Money

EU explores renewable energy partnership with geometric power

DailyTimesNGR DailyTimesNGR 15 February 2025 0

BY MOTOLANI OSENI The European Union (EU) has expressed interest in partnering with Geometric Power to enhance renewable energy development in Nigeria. Speaking during a visit to the Geometric Power plant in Aba on 13 February, the EU’s Head of Cooperation and Projects, Bassimo Deluca,

News

EU, Germany to boost Nigeria’s renewable energy with new funding initiative

DailyTimesNGR DailyTimesNGR 12 February 2025 0

The European Union (EU) and Germany have launched the Nigeria Country Window initiative to accelerate investments in renewable energy projects across the country, particularly in underserved rural areas. Unveiled in Lagos, the initiative seeks to unlock financing for sustainable energy solutions tailored to Nigeria’s unique needs. It is being implemented by the Deutsche

Business

EU unveils €300,000 grant to strengthen Eurocham, boost trade, investment

Ihesiulo Grace 2 February 2025 0

BY MOTOLANI OSENI The European Union (EU) has launched a €300,000 grant to support the institutional development of Eurocham Nigeria, aiming to enhance trade and investment opportunities, strengthen advocacy, and expand external engagement for its members. The three-year grant is part of the EU’s commitment to reinforcing Eurocham’s role in policy dialogue and fostering a

Headlines

EU Election Observation Missions arrive Nigeria ahead of polls

Ihesiulo Grace 31 January 2023 0

BY UKPONG UKPONG The EU Election Observation Mission has arrived Nigeria ahead of the polls slated for February 25 and March 11. The team on the invitation of the Independent National Electoral Commission, INEC, arrived the country on January 11, but was at the Presidential Villa to see the Vice President, Prof Yemi Osinbajo yesterday. […]

Business

EU Offers $3.4mn Solar Grid facility for 76 000 beneficiaries in Nigeria

Ihesiulo Grace 7 January 2023 0

The European Union(EU) has given approval for a $3.4 million working capital facility under the ElectriFI Country Window for Nigeria for Okra Solar to use solar mesh-grids to target 76,000 energy access beneficiaries by the end of 2025. Okra Solar will provide access to electricity through mesh-grid technology to mini-grid developers. The initiative, which was […]

News

EU opens higher education scholarships portal for Nigerians

Ihesiulo Grace 8 November 2021 0

The European Union has opened applications for next year’s Erasmus+ scholarship programme in commitment to expand higher education opportunities for Nigeria’s youth. The Erasmus+ is the EU’s flagship programme for education, training, youth and sport, offering beneficiaries scholarships for young people to continue their studies in some of the most prestigious universities

News

EU, German govt, supports FG in validation of national battery management policy

Ihesiulo Grace 10 August 2021 0

By PHILIP CLEMENT The European Union (EU) and German Government, within the framework of the Nigerian Energy Support Programme, have supported the Federal Ministry of Environment (FMEnv.) to validate the National Waste Battery Management Policy. The Policy which was developed in collaboration with several stakeholders in the sector, during several technical meetings and

Business

EU puts WTO at the heart of greener trade reform push

Ihesiulo Grace 18 February 2021 0

On Thursday, the European Union placed the reform of the World Trade Organization at the heart of its trade strategy for the next decade, saying that global trade rules need to be greener, more accountable for state subsidies, and enforced. The executive body of the 27-nation bloc also said it would seek to work with […]

Education News

More than 90 Nigerians receive EU scholarships

Ihesiulo Grace 19 August 2020 0

Under its Erasmus Mundus Joint Master Degrees programme, the European Union (EU) has awarded scholarships to over 90 young Nigerians for various Master’s Degree programs at universities across Europe. The international study program is part of the EU’s flagship education and training initiative, Erasmus+, which supports European education, training, youth and

Business

African exporters risk losing $2.4bn over factory shutdown in China-Report

Ihesiulo Grace 7 July 2020 0

A report by the European Union (EU), United States, International Trade Centre (ITC), predicts that African exporters may lose more than $2.4 billion due to factory shutdowns in China. It stated that the bulk of the loss is caused by the temporary disruption of the supply-chain linkages with the EU. The Outlook revealed how SMEs […]

