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Tag Archives: European Union

Nigeria/EU Trade Volume Hits €45b

LATEST statistics has shown that Nigeria and European Union trade volume has grown to €45 billion. The statistics showed that this was the case as of September 2023, even as theUnited Nations COMTRADE database indicated that Nigeria remained EU largest trading partner, accounting for 20.9% of Nigeria’s global trade. The …

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EU To Commit €37m To Nigeria’s Struggling Electricity Sector

THE European Union plans to invest €37m in Nigeria’s struggling power sector, the EU Ambassador to Nigeria, Samuela Isopi, disclosed. According to a statement issued by the power ministry on Friday, Isopi disclosed this during a visit to the Minister of Power, Adebayo Adelabu. The proposed €37m investment differed from …

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EU Rejects Seizure Of Power By Force In Gabon

The European Union (UN) has rejected the seizure of power by force in Gabon and called for restraint from all parties, the bloc’s foreign policy chief Josep Borrell said in a statement on Thursday. A military junta on Wednesday said it had seized power and placed President Ali Bongo under …

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Over 1,000 Citizens With 21 Diplomats Evacuated From Sudan – EU

MORE than 1,000 European Union citizens have evacuated from conflict-hit Sudan over the weekend, the bloc’s foreign policy chief Josep Borrell, has said. Borrell also informed journalists on Monday that 21 diplomats from the EU’s mission in Khartoum were taken out and the EU ambassador had moved outside the capital …

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EU Earmarks €18bn Financial Assistance For Ukraine In 2023

EU President Ursula von der Leyen (CEPS) The European Union (EU) has budgeted €18 billion as financial assistance for war-torn Ukraine throughout 2023 to cater for the basic economic needs. European Commission President Ursula von der Leyen made the announcement at the EU leaders’ summit in Brussels, Belgium on Friday. …

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EU To Suspend, Delay Visa For Russians

The European Union (EU) has announced plans to suspend visas for Russian citizens in an effort to limit border crossings from Russia to the EU as the war in Ukraine continues to escalate. European foreign ministers reached political consensus to fully suspend the visa facilitation agreement between the European Union …

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