News
WEF 2025: Nigeria, Global Leaders Target $29trn African Economy By 2050
WEF 2025: Nigeria, Global Leaders Target $29trn African Economy By 2050
** As VP Shettima reaffirms Nigeria’s resolve to champion AfCFTA
By: Our Reporter
Vice President Kashim Shettima has joined other world leaders to push for the full implementation of the African Continental Free Trade Area (AfCFTA) with a target to boost Africa’s economy to $29 trillion by 2050.
He restated Nigeria’s readiness to spearhead the AfCFTA and take advantage of the market potential of the sector for digital transformation and economic integration of the African continent.
This is just as the President of the World Economic Forum (WEF), Børge Brende, pointed out the transformative potential of the AfCFTA, projecting that its full implementation could boost Africa’s economy to $29 trillion by 2050.

Senator Shettima and the global leaders declared their nations’ positions on Wednesday during a forum of Friends of AfCFTA on the sidelines of the ongoing 2025 annual meeting of the World Economic Forum (WEF) in Davos, Switzerland.
The Vice President, while addressing the forum tagged, “Forum Friends of AfCFTA: Turning Digital Trade into a Catalyst for Growth in Africa,” reaffirmed Nigeria’s commitment to AfCFTA as a vehicle for shared prosperity.
According to VP Shettima, Africa stands in a unique position to take advantage of global talent deficits, citing a Korn Ferry study that projects a global human talent shortage of more than 85 million people by 2030.
“By 2050, Nigeria’s population will surpass that of the United States, becoming the third most populous nation on earth at 440 million people,” he stated.

Citing Africa’s growing digital landscape, the VP said Nigeria’s technological strength is propelling it into the knowledge age.
“Today, we have 220 million telecom subscribers and 163 million internet users in Nigeria alone. This provides us with immense opportunities to empower our people. While our highest oil export earnings were $35 billion in 2011, India last year earned about $120 billion from outsourcing alone.
“The African Continental Free Trade Area is not only an economic arrangement but a bold statement of our shared destiny,” VP Shettima stated, adding that while Africa may have missed the agricultural and industrial ages, it is positioned to thrive in the post-industrial knowledge age.
On his part, the WEF President, Brende, while welcoming Vice President Shettima and other African leaders to the “Forum Friends of AfCFTA,” said Africa’s demographic advantage presents huge economic opportunities for the continent.
He noted that while most nations face workforce challenges, Africa’s young population positions it for unprecedented growth.

