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2026 budget: FG allocates N198.53bn for 9,230 intervention projects

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Tag: Russia

Economy

Nigeria, Russia seek to revive stalled economic cooperation

Russia’s Ambassador to Nigeria, Andrey Podelyshev, has expressed his country’s commitment to reviving economic cooperation with Nigeria after over a decade of stagnation in the bilateral economic relation. Consequently, he stated that Nigeria and Russia are working to revitalize the Intergovernmental Commission on Economic Cooperation to fast-track bilateral projects between both countries. Podelyshev made these […]

Investment

Putin pledges uninterrupted fuel supply to India despite US pressure

Russian President Vladimir Putin has declared that Moscow is ready to provide “uninterrupted shipments” of fuel to India, as Delhi continues to face mounting pressure from the United States to cease purchasing Russian oil. Speaking alongside Indian Prime Minister Narendra Modi in Delhi, Putin questioned why India should be punished for buying oil when the […]

News

Russia pledges deeper ties with Nigeria on 65th anniversary

The Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Nigeria, Amb. Andrey Pudelyshev, reaffirmed his country’s commitment to deepening cooperation with Nigeria across vital economic sectors. The Ambassador made this disclosure during the commemoration of the 65th anniversary of the establishment of diplomatic relations between the Russian Federation and Nigeria, held on Tuesday night […]

News

NATO to launch annual nuclear exercise amid Russian tensions

NATO will launch its annual nuclear exercise Steadfast Noon next week, alliance chief Mark Rutte said Friday, as tensions with Russia have risen after a series of air incursions by Moscow. In a video posted online, Rutte stressed that the two-week drill, starting on Monday, was “regular” and NATO stated it is not linked directly […]

Global oil supply hits record high in August - IEA
Oil and Gas

Global oil supply hits record high in August – IEA

Global oil supply climbed to a record high in August as OPEC+ and other producers boosted output, with the prospect of a surplus keeping prices subdued, the International Energy Agency (IEA) reported on Thursday. Eight core members of the OPEC+ alliance, including Saudi Arabia and Russia, have been steadily raising production since April after years […]

Aviation

EU chief’s airplane hit by suspected Russian GPS jamming

A plane carrying European Union Commission President, Ursula von der Leyen, was struck by suspected Russian GPS jamming as it prepared to land in Bulgaria, the European Commission confirmed on Monday. The incident occurred on Sunday as von der Leyen’s chartered flight approached Plovdiv International Airport in southern Bulgaria. Although the satellite navigation system was […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
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US seizes servers, $1M in Bitcoin from Russian ransomware gang

The United States Department of Justice said Monday it has dismantled part of a prolific Russian cybercrime operation, seizing four servers, nine domains, and $1 million in bitcoin linked to the ransomware strains BlackSuit and Royal. The takedown, carried out on July 24, was the result of a joint operation involving law enforcement agencies from […]

Russia criminalizes searches for 'extremist' content online
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Russia criminalizes searches for ‘extremist’ content online

Russian President Vladimir Putin has signed a controversial new law that punishes citizens for searching online content deemed “extremist” by authorities—a move rights groups say further curtails digital freedoms and free expression in the country. The law, signed on Thursday, imposes fines of up to 5,000 rubles (approximately \$64) on individuals found deliberately accessing such […]

Aviation

Passenger plane disappears from radar in Russia

A passenger aircraft operated by Siberia-based Angara Airlines went off radar on Thursday during a domestic flight in Russia’s Far East, prompting an ongoing search and rescue operation, according to local officials and Russian media reports. The Antonov An-24 turboprop was carrying around 50 people on a flight from Blagoveshchensk to Tynda in the Amur […]

Putin signs law for state-backed messaging app
News

Putin signs law for state-backed messaging app

Russian President Vladimir Putin has signed into law a bill authorising the creation of a state-controlled messaging application, marking a significant step in the country’s effort to reduce reliance on foreign platforms such as WhatsApp and Telegram. The new law, signed on Tuesday, mandates the development of a government-backed app that will be integrated with […]

Putin cracks down on Microsoft, Zoom, others over 'anti-state' actions
News

Putin cracks down on Microsoft, Zoom, others over ‘anti-state’ actions

Russian President Vladimir Putin on Monday accused major United States technology companies, including Microsoft and Zoom, of adopting an “anti-state” position and urged restrictions on their operations within Russia. Speaking at a government meeting focused on technology policy, Putin said platforms perceived as undermining Russia’s national interests should no longer be allowed to operate freely. […]

Oil and Gas

Russia’s oil output drops further below OPEC+ quota in January

Russia’s oil production in January reportedly fell further below its OPEC+ quota, indicating continued challenges in maintaining output levels. Sources, speaking anonymously because the data isn’t public, reported that Russia’s oil output in January fell to 8.962 million barrels per day—16,000 barrels below its OPEC+ target, according to Bloomberg. This decline could be linked to […]

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