Nigeria has pledged to strengthen bilateral trade and investment with the Russia Federation. Vladimir Putin Prof Steve Ugbah, Nigerian Ambassador to the Russian Federation with concurrent accreditation to the Republic of Belarus, made the pledge when the Chairman Russia –Nigeria Council (RNBC), Mr Dmitry Osipove, visited him in Moscow. In a statement from the Nigerian […]
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Senate President Bukola Saraki yesterday urged the Russian Government to reckon with Nigeria as the central area of focus in Africa. Saraki said the Russian Government should take a more serious view of its longstanding ties with Nigeria to expand its interests. He insisted that countries desirous of expanding their interests in Africa must necessarily […]
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All is set for the staging of the 10th edition of ATOMEXPO – an international forum – which seeks global partnerships on peaceful uses of atomic energy. Billed to hold in the Russian city of Sochi, the event will be held at the city’s Main Media Centre – between May 14-16. Officials of Nigeria’s Nuclear […]
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Coca-Cola HBC (CCHBC) is currently facing challenges in Nigeria, Russia and some main markets as its sales hit ($8.016 billion) 6.5 billion EUR. It was gathered that the depreciation in the value of Naira affected its sales adversely in 2017. The company complained that the headwinds in Nigeria and Russia had softened solid growth for […]
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Russia’s economic recovery is increasingly driven by domestic demand, President Vladimir Putin said on Thursday. Speaking at an annual press conference, Putin said the economy has overcome two major shocks: a drop in oil prices and Western sanctions. Economic growth is now supported by a recovery in industrial output and Russia’s thriving agriculture sector that […]
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The fog has been cleared ahead of OPEC’s next policy meeting by Saudi Arabia and Russia declaring their support for extending a global deal to cut oil supplies for another nine months, OPEC’s secretary general told Reuters on Friday. The Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, have cut output […]
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The Senate Intelligence Committee has asked top tech companies Google, Facebook and Twitter to testify about Russian interference in US politics, a Senate aide confirmed Wednesday. The three internet and online social media giants are expected to appear on November 1 in an open hearing on the rising evidence that they were covertly manipulated in […]
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Global funds transfer company, Western Union Company (NYSE: WU), has announced that it has further strengthened its global digital money transfer footprint, with the activation of its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations including the US, Canada and major parts of […]
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Oil hit its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than first agreed. Energy ministers from the two countries said on Monday that supply […]
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Oil prices eased early in Asia as crude output rises in virtually every major export region despite plans by OPEC and Russia to cut production, triggering fears that a fuel glut that has dogged markets for over two years might last well into 2017. International Brent crude oil futures were trading at $54.55 per barrel […]
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The world’s two biggest oil producers Saudi Arabia and Russia said Monday they had agreed to “act together” to try to stabilise oil prices, but failed to make headway on a production freeze. The two nations “noted the particular importance of constructive dialogue and close cooperation between the largest oil-producing countries.” This should have “the […]
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Google has fixed an “automated” error which saw its online translating tool convert “Russian Federation” into “Mordor”. Other erroneous translations included “russians” becoming “occupiers” and the name of Russia’s foreign minister, Sergey Lavrov, rendered as “sad little horse”. Mordor is the fictional realm in JRR Tolkien’s Lord of the Rings books, also known as the […]
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