“If the Secretary General of the AfCFTA is given all the support he deserves, we can boost intra-African trade by a staggering 50%.
“As of today, $29 trillion represents one-third of the global GDP. Africa is such a growing continent, and one of its key promises is demography. The challenge now is creating new jobs for the youth population,” he stated.
Others who spoke at the event included the Presidents of South Africa, Cyril Ramaphosa; Botswana, Duma Boko; DR Congo, Felix Tshisekedi; Somalia, Hassan Sheikh Mohamud; Prime Minister of Egypt, Mostafa Madbouly; Confederation of African Football President, Patrice Motsepe; Former British Prime Minister, Tony Blair; amongst numerous global CEOs.
WEF 2025: Nigeria, Global Leaders Target $29trn African Economy By 2050
News
Digital Identity Becomes New Battleground for Nigeria’s Economic Transformation — eTranzact
Digital Identity Becomes New Battleground for Nigeria’s Economic Transformation — eTranzact
By: Michael Mike
Nigeria’s push to build a truly digital economy is increasingly being anchored on a less visible but critical infrastructure: the ability to securely identify every participant in the digital space.
This emerged in Abuja as eTranzact International Plc reaffirmed its commitment to strengthening Nigeria’s digital identity ecosystem, warning in effect that the country’s ambitions for digital finance, secure public services and wider economic inclusion depend on trusted identity infrastructure.
The financial technology company made the commitment at the 2026 International Identity Day celebration held at the State House Banquet Hall, Abuja, where government officials, technology companies, identity solution providers and private-sector stakeholders examined the role of digital public infrastructure in Nigeria’s economic transformation.
The event, themed “Nigeria’s Digital Public Ecosystem Powering Africa’s Digital Economy,” underscored the growing importance of digital identity beyond the traditional question of identification.
At a time when banking, payments, government interventions, credit, telecommunications and other essential services are increasingly moving online, the ability to establish that an individual is who they claim to be has become fundamental to participation in the digital economy.
A stronger identity ecosystem could make it easier for citizens to access financial services, government programmes and other technology-enabled services, while providing institutions with more reliable tools for verification, compliance and protection against identity-related fraud.
It could also help bridge gaps in financial inclusion by enabling more Nigerians to establish verifiable identities needed to access bank accounts, digital payment platforms, credit and other formal financial services.
It was against this backdrop that eTranzact, which works with the National Identity Management Commission (NIMC), renewed its commitment to supporting the country’s digital public infrastructure.
The Managing Director/Chief Executive Officer of eTranzact, Niyi Toluwalope, represented by the company’s Executive Director, Government Relations and Strategic Initiatives, Abubakar Achimugu, said the company’s participation demonstrated its commitment to public-sector partnerships and technology solutions capable of advancing Nigeria’s digital transformation.
The company’s position places digital identity within the broader conversation about the infrastructure required to make Nigeria’s digital economy work at scale.
Without dependable identity verification, digital services can face challenges involving fraud, duplication, exclusion and difficulties establishing the eligibility of users and beneficiaries.
Conversely, an identity system that is secure, interoperable and accessible can provide a common foundation upon which financial institutions, government agencies and technology companies can build services.
The issue is therefore no longer simply about issuing identity credentials. It increasingly concerns how those credentials can securely connect citizens to the wider digital ecosystem.
Stakeholders at the Abuja event consequently stressed the importance of collaboration between government and private-sector technology providers in developing an ecosystem capable of supporting Nigeria’s rapidly changing digital economy.
For financial technology companies such as eTranzact, the development has direct implications for the future of digital payments and financial services, where secure customer identification is central to transactions and regulatory compliance.
For government, a stronger digital identity architecture can support more efficient delivery of public services and interventions.
For citizens, it could determine how easily they participate in an economy in which an increasing number of everyday transactions and services are being delivered digitally.
The challenge, however, is ensuring that the expansion of digital identity does not create new barriers for people who are already underserved.
Stakeholders will therefore have to balance security and verification requirements with accessibility, interoperability and inclusion if Nigeria’s digital public infrastructure is to serve the entire population.
The discussions in Abuja thus highlighted a broader reality: Nigeria’s digital transformation will not be driven by applications and payment platforms alone.
Behind the visible digital economy must be an identity infrastructure capable of establishing trust between citizens, businesses and government.
As Nigeria seeks to deepen its digital transformation and strengthen its position in Africa’s technology economy, eTranzact said sustained public-private collaboration would remain critical to building the secure and inclusive digital ecosystem required to support that ambition.
Digital Identity Becomes New Battleground for Nigeria’s Economic Transformation — eTranzact
News
Troops arrest two suspects, recover suspected stolen goods in Plateau
Troops arrest two suspects, recover suspected stolen goods in Plateau
By: Zagazola Makama
Troops of Sector 1, Operation Enduring Peace, have arrested two suspected criminals and recovered a vehicle loaded with suspected stolen items at Berger Junction, Mista-Ali, in Bassa Local Government Area of Plateau State.
The suspects were arrested at about 4:00 a.m. on September 18, 2026, following information about suspected criminals allegedly offloading stolen goods at the location.
The troops, acting on the report, swiftly mobilised to the area and arrested two suspects identified as Ibrahim Sulaiman, 33, and Ibrahim Husaini, 23.
The troops also recovered a Mercedes-Benz E220 vehicle allegedly loaded with suspected stolen items.
The recovered items included eight 25-litre containers of palm oil, four 4-litre containers of palm oil, two 50kg bags of rice, one 50kg bag of sugar, one carton of Maggi seasoning and an empty 25-litre jerrycan.
The suspects and recovered items were subsequently handed over to the Keystone Mista-Ali Outpost for further investigation and appropriate legal action.
Security sources said the arrest followed sustained intelligence gathering and patrol operations aimed at disrupting criminal activities and recovering stolen property in the area.
Troops arrest two suspects, recover suspected stolen goods in Plateau
Military
GOC 3 Division engages Bokkos stakeholders over farmer-herder conflicts
GOC 3 Division engages Bokkos stakeholders over farmer-herder conflicts
By: Zagazola Makama
The General Officer Commanding 3 Division and Commander, Operation Enduring Peace, Maj. Gen. W.M. Dangana, has engaged district heads and other stakeholders in Bokkos Local Government Area of Plateau State as part of efforts to address recurring farmer-herder conflicts in the area.
Maj. Gen. Dangana arrived at the headquarters of Sector 5, Operation Enduring Peace, in Bokkos at about 1:00 p.m. on September 19, 2026, where he was received by the Sector Commander.

The GOC thereafter proceeded to the Palace of the Saf Bokkos, where he held an engagement meeting with district heads and other stakeholders from across the local government area.
The engagement formed part of ongoing non-kinetic efforts by the military and other stakeholders to address the underlying tensions between farming and herding communities and promote peaceful coexistence.
Discussions with traditional leaders and community stakeholders are expected to support the identification of local grievances, strengthen communication with security agencies and help prevent disputes from escalating into violence.
The engagement was conducted peacefully and without any incident.
GOC 3 Division engages Bokkos stakeholders over farmer-herder conflicts
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