Saturday, November 17, 2018

Tag "Trade"

    Seadogs: It’s shocking that slave trade is ongoing in Africa

Seadogs: It’s shocking that slave trade is ongoing in Africa

The National Association of Seadogs, a humanitarian organisation, has condemned the slave trade in Libya.In a statement, the group said it finds it shocking that despite the abolition of slave trade, the practice is still on-going in Africa.It however lauded the response of the Nigerian government to evacuate all Nigerians trapped in Libya, while calling on the government of other [...]

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    Libyan govt orders investigation into slave auctions

Libyan govt orders investigation into slave auctions

The Libyan government has absolved itself of blame in the reported human trade market in its country.Civil society organisations had on Thursday stormed the Libyan embassy in Abuja to protest the slave auctions.A report by CNN had revealed that Africans, including Nigerians, were sold as slaves for as low as $400.Reacting in a statement issued on Friday, the Libyan mission [...]

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    French businesses expected to come to Nigeria, says envoy

French businesses expected to come to Nigeria, says envoy

France has pledged to strengthen bilateral trade and investment cooperation with Nigeria.Denys Gauer, ambassador of France to Nigeria, made this known during the French national day celebration which took place at the Transcorp Hilton in Abuja on Friday.Gauer said that Nigeria was France’s strongest African trading partner and that the government of France had taken measures to help Nigeria diversify [...]

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    India still Nigeria’s largest trade partner, says Onyeama

India still Nigeria’s largest trade partner, says Onyeama

India remains Nigeria’s largest trade partner, Geoffrey Onyeama, the minister of foreign affairs, has said.Onyeama made the statement on Wednesday in Abuja when a delegation from the Defence College, India, led by Indian high commissioner to Nigeria, Nagabushana Reddy, paid him a courtesy visit.NAN reports that the visiting military officers were on a three-day world study tour to Nigeria as [...]

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    Ngige: Nigeria-US trade on a downward swing

Ngige: Nigeria-US trade on a downward swing

Trading between Nigeria and the United States (US) has drastically reduced, Chris Ngige, minister of labour and employment, said on Monday.Ngige was quoted to have made the assertion in a statement released by Samuel Olowookere, deputy director of press in the ministry.While receiving receiving Marlin Hardinger, the political officer in the U.S embassy, the minister expressed Nigeria's readiness to partner with [...]

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    Naira appreciates against dollar, trades at N352/$1

Naira appreciates against dollar, trades at N352/$1

The naira appreciated against the dollar on Friday, trading  at N352 from N370 it sold at the parallel market on Wednesday.The Nigerian currency gained N18 between Wednesday and Friday.The currency, however, weakened further against the pound sterling and the euro as it exchanged for N515 and N405 respectively.Meanwhile, the official exchange rate remained at N197 to a dollar at the apex [...]

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    Maku declares interest in Nasarawa governorship

Maku declares interest in Nasarawa governorship

The minister of information, Labaran Maku, has declared interest in contesting the 2015 gubernatorial election in Nasarawa state.The minister is expected to resign on October 20 to pursue his ambition.He made this disclosure on Sunday at a special thanksgiving mass at the Catholic Diocese of Lafia, St Patrick's Parish, Akwanga, Nasarawa state.Maku, who donated the sum of N7.6 million to [...]

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    Nigeria, Spain trade rises to €7.6bn

Nigeria, Spain trade rises to €7.6bn

The volume of trade between Nigeria and Spain increased to €7.8 billion in 2013 from €7 billion in 2012, Spanish ambassador to Nigeria, Mr Alfonso Barnuevo, said on Thursday.Speaking in Abuja at a media briefing on the upcoming ninth Spanish Cultural week, Barnuevo said Spain is one of Nigeria's best clients, as 90 per cent of the gas and 30 per cent of the [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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