Nigeria’s $5 billion oil-backed loan from Aramco delayed by oil price drop, say sources
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...
Tag: Saudi Arabia
Nigeria’s President Tinubu to call for Gaza ceasefire at Riyadh summit
Nigeria's President Bola Tinubu will call for an immediate ceasefire and peaceful resolution of the Israel-Palestinian conflict when he attends ...
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria and Saudi Arabia on Friday agreed to a series of investment and cooperation deals, including a pledge by the ...
Saudi Arabia to sign deals worth over $500 mln with African nations -minister
The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister ...
An expanded BRICS could redefine global politics, but adding new members isn’t straightforward
What began in 2001 as an acronym for four of the fastest growing states, BRIC (Brazil, Russia, India and China), is projected ...
South Africa flooding: President Ramaphosa postpones visit to Saudi Arabia
President Cyril Ramaphosa has postponed a working visit to Saudi Arabia to focus on his government’s intervention in the KwaZulu-Natal ...
Economic Diversification: Can Nigeria look beyond oil?
Oil has an outsize influence on Nigeria's economy despite representing a relatively small proportion of its GDP, about 9 percent ...
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