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Angola Shows Interest in Improve Trading with Nigeria
Angola Shows Interest in Improve Trading with Nigeria
By: Michael Mike
Angola has expressed interest in improving trading with Nigeria, assuring that it would continue to push for improvement of bilateral relations.
Amb. José Bamóquina Zau, Ambassador Extraordinary and Plenipotentiary of Angola to Nigeria, Benin, and Niger, said this at the 48th independence anniversary ceremony of the country on Friday night in Abuja.
He said the 48 years of independence of Angola represented the sacrifices made by Angolan people and the government’s determination to implement the main objective of the country.
Zau added that Angola and Nigeria are brother countries and giant crude oil producers in Africa and have been in a relationship that started since Angola’s liberation struggle began until its independence.
He said: “Angola and Nigeria faced challenges and their respective leaders remain committed to resolving most essential problems and strengthening bilateral cooperation are core plans of Presidents Joao Lourenco and Bola Tinubu.
“Since 2008, Angola-Nigeria Bilateral Joint Commission has awaited a roundtable with the officials of the two countries to work on socioeconomic, political, defense and internal security issues.
“The commission also awaits to consolidate the bilateral legal instruments needed, in view of the dynamic that is to be created between the two brotherly countries.
“The Angola-Nigeria economic balance still does not reflect the strategic dimension of the two giants.
“The African Free Trade Zone is coming, so it is in everyone’s interest to prioritise trade cooperation and reverse the current situation in the short and medium term.”
The envoy while acknowledging the partnership between Angola and Nigeria within the framework of Technical and Methodological Coordination of African Petroleum Producing Organization (APPO), which extended to the Organisation of the Petroleum Exporting Countries (OPEC), noted that the Gulf of Guinea Commission as one of the outcomes of the sub-regional organisation’s coordinated actions aimed at gaining momentum, amidst the current challenges in the area.
He said: “In this regard, the leaderships of the two countries have always taken the lead in fulfilling principles defended by the founding fathers of the OAU.
“It is where we highlight the intangibility of the borders of our colonial heritage, freedom for oppressed people, and freedom of religion, and above all raising the great challenge of lifting millions of Africans out of poverty.
“The UN organisation is another forum where leaders of the two countries expressed desire for an increasingly fair world with re-founding of multilateral institutions on a global scale.@
The Ambassador said that the Angola/Nigeria Chamber of Commerce and Industry was established in Luanda to ensure the needs of the business community in both countries are properly understood and supported.
The envoy stated that the embassy on Oct. 19 hosted its maiden Diplomatic Business Forum that brought together political and business stalwarts from Angola and Nigeria.
He noted that at the forum, were captains of industry such as the oil and gas sector, banking, agribusiness, aeronautics, and mining, among other areas of interest to both countries.
He revealed that it was the mutually coordinated actions of both countries that resulted in the establishment of the Angola-Nigeria Business Council (ANBC).
He described the event as a preparation for the proposed “Road Show Angola,” an exhibition fair designed to boost business opportunities in Angola.
He revealed that: “As part of the implementation of the African Continental Free Trade Area, structural reforms have been made in various sectors: Legislative, Migration, Banking and agriculture.
“We can highlight here the ease of the mobility of Nigerian business people and not only to Angola with the granting of entry visas at a very short time, contrary to the previous period.
“This is always in the context of human mobility on a global scale, a total of 98 countries in the world were exempted from entry visas to Angola with immediate effect.”
He however observed that: “This process of removing some barriers to movement of people is carried out gradually with the inclusion of more countries whenever technical and material conditions are created for such purpose.”
Angola Shows Interest in Improve Trading with Nigeria
News
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
By: Michael Mike
The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.
In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.
The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.
NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.
According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.
The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.
NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.
The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.
The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
News
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
Troops neutralise bandit, recover arms in Plateau raid
Troops neutralise bandit, recover arms in Plateau raid
By: Zagazola Makama
Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.
Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.
“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.
The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.
The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.
Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.
Troops neutralise bandit, recover arms in Plateau raid
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