The European Union has pledged to support Nigeria in recovering its stolen assets in foreign countries, tackle corruption, curb illicit financial flows, and enhance credible elections in the country. Ms Samuela Isopi, Head of the EU delegation to Nigeria and…
Once new European Union restrictions on Russian oil products come into force on February 5, Russia could face losses of around $300 million per day, a new report from a Finnish research center predicts. The report, by the independent Helsinki-based…
The European Union (EU) is set to discuss the possible confiscation of Russian assets to reconstruct Ukraine. The meeting of permanent representatives will be held in Brussels, Belgium, on Wednesday. It is sequel to Monday’s approval to include circumvention and…
By Bisi Adewumi The Federal Government, the European Union (EU), and the French Development Agency (AFD), have signed a 25 million agreement to boost power supply in the Northwest. According to the Embassy of France in Abuja, the move was…
UK and European governments’ freezing energy prices risks blanketing the Continent in power blackouts, a Wall Street investment bank has warned. Keeping energy bills artificially low will likely stimulate energy demand, possibly causing supplies to run dry, Goldman Sachs said…
Ahead of Nigeria’s 2023 general elections, the European Union (EU) has reaffirmed its commitment in launching, on Sept. 12, the sum of 39 million Euros towards the EU-Support Democratic Governance in Nigeria (EU- SDGN). The bloc made the commitment in…
The European Union, EU, has urged member states to reduce their gas consumption by 15 per cent as it warned that a complete shutdown of Russian supplies was ‘likely’. The EU has been scrambling to wean itself off Russian gas…
The National Power Training Institute (NAPTIN), says Agence Française de Development (AFD) and the EU, have pledged to expend 46 million dollars to fund vocational skills in the power sector. The Director-General of NAPTIN, Mr Ahmed Nagode said this in…
The European Union (EU) on Tuesday promised to support Nigeria in its energy sector diversification through hydro, wind and biotechnology, to boost the power sector. Ms Inga Stefanowicz, the Team Lead of EU Delegation to Nigeria and ECOWAS on Green…
The European Union’s executive is working on a draft proposals to facilitate EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there is still no agreement to ban Russian crude. “They…
