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Nigeria, Saudi Arabia seal deal to tap into $7.7tr global halal economy

Nigeria has signed a strategic cooperation agreement with Saudi Arabia’s Halal Products Development Company (HPDC) to position itself as a major player in the global halal market, which is valued at $7.7 trillion. The agreement, signed at the Makkah Halal Forum in Saudi Arabia on Wednesday, will promote investment, technical collaboration, and market access across…

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Shettima advertises Nigeria to global investors at WEF

Vice President Kashim Shettima urged global investors to harness the immense opportunities in Nigeria and across Africa, emphasizing that the continent is poised for economic transformation. He spoke during a forum entitled: “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets,” at the ongoing annual meeting of the 2025 World Economic Forum (WEF) in Davos,…

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China, Nigeria trade value hits N7.4tr

Nigeria-China trade value has hit N7.38 trillion as at June,  Vice-President Kashim Shettima, said Wednesday at the China-Africa Interbank Association Forum (CAIBA) 2024 in Abuja. It was organised by First Bank Plc. The vice-president, represented by the Special Adviser to the President, General Duty, Dr Aliyu Modibbo, said China remained the country’s number one trading…

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Nigeria’s Q2 trade balance hits N6.5tr on Tinubu’s reforms

Vice-President Kashim Shettima has said Federal Government’s ongoing efforts to strengthen the country’s trade sector is showing promising results, as Nigeria recorded N6.5 trillion trade balance in second quarter of 2024. Shettima, represented by the Secretary to the Government of the Federation (SGF), George Akume, who spoke at the third National Conference on Non-oil Export…

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