Saudi Arabia has introduced a 30-day grace period for foreign nationals holding expired visit visas, offering them a temporary window to exit the Kingdom without facing additional legal penalties.
Saudi Arabia has introduced a new skill-based classification system for expatriate work permits as part of ongoing labour market reforms under Vision 2030 and the National Transformation Program.
The National Drug Law Enforcement Agency (NDLEA) has intercepted a shipment of cocaine concealed in 20 sets of religious books destined for Saudi Arabia.
Saudi Arabia has implemented a new visa policy that restricts visitors from Nigeria and 13 other countries to single-entry visas.
U.S. President Donald Trump has vowed to impress on Saudi Arabia and the Organisation of Petroleum Export Countries (OPEC) to crash the price of crude oil in the global market, arguing that it would end the war between Russia and Ukraine.
The governments of Nigeria and Saudi Arabia have agreed to collaborate on enhancing their mineral exploration capacities, drawing on Saudi Arabia’s advanced technological expertise and experience in the sector.
The Federal Government has confirmed Saudi Arabia’s SALIC International Investment Company’s acquisition of a 35.43% stake in Olam Agri Holdings for a substantial $1.24 billion, marking a significant boost to Nigeria’s agricultural and livestock sector.
The federal government is seeking a $5 billion trade loan from Saudi Arabia to boost capital for its economic reform programme.
The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that cargo flight operations between Nigeria and Saudi Arabia are set to resume after years of inactivity.
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by the Russian Federation has decided to keep oil production quota unchanged until its next meeting in June.
OPEC+ countries, spearheaded by Saudi Arabia and Russia, have decided to prolong the recent voluntary oil production reductions for an additional three months in an effort to push up prices, which have continued to be low amidst persistent geopolitical conflicts across Europe and the Middle East.
Saudi Arabia has secured the second position among G20 nations in the International Telecommunication Union’s (ICT) 2023.
