The Nigerian National Petroleum Corporation, NNPC, Thursday, called on the Chinese government to increase its investment in infrastructural development in the Nigerian petroleum industry, especially as the country’s investments in Nigeria have reached $16 billion…
 
More details through:
https://www.vanguardngr.com/2019/08/chinese-investments-in-nigeria-reach-16bn-nnpc/
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The Federal Government, the United States and other stakeholders have mapped out strategies to mobilise $300m to support investment and boost business in the agricultural sector in the country.
 
The fund aimed to reach at least 5,000 small and medium enterprises in order to expand opportunities for agribusiness borrowers and lenders in Nigeria.
 
Vice President Yemi Osinbajo, while speaking during the launch of the initiative in Abuja on Tuesday, said the Federal Government was creating the enabling environment and would ensure coordination among the states, the Federal Government and the US to achieve the target…
 
More details through:
https://punchng.com/nigeria-us-to-mobilise-300m-for-agribusiness/
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Nigeria’s Agriculture sector is set to benefit from a multibillion Dollar investment worth $25b from a Chinese team of investors. The investment package which is being put together by the Africa Development Bank, AFDB is expected to boost the agriculture sector, with specific focus on crop production, forestry and livestock production.
 
More details through:
https://businessday.ng/agriculture/article/nigerias-agrics-sector-to-benefit-from-25b-chinese-investment/

The Federal Government through the Nigerian National Petroleum Corporation and the Kingdom of Morocco have pledged to deliver on the gas pipeline bilateral agreement between Nigeria and the North African nation in record time.
 
The NNPC’s Group Managing Director, Mele Kyari, disclosed this while receiving the Moroccan Ambassador to Nigeria, Moha Ou Ali Tagma, at the NNPC towers in Abuja on Tuesday.
 
Morocco’s King Mohammed VI had in December 2016 visited Nigeria in June 2018; President Muhammadu Buhari reciprocated the gesture and both leaders signed a number of agreements during the state visits…
 
More details through:
https://punchng.com/nigeria-morocco-to-deliver-gas-pipeline-in-record-time/
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National Bureau of Statistics (NBS) said that total Foreign Investment into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of the year (Q1’19). The Bureau disclosed this in it’s Capital Importation report for first quarter of 2019 released this morning.
 
The report said: “The total value of capital importation into Nigeria stood at $8.485 billion in the first quarter of 2019. This represents an increase of 216.03% compared to Q4 2018 and 34.61% increase compared to the first quarter of 2018…
 
More details through: 
https://www.vanguardngr.com/2019/07/breaking-foreign-investment-into-nigeria-rises-by-34-to-8-5bn-in-q119

The total volume of trade between Nigeria and the EU has increased over the years: about 20 billion euros in 2016, 26 billion euros in 2017, and 34.4 billion in 2018. "An important point I also would like to stress is that Nigeria has always had positive trade balance with the EU: about 2 billion euros in 2016, 5 billion euros in 2017 and 10 billion euros in 2018…"
 
More details through: 
https://www.dailytrust.com.ng/eu-remains-nigerias-most-important-trading-partner-filippo-amato.html

China led the United States of America in goods imported to Nigeria, accounting for 26.4 per cent of total imports in the country between January and March 2019. According to figures from the National Bureau of Statistics, Nigeria imported goods worth N979.30bn or 26.44 per cent from China in the first quarter of 2019.
 
China, which had continued to increase its exports to Nigeria, and is now the biggest trading partner, was however not on the list of the top 10 countries Nigeria was exporting its products to…
 
More details through:
https://punchng.com/chinese-goods-top-nigerias-import-list-at-26-4/

The Italian government on Tuesday announced its readiness to invest in Nigeria’s transportation sector. It also said it would concretise the move to bring Italian companies to Nigeria through the public private partnership platform.
 
The Italian Ambassador to Nigeria, Stefano Pontesilli, disclosed this when he led a delegation to the headquarters of the Federal Ministry of Transportation in Abuja. He was quoted in a statement issued by the Head, Press and Public Relations, FMOT, Mohammed Idris, as saying, “It is very important for us to have a high calibre of delegation in order to collaborate with the Nigerian government in the area of transportation.”…
 
More details through:
https://punchng.com/italy-set-to-invest-in-nigerias-transportation-sector/

 The Team Lead, West and Central Africa, Ministry for Foreign Affairs of  Finland, Jussi Nummelin, says Finland exported €35m worth of goods to Nigeria in 2018. Speaking with our correspondent on the sidelines of the World Circular Economic Forum 2019 in Finland on Wednesday, he said the export to Nigeria majorly comprised industrial goods as well as power and telecommunication equipment…
 
More details through:
https://punchng.com/finlands-commodity-exports-to-nigeria-hit-e35m/

The value of total imports into the country rose 3.39 per cent in first quarter of 2019 compared to fourth quarter of 2018, and by 25.84 per cent over the corresponding quarter of 2018. The National Bureau of Statistics revealed this in its ‘Foreign trade in goods statistics’, released on Friday. It also revealed that the total trade grew by 2.50 per cent in Q1, 2019 compared to Q4, 2018, and 7.52 per cent relative to the corresponding quarter in 2018…
 
More details through:
https://punchng.com/nigerias-total-imports-rise-by-25-84-in-one-year/