A structured cargo consolidation ecosystem could generate tens of thousands of direct jobs across Nigeria’s maritime and aviation sectors, the Sea Empowerment and Research Centre (SEREC) has said. Indirect employment in trucking, cold-chain logistics, ICT, insurance, and finance could be two to three times higher. The centre highlighted roles such as freight planners, load controllers, …
The Federal Government, through the Nigerian Ports Authority (NPA), is bolstering the national economy with record trade facilitation, infrastructure upgrades, and operational efficiencies. A new $60 million investment in green port initiatives under President Bola Tinubu’s administration aims to modernise NPA operations and promote local content development. Data from 2025 shows unprecedented growth at Nigeria’s …
Uganda’s export earnings soared to $1.5 billion in October, nearly double the same month last year, according to official data. The surge reflects strong receipts from key commodities. Coffee, Uganda’s cornerstone export and top source of foreign exchange, benefited from elevated global prices. As Africa’s leading coffee exporter in 2025, Uganda earned a record $2.4 …
Africa’s next economic revolution may not come from its oil wells, gold mines, or farmlands but from trust, transparency, and technology. A new survey by Co-Develop, released on the sidelines of the Global Digital Public Infrastructure (DPI) Summit 2025 in Cape Town, has revealed a groundbreaking trend. Across six African countries, citizens overwhelmingly believe that …
Oil prices steadied on Monday as optimism over a possible trade deal framework between the United States and China helped counter persistent concerns about weak global crude demand. Brent crude futures slipped by 14 cents, or 0.2%, to $65.70 per barrel at 12:27 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 9 cents to …
Spain has temporarily suspended live cattle exports after confirming an outbreak of lumpy skin disease (LSD) in the northeastern region of Girona, Agriculture Minister Luis Planas announced on Tuesday. Planas said the decision aims to contain the spread of the highly contagious virus, which affects cattle and buffalo but poses no threat to humans. “We …
China’s exports of rare earth magnets fell 6.1% in September, sparking renewed concerns that Beijing may again use its dominance in critical minerals as leverage in trade talks with the United States. Customs data showed shipments dropped to 5,774 tonnes from 6,146 tonnes in August, ending three consecutive months of growth and coming just before …
China has shipped its first-ever batch of domestically produced poultry hatching eggs to Tanzania, a move experts say could reshape livestock farming across East Africa. The shipment of 35,000 white-feathered “Guangming No. 2” broiler eggs departed Yunnan Province on Friday, marking a major milestone for China’s agricultural exports. The eggs, specially bred for meat production, …
Analysts have argued in the recent past that Nigeria’s food crisis is not just a product of violence; it is the consequence of policy incoherence, poor governance, and institutional fragmentation. In July, militants believed to be members of the Lakurawa group launched a raid on Kwallajiya, Sokoto State, resulting in 15–17 fatalities. This attack highlights …
Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has hailed the new Bilateral Air Services Agreement (BASA) with Brazil as a “significant breakthrough.” He said the pact would reconnect both nations economically, socially, and culturally. Speaking in Brasília on Monday after the signing ceremony attended by President Bola Tinubu and Brazilian President Luiz Inácio …
