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EUROPEAN UNION
The EU's goal to "further deny the Kremlin's military and industrial complex of crucial components and technologies" is in line with the new overall prohibition on cross-border cryptocurrency transfers between the regions
The FG has signalled that it is hopeful the ban on Nigeria's agricultural commodities by the European Union and the United States of America, will be lifted soon.
EU has intensified its pressure on Nigeria for additional gas supplies to the bloc as it gets set to cut supply from Russia due to its invasion of Ukraine.
The European Union has announced it is willing to partner with the Nigerian government to fund gas project in Nigeria to guarantee energy security in Africa and Europe.
As the world moves forward to using renewable energy sources and pushes for zero emissions of fossil electric cars, will it ever become the new normal for Nigeria?
Russian crude oil export to China has surged by 55% year-on-year to a record level in May.
The European Commission has proposed a total ban on Russian oil imports to the European Union.
The European Union is close to imposing additional sanctions on Moscow, which would almost certainly include a ban on Russian oil imports.
European Commission President, Ursula von der Leyen has cautioned corporations not to give in to Russia's requests to pay for gas in rubles.
The UK would allow payments to Russian Gazprombank and its subsidiaries for gas going to European Union countries would be allowed until the end of May.
Russia says a restriction on its oil by the European Union would have a significant impact on the global crude market, particularly in Europe.
The European Union is ensuring that Russian elites and unable to bypass the sanctions imposed on them using cryptocurrencies.