1 billion in 2025, as government reports higher royalties, output growth, and expanded cooperatives. The federal government has said the total 2025 revenue from Solid Minerals reached about N68.1 billion, while remittances into the Federation Account amounted to N63.92 billion in the first eleven months...

Bangladesh Seeks Stronger Nigeria Ties, Cites Untapped Economic And Cultural Opportunities

NewsDeskNgApr 30, 2026April 30, 20260

Bangladesh is calling for deeper Nigeria ties, highlighting trade, education, and investment opportunities The High Commissioner of Bangladesh to Nigeria has reaffirmed the commitment of both countries to deepen bilateral relations, describing Bangladesh and Nigeria as natural partners bound by shared aspirations for development, cultural understanding, and global cooperation. Speaking...