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Tag: European Union

EU rules out fee for tech giants under digital markets act
Business

EU signs South America trade deal after 25 years of talks

The European Union and Mercosur on Saturday formally signed one of the world’s largest free trade agreements, concluding negotiations that have stretched over more than 20 years. European Commission President Ursula von der Leyen and European Council President Antonio Costa signed the accord in Asunción, Paraguay, a week after the EU gave its final approval […]

EU rules out fee for tech giants under digital markets act
Business

EU to introduce rules prioritizing local firms in investment decisions

The European Union is preparing to introduce a series of new measures aimed at prioritizing local companies in investment decisions by both member states and foreign firms, challenging decades of free-trade principles. In a draft of the Industrial Accelerator Act, the European Commission, the EU’s executive arm, plans to unveil rules later this month that […]

EU to criminalize AI-generated porn images, deepfakes
Economy featured

Nigeria, South Africa delisted from EU high-risk countries

The European Union has removed Nigeria and South Africa from its list of High-Risk Third Country Jurisdictions, a development expected to significantly enhance financial transactions, trade and investment flows between the affected countries and the EU. South Africa’s National Treasury disclosed the development in a statement issued on Tuesday, noting that the decision was published […]

EU to criminalize AI-generated porn images, deepfakes
News

European Union to deepen security ties with Nigeria

The European Union and Nigeria are taking steps to further cement their existing relations through enhanced defence engagement, as part of broader efforts to address Nigeria’s evolving security challenges. This was disclosed on Wednesday, when the EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, paid a courtesy visit to the Chief of Defence Staff, […]

EU rules out fee for tech giants under digital markets act
Travel

EU plans stricter rules for rejected asylum seekers

European Union member states say they are aiming to tighten the rules for asylum-seekers whose claims have been rejected and process deportations more efficiently. This is according to plans announced on Monday. Danish Immigration Minister Rasmus Stoklund, who chaired the talks, highlighted the current failure rate: “Three in four irregular migrants who have been issued […]

EU rules out fee for tech giants under digital markets act
Finance

EU launches €12m initiative to boost African ports

The European Union has launched a €12 million regional initiative aimed at boosting the safety, security, and operational performance of major sea ports across West and Central Africa. The project, known as SCOPE Africa – Securing Corridors, Ports and Exchanges in Western and Central Africa, was formally launched in Lomé, Togo, and is scheduled to […]

EU to criminalize AI-generated porn images, deepfakes
Energy

EU, S’Africa secure €15.5bn for African renewable energy

A year-long international campaign to fast-track renewable energy investment across Africa has closed with commitments totalling €15.5bn, driven predominantly by the European Union. The initiative, jointly led by the President of the European Commission, Ursula von der Leyen, and the South African President, Cyril Ramaphosa, seeks to expand clean-energy generation, improve electricity access for millions […]

FG opens applications for Innovation Challenge
Investment

EU supports Nigeria’s 3MTT scheme with new €45m funding

The European Union and its partners have announced new steps to accelerate Nigeria’s digital transformation as stakeholders convened in Kano for the fifth Project Steering Committee meeting of the Digital Transformation Centre Nigeria and the launch of the Women Venture Studio Innovation Hub, according to a statement released by the EU on Sunday. Through this […]

EU rules out fee for tech giants under digital markets act
Investment

EU begins €30m cultural partnership for Nigerian creatives

The European Union has unveiled the Africa–Europe Partnerships for Culture Nigeria Cluster, a major initiative aimed at empowering artists, broadening creative networks, and deepening cultural ties between the two continents. The €30 million programme, funded by the EU and implemented by the Goethe-Institut, is designed to support Nigerian creatives, cultural organisations, and professionals across both […]

Entertainment

EU unveils reality show to stop violence among youth in Northwest

The European Union and international conflict-resolution group, Search for Common Ground, have outlined a new effort to curb youth vulnerability to violent extremism in Northwest Nigeria by improving access to economic opportunities and conflict-resolution skills. The plan was presented at an Abuja event addressed by the EU Ambassador to Nigeria and ECOWAS, H.E. Gautier Mignot, […]

How open drug market threatens pharma sector – Expert
Helth

Nigeria, EU, France sign €10.2m deal to boost drug manufacturing

The Federal Government, in partnership with the European Union and France, has signed a partnership agreement under the Global Gateway’s Manufacturing and Access to Vaccines, Medicines, and Health Technologies Initiative. According to a statement issued by the EU on Sunday, the partnership aims to advance Nigeria’s pharmaceutical manufacturing capacity and strengthen local health systems. The […]

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