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Eurocham Nigeria Hosts 2025 Annual Stakeholder Conference, Explores Growth in a Post-Reform Economy

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Eurocham Nigeria Hosts 2025 Annual Stakeholder Conference, Explores Growth in a Post-Reform Economy

By: Michael Mike

European businesses in the country, members of the diplomatic community, business leaders from the private sector and policy makers have met to discuss Nigeria’s economic reforms and their impact on business and investment.

According to a statement on Tuesday by European Union, they met in Lagos at the annual stakeholders’ conference of Eurocham Nigeria (The European Business Chamber), participants also engaged in meaningful dialogue on fostering sustainable growth in a transforming economic landscape.

With the theme “Achieving Growth Post-Reforms,” the conference addressed critical areas such as trade, aviation and tourism, energy, finance, and workforce transformation, highlighting opportunities for collaboration between the public and private sectors.

Welcoming participants to the conference, President of Eurocham Nigeria, Mr. Yann Gilbert, stressed the organisation’s role in advocating for policies that drive economic growth and enhance EU-Nigeria business relations.

In a keynote speech, the Honorary President of EurochamNigeria and the European Union Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot, restated the EU’s commitment to Nigeria’s economic transformation. He outlined ongoing efforts to bolster trade relations and unlock investment potential, positioning Nigeria as a key partner in the region. He also introduced the EU-Eurocham Support Grant, an initiative aimed at strengthening private-sector growth in Nigeria.

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), in a second keynote address delivered by his Special Adviser on Aviation and Aerospace Development, Ms. Janet Oputa, highlighted the aviation sector’s role in driving economic expansion. In the speech themed “Aviation: A Catalyst for Post-Reform Growth inNigeria”, she spoke on ongoing infrastructure developments and the investment opportunities emerging in Nigeria’s air transport industry.  

A major highlight of the conference was a presentation by Ms. Danelee Masia, Director Economist for South Africa and Sub-Saharan Africa at Deutsche Bank, on “Nigeria: A Path to Renewed Growth, in which she provided a macroeconomic overview of Nigeria’s recovery, touching on key fiscal reforms, foreign exchange policy adjustments, and investment trends shaping the country’s future.

Also addressing the conference, Princess Zahrah Mustapha Audu, Director General of PEBEC, shed light on the government’s ongoing ease-of-doing-business reforms, while Mr. Olufemi Modupe Awoyemi, Founder of Proshare Limited, discussed financial sector developments and emerging investment opportunities in his remark.

A thought-provoking panel discussion, moderated by IfeomaFinnih, brought together industry leaders to examine how businesses can navigate and thrive in Nigeria’s evolving economic landscape. The panel discussed on Insights on energy sector reforms and investment prospects; the role of tourism and travel in post-reform economic growth; workforce transformation and the future of talent development; the importance of public-private sector collaboration; and business policy reforms and regulatory improvements, with a focus on the impact of policy shifts, investment incentives, and strategies for ensuring long-term economic stability.

Eurocham Nigeria remains focussed on fostering stronger partnerships between Nigeria and the European business community, recommitting itself to supporting pro-business policies, advocating for regulatory improvements, and driving initiatives that enhance economic cooperation between Nigeria and the EU.

Eurocham Nigeria (The European Business Chamber) is a leading platform representing European businesses operating in Nigeria. Committed to fostering strong economic ties between Nigeria and the European Union, Eurochamadvocates for business-friendly policies, facilitates industry dialogue, and supports initiatives that drive sustainable growth and investment. Through its events, policy engagements, and business support services, Eurocham Nigeria continues to strengthen the European business community’s contribution to Nigeria’s economic development.

Eurocham Nigeria Hosts 2025 Annual Stakeholder Conference, Explores Growth in a Post-Reform Economy

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FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS

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FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS

By: Zagazola Makama

The government of Burkina Faso has announced the foiling of an attempted coup allegedly involving President Ibrahim Traoré’s Chief of Staff and a network of foreign and local actors, in what authorities describe as a sophisticated plot to assassinate the junta leader and destabilize the Sahel nation.

The accused high-ranking official, whose name has not been officially disclosed, was arrested after reportedly confessing to accepting a bribe of 25 billion CFA francs (approx. $41 million USD) and an arms shipment allegedly facilitated through Côte d’Ivoire with French involvement.

