Gunther added that the trade relations between Germany and Nigeria stood at about €3bn. She said, “I think agriculture is a very good area for cooperation, not only because we can help in the area of food security, which is important to Nigeria, but also in improvement of export of processed products. “Instead of selling more raw products, we will have more value creation within the country to create more jobs. “As part of our development cooperation, we have a programme in agriculture that also focuses on exactly that value chain, which supports small and medium-sized enterprises in the sector,” she said.

The United States has initiated the process for the withdrawal of its military forces from Niger Republic, following directives from the West African nation’s military leadership. The withdrawal process, slated to be completed by September 15, 2024, marks the end of an era of American military presence in the country. According to a press release […]

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CBN withdraws circular on cybersecurity levy

The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the cybersecurity levy as outlined in the Cybercrime Prevention and Prohibition Amendment Act of 2024. The apex bank announced this in a revised circular dated May 17, 2024. The circular, signed by the Director of Payment […]

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EFCC arrest 17 fraudsters in Abuja

Seventeen,17 suspected internet fraudsters have been arrested in Abuja. Operatives of the Economic and Financial Crimes Commission, EFCC, confirmed this on Thursday. The suspects were arrested in the early hours of Thursday, May 16, 2024, at City College, Karu, Abuja. Items recovered from them include a car, mobile phones, laptops and incriminating documents. The Commission […]

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