Govt Urged to Invest in Culture for Economic Growth
Stakeholders at the Ijakadi festival in Offa call for deliberate government investment in cultural heritage as a viable source of foreign earnings and economic development for Nigeria.
Category : Search result: European Union cultural exchange
Forest Legend John Robertson Dies Aged 72
Nottingham Forest and Scotland mourn the loss of their greatest ever player, John Robertson, who passed away on Christmas Day after a long illness. Tributes pour in.
FMDQ Market Activity Slows, Turnover Drops 24%
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
US Bans 5 Europeans Over 'Censorship' of American Viewpoints
The Trump administration has banned five Europeans, including a former EU commissioner, from entering the US. They are accused of coercing tech firms to censor American viewpoints. Read the full details.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Chinese Community Hosts 2,000 Nigerian Children for Christmas
The Chinese Consulate in Lagos celebrated Christmas with 2,000 children from low-income families, awarding scholarships and showcasing cultural performances. See how this tradition strengthens Nigeria-China ties.
EU Probes Czech State Aid for Dukovany Nuclear Plant
The European Commission has launched an inquiry into Czech government support for two new nuclear reactors. The probe focuses on a multi-billion euro loan and price guarantee scheme. Read the full details.
Kanem Borno Cultural Summit 2026 Targets Peace, Heritage
Over 1,000 delegates will gather in Maiduguri for the 2026 Kanem Borno Cultural Summit to harness cultural heritage for peace and sustainable development in the Lake Chad region. Read more.
Lula to EU: Show courage, sign Mercosur trade deal
Brazil's President Lula da Silva calls on the European Union to finalize the long-delayed Mercosur trade pact, aiming to create the world's largest free trade zone. Read the latest updates.
Turkish Airlines Launches First European Lounge in Edinburgh
Turkish Airlines has opened its first-ever European lounge at Edinburgh Airport, marking a major milestone. Discover the premium facilities and what it means for travellers.
EU-Mercosur Trade Deal Postponed to January 12
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Spain Buys 100 Airbus Helicopters for Armed Forces
Spain's defence ministry has placed its largest-ever helicopter order, purchasing 100 units from Airbus to modernise its military capabilities. Discover the strategic details.
Farmers Block Brussels in Protest Against EU-Mercosur Trade Deal
Hundreds of farmers and over 150 tractors clogged Brussels streets, protesting the EU-Mercosur trade pact they fear will flood Europe with cheaper South American goods. Read the full story on the high-stakes summit clash.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
EU-Mercosur Trade Deal Faces Crucial Vote
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
ECB holds rates steady at 2% as inflation cools
The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.
German MPs approve €50bn military spending spree
German lawmakers greenlight a historic €50 billion in defence purchases, ramping up military readiness as Russia's threat grows and US commitments waver. Read the full details.
EU-Mercosur Trade Deal Hits French, Italian Roadblock
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
AFRIMA, UK Partner to Boost African Music Exchange
Ahead of the 9th All Africa Music Awards in Lagos, AFRIMA and the British High Commission sign a Cultural Cooperation Agreement to strengthen creative ties and open global doors for African music.
Zamfara Gov Launches €5.1m EU Peace Project
Governor Dauda Lawal has launched a European Union-funded project to build peace and resilience in conflict-hit areas of Zamfara and Katsina, targeting over 95,000 people. Read more.
EU to Scrap 2035 Combustion-Engine Car Ban
The EU is poised to abandon its 2035 ban on new petrol and diesel cars, replacing it with a 90% emission cut target. This major shift aims to support Europe's carmakers facing Chinese competition and slow EV adoption.
Naira resilient despite festive dollar demand surge
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
Macron warns China on EU tariffs over trade deficit
French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
Peter Obi Urges EU to Rethink Africa, Highlights Nigeria
Peter Obi urges the European Union to focus on Africa, stating Nigeria's development is crucial for the continent's potential. He cites poverty, leadership & opportunity.
Aviation Workers Oppose FAAN Union Leadership Control
Fresh tension in Nigeria's aviation sector as ATSSSAN officials warn against centralising union leadership under FAAN, calling it a 'dangerous monopoly'. Elections set for December 10 in Jos.
German Factory Orders Rise More Than Expected
German industrial orders surged 1.5% in October, far exceeding forecasts. The rise, driven by defence procurement, signals a potential bottom for Europe's largest economy. Read the full analysis.
Fast Ways to Block Your Union Bank Account
Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.
Latvia's Gender Imbalance Forces Women to Hire 'Husband'
Facing Europe's worst gender gap, Latvian women turn to 'husband for an hour' services. Discover the social crisis behind this unique trend. Read more.
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