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Nigeria procures 1.37m electricity meters from China via $500m

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Tag: Turkey

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Investment

Tinubu’s Türkiye visit targets $5bn bilateral trade boost

The Presidency has stated that President Bola Tinubu’s recent working visit to Ankara, Türkiye, was driven by concrete economic and diplomatic objectives. The engagement resulted in commitments expected to raise bilateral trade between Nigeria and Türkiye to $5 billion. It also deepened cooperation across strategic sectors. Special Assistant to the President on Social Media, Dada […]

Business

Tinubu secures $5bn trade deal with Türkiye

President Bola Tinubu announced that Nigeria and Türkiye are creating a clear pathway to a five-billion-dollar trade volume between the two countries. “We are creating a clear pathway to a five-billion-dollar trade volume between Nigeria and Türkiye,” Tinubu stated. The President disclosed this on Tuesday via his official X handle during his ongoing State Visit […]

Economy

Tinubu seeks stronger Türkiye partnership against terrorism, banditry

President Bola Ahmed Tinubu has stated that Nigeria continues to face various instabilities and security challenges, including terrorism and banditry, while emphasising the importance of sustained international cooperation to confront threats to national and regional stability. The President made the remarks during a joint press conference with the President of the Republic of Türkiye, where […]

Travel

Tinubu departs Abuja for Türkiye to boost economic partnerships

President Bola Ahmed Tinubu has departed Abuja for a state visit to Türkiye as Nigeria moves to strengthen diplomatic and economic ties with the Eurasian country. The presidential aircraft took off from the Presidential Wing of Nnamdi Azikiwe International Airport at 2:05 pm on Monday. Speaking on the purpose of the visit, Special Adviser to […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured News

Tinubu heads to Turkey for strategic state visit Monday

President Bola Ahmed Tinubu will depart Abuja on Monday for a state visit to the Republic of Türkiye, aimed at deepening diplomatic and economic relations between the two countries. The visit was announced on Sunday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, through an official statement. The Presidency stated that the […]

Appointments

Nigeria has no Turkish ambassador yet, says Presidency

The Presidency has clarified that no ambassador has yet been deployed to the Republic of Turkey. In a statement issued on Friday, Bayo Onanuga, Special Adviser to the President on Information and Strategy, said only three ambassadors-designate have so far been approved by President Bola Tinubu. The three ambassadors-designate are those posted to the United […]

Aviation

Turkish airlines cancels Tehran flights amid Iran protests

Turkish Airlines has cancelled all five of its scheduled Friday flights to Tehran, the Iranian capital, amid widespread protests triggered by rising living costs, according to information obtained from the Istanbul Airport application. The airport application also indicated that five additional flights operated by Iranian airlines were cancelled, while seven other flights to Tehran remained […]

News

Nigeria, Turkey set to boost bilateral relations

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, along with the Nigeria Türkiye Business Council, has committed to enhancing bilateral relations between Nigeria and Turkey. During the inauguration of the Independent Industrialists and Businessmen Association at the Turkish Embassy in Abuja, participants emphasized the importance of increasing investments in both countries’ security […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News

Turkey moves to curtail Meta over competition law violation

Turkey’s competition on Monday, the authority implemented an interim measure targeting Meta Platforms Inc. This measure aims to impede data sharing between the Instagram and Threads platforms while the authority conducts an investigation into potential abuse of Meta’s dominant market position. Initiated in December, the investigation scrutinizes Meta, the parent company of Facebook, over potential […]

Nigeria, Turkey partner to promote automotive industry
Business

Nigeria, Turkey partner to promote automotive industry

The Nigerian government has collaborated with an automotive manufacturing entity located in Turkey to advance the country’s automobile sector. According to the News Agency of Nigeria, this was disclosed by the Director-General of the National Automotive Design and Development Council, Jelani Aliyu, in an interview with newsmen. Aliyu noted that the agreement was reached when he […]

Collapsed buildings in Turkey after the earthquake
Business

Earthquake: Turkey’s Central Bank gets $5bn from Saudi

Saudi Arabia announced on Monday that it was depositing $5 billion in the Turkish central bank in an effort to help the country combat inflation and the effects of last month’s earthquake ahead of presidential elections. According to Agence France Presse, this was said in a statement by the Saudi government. The statement revealed that […]

Collapsed buildings in Turkey after the earthquake
Banking

Syria loses 10% GDP to earthquake – World Bank

The World Bank has said the damage caused by the earthquake on buildings and infrastructures is estimated to be 10 percent of Syria’s Gross Domestic Product. According to Reuters, this was in a statement released on Friday by the Bank where it described the damage as a broad but preliminary damage estimate. The quake caused […]

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