Foreign

Britain, EU to wrap up third round of trade negotiations

Ihesiulo Grace 15 May 2020 0

The European Union and Britain are to finish a third round of negotations on a post-Brexit trade deal on Friday after a week of video conferences. The last two rounds yielded little progress, with Brussels’ lead negotiator Michel Barnier accusing London of refusing to seriously engage with the discussions. Britain left the EU at the […]

Foreign

EU GDP shrinks 3.5 per cent; eurozone unemployment up to 7.4 per cent

Ihesiulo Grace 30 April 2020 0

The European Union’s gross domestic product shrank 3.5 per cent in the first three months of the year, according to a first estimate from Eurostat, while eurozone unemployment climbed slightly in March to 7.4 per cent. The annual rate of inflation also plummeted to 0.4 per cent in the 19-member currency area in April, the […]

Foreign

EU launches legal action over Polish judge disciplinary regime

Ihesiulo Grace 29 April 2020 0

The European Commission launched legal action against Poland over its new disciplinary regime for judges on Wednesday, in the latest episode of a long-running saga over reforms introduced by Warsaw. The EU executive believes there is a risk that “the disciplinary charges introduced by the law can be used for political control of the contents […]

Foreign

EU accuses Britain of failing to engage after fresh trade talks

Ihesiulo Grace 24 April 2020 0

EU lead negotiator Michel Barnier accused Britain of refusing to “engage seriously on a range of fundamental points” after the second round of negotiations on their post-Brexit relations on Friday. “The United Kingdom cannot refuse to extend the transition and at the same time slow down progress in important areas,” Barnier said, expressing concern

Foreign

EU lawmakers accuse leaders of dragging feet on virus recovery plan

Ihesiulo Grace 24 April 2020 0

The European Union’s coronavirus recession response came up lacking in the eyes of prominent EU lawmakers on Friday, even as national leaders stressed progress had been made. “The future is built with courage,” EU parliamentarian Udo Bullmann said. “Unfortunately EU leaders were lacking in this at this crucial moment,” the centre-left

News

EU, Britain continue post-Brexit negotiations via video

Ihesiulo Grace 20 April 2020 0

Brussels – Eleven weeks after Brexit, Britain and the European Union (EU) are hoping to finally make progress towards a trade agreement. The first of three week-long negotiations by video conference begins on Monday. The next stages are planned for mid-May and early June. Britain left the EU at the end of January. However, there is […]

Foreign

Covid-19 blamed as EU car sales collapse by a record 55.1 per cent

Ihesiulo Grace 17 April 2020 0

Sales of new cars in the European Union fell by more than 50 per cent last month, in a record collapse blamed on the novel coronavirus pandemic. Just around 567,000 new cars were registered, some 55.1 per cent fewer than in March 2019, the European Automobile Manufacturers Association (ACEA) said Friday in a monthly bulletin. […]

Foreign

EU ministers to discuss response to economic crisis caused by virus

Ihesiulo Grace 16 April 2020 0

The EU’s economy and finance ministers plan to discuss in further detail measures to combat the economic crisis caused by the coronavirus pandemic on Thursday afternoon. The European Commission wants to give the ministers an assessment of how badly the pandemic has hit the European economy. In addition the finance ministers want to push ahead […]

Foreign

EU executive to present plan for gradual end to Covid-19 measures

Ihesiulo Grace 15 April 2020 0

The European Union’s executive is due to propose an exit strategy later on Wednesday for member states to gradually remove coronavirus restrictions and resume normal activity. The European Commission guidelines, which will not be binding on member states, were supposed to be presented last week already. But some EU capitals were worried about giving a […]

World

EU approves €50bn Belgian state aid for coronavirus-hit firms

Ihesiulo Grace 11 April 2020 0

The European Commission, in charge of EU state aid rules, on Saturday approved a 50billion euro Belgian loan guarantee scheme aimed at supporting companies during the coronavirus pandemic. The scheme also aims to help businesses affected by the current crisis cover their liquidity needs and stay afloat. READ ALSO: Covid-19: Lagos discharges boy, 11, other […]