The plot, uncovered through a military-led internal investigation, was said to be in the advanced planning stages. The confession reportedly links foreign powers to the destabilization attempt, with security sources accusing France Burkina Faso’s former colonial ruler of channeling weapons through Ivorian President Alassane Ouattara’s network. The French and Ivorian governments have not responded to the allegations as of the time of filing this report.

“This is a grave betrayal of national sovereignty,” the Ministry of Security said in a statement. “The Burkinabé people remain resolute and united behind President Ibrahim Traoré, whose leadership continues to command overwhelming support in our fight against insecurity and external manipulation.”

The revelation has triggered increased security in Ouagadougou and its environs, with checkpoints erected across key routes and military deployments strengthened at sensitive installations. The government says nine individuals, including foreign nationals, have so far been arrested in connection to the attempted coup.

Since assuming power in 2022, Captain Ibrahim Traoré has charted a new course in Burkina Faso’s foreign relations, distancing from Western powers particularly France and deepening strategic and military ties with Russia and fellow juntas in Mali and Niger under the Alliance of Sahel States (AES).

This realignment has heightened tensions in West Africa, with regional power blocs increasingly split between pro-Western governments and military-led regimes advocating self-determination and reduced foreign interference. Security experts suggest that Traoré’s pivot and strong anti-colonial rhetoric may have provoked foreign interests seeking to retain influence in the mineral-rich nation.

However, Zagazola could not independently verify the claims of external funding or logistical support to the coup plotters.

Burkina Faso has faced growing insecurity with large portions of its territory under the control of jihadist groups linked to al-Qaeda and the Islamic State. Multiple coups, the most recent in 2022, have reflected the country’s fragile political climate and rising frustration over government inaction. Traoré’s administration has pursued aggressive counter-insurgency campaigns and citizen mobilization, gaining popularity among some segments of the population but also drawing criticism for limited democratic oversight.

Zagazola Makama is a Counter Insurgency Expert and Security Analyst in the Lake Chad Region

FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS

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Armed Bandits Attack Ringa Village, Kidnap Four in Niger

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Armed Bandits Attack Ringa Village, Kidnap Four in Niger

By: Zagazola Makama

Armed bandits have carried out a deadly raid in Ringa Village, located in the Ringa District of Rafi Local Government Area in Niger State, kidnapping four individuals and causing widespread damage, the state police command confirmed.

Intelligence sources told Zagazola Makama that on April 18, 2025, at approximately 1000hrs, a large group of armed bandits and insurgents, riding on motorcycles, invaded the village. During the attack, the assailants abducted four men Anas Shuaibu, Isah Kazuga, Mande Samari, and Bazama Kiwoji who were all residents of the village.

In addition to the kidnapping, the bandits set fire to the village’s electricity transformer, plunging the community into darkness. They also stole four unregistered Bajaj motorcycles that had been abandoned by their owners, who fled in fear for their lives.

Security forces are currently conducting intensive operations in a bid to rescue the kidnapped victims and apprehend the perpetrators of the attack.

Armed Bandits Attack Ringa Village, Kidnap Four in Niger

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Pastor Killed in Armed Robbery Attack in Plateau

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Pastor Killed in Armed Robbery Attack in Plateau

By: Zagazola Makama

The Plateau State Police Command has confirmed the killing of a pastor in Bassa Local Government Area following an armed robbery incident that occurred late Friday night.

Sources told Zagazola Makama that the he victim, identified as Pastor Yohanna Bitrus, 40, was attacked and killed by unidentified assailants who also stole his motorcycle.

The report was made by a resident, who informed the police that the incident took place at about 11:20 p.m. on April 18.

Upon receipt of the report, the Divisional Police Officer in Bassa led patrol teams to the scene, where the victim was found with a deep machete cut on his chest

Pastor Bitrus was rushed to Bassa Cottage Hospital, where he was confirmed dead by the attending doctor.

Following the incident, a joint team of the military, police and other security agencies was immediately deployed into the surrounding forest in pursuit of the suspects.

Pastor Killed in Armed Robbery Attack in Plateau

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