Nigeria and Portugal on Friday in Lisbon signed several Memoranda of Understanding (MOU) for cooperation in different sectors.
Malam Garba Shehu, the President’s spokesman in a statement, said the signing ceremony was done by cabinet level officials from the two countries as part of President Muhammadu Buhari’s State Visit to the European Union country.
The presidential aide stated that Buhari and the Prime Minister of Portugal, Antonio Costa witnessed the signing ceremony.
”The MoUs signed include Political Consultations; Diplomatic Training, Research and the Exchange of Information and Documentation.
Cooperation in the field of Culture; and Cooperation in the Field of Women and Girls Development, Empowerment and Gender Affairs; Youths and Sports were also parts of the cooperation.
At a business forum organised during the visit, at which some of the MoUs were finalised between the two countries’ investment promotion agencies and chambers of commerce, Buhari had described the progress in signing the agreements as ‘‘excellent foundations for increased bilateral trade’’.
Meanwhile, the Naira on Friday gained marginally against the dollar at the Investors and Exporters Window, exchanging at N425.00.
The figure represented an appreciation of 0.01 per cent, compared with N425.05 exchanged on Thursday.
The open indicative rate closed at N421.60 to the dollar on Friday.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N425.00.
The Naira sold for as low as N411.10 to the dollar within the day’s trading.
A total of 78.86 million dollars was traded in foreign exchange at the official Investors and Exporters Window on Friday.
