Federal Government has signed a Memorandum of Understanding with the United Arab Emirates (UAE).
Half a dozen Nigerians have been convicted in the UAE for funding the notorious terrorist group, Boko Haram.
Nigeria's Aviation Minister has confirmed UAE's resumption of visa issuance to Nigerians.
Both crude oil benchmarks remained above the $40-mark.
UAE has expressed its readiness to strengthen ties with Nigeria, as trade volume between the two countries rose to $1.5 billion.
The Federal Government (FG) is in talks with the United Arab Emirates for a collaboration to help boost Small and Medium Scale Enterprises (SMEs) in the country.