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Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report

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Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report

By: Michael Mike

Over 230 European Union companies are currently operating in Nigeria, accounting for over 130,000 jobs in the country’s economy, according to the report of a recent study by Commercium Africa.

The study commissioned by the European Union also showed that 42 per cent of the companies arrived in Nigeria in the last decade, underlining the country’s economic potential and the increasing tempo of investment from the European Union in Nigeria’s economy in recent years.

In addition to Nigeria being a major destination of choice for European investments, the European Union is the country’s largest trading partner by a wide margin, with notable balance of trade in favour of Nigeria, the new report showed.

It for the first time, mapped out the presence of EU companies in Nigeria, also showing that EU companies invested over €2 billion into the Nigerian economy in the last fiscal year, reaching a turnover of about €4 billion during the period.

According to the report, four in every five or 80 per cent of the EU companies are headquartered in Lagos, Nigeria’s commercial capital, with manufacturing being the largest individual sector, and accounting for 19 per cent of over 230 firms. European companies are also contributing to the pool of skills in the Nigerian economy, having provided 6,000 of their employees with professional training opportunities, the report notes.

Welcoming these findings, the European Union Ambassador to Nigeria and ECOWAS, Ms Samuela Isopi hailed the footprints of EU businesses in the country.

She said: “As we delve into the extensive presence and contributions of the EU companies in Nigeria, it becomes evident that the European Union’s partnership with Nigeria goes beyond trade figures. Our commitment to Nigeria’s growth is reflected in the investments, job opportunities, and economic contributions made by the EU companies. This first mapping highlights the importance of our relationship and the potential for further collaboration in various sectors. We remain dedicated to working hand in hand with Nigeria for mutual prosperity.”

The President of the European Business Chamber Nigeria (EuroCham), Mr Yann Gilbert, expressed delight with the findings of the study, which he described as impactful. “The results illustrate the substantial and consistent contribution of EU companies to the Nigerian economy over the years, underlining the important role played in fostering economic growth, job creation, human capital development, circular economy and innovation spread all over the Federal Republic of Nigeria.”

He added that: “Moreover, the results confirm the consistent strengthening of our bilateral ties, emphasizing the positive collaborative spirit that defines EU-Nigeria relations.”

Over 230 EU Companies Active in Nigeria, Account for 130,000 Jobs –Report

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Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias

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Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias

By: Zagazola Makama

At least five persons have been confirmed killed following a reprisal attack in Kwi community, Riyom Local Government Area of Plateau State, after suspected Berom militias reportedly shot and slaughtered several cows belonging to Fulani herders.

Security sources told Zagazola Makama on Saturday that the initial attack on the cattle occurred around 4:45 p.m. on Thursday, Oct. 30, when armed youths invaded grazing areas in Kwi and opened fire on the herders’ livestock.

According to the sources, more than a dozen cows were killed, while several others sustained gunshot and machete injuries. The incident triggered a swift reprisal later that night, resulting in the deaths of five people within the same vicinity.

“The attackers shot over ten cows and butchered some. In the night, there was a counter-attack that led to the death of five people,” sources said.

Zagazola gathered that the situation has heightened tension in the area, with residents fleeing their homes in fear of further violence.

Troops of Operation Safe Haven and other security forces have since been deployed to the area to restore calm and prevent escalation.

Zagazola recalls that Riyom and neighboring Barkin Ladi local government areas have remained flashpoints of recurrent ethno-communal violence between Berom farmers and Fulani herders, as government of the state failed to contain the crises.

Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias

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FCT police rescue 23 foreign nationals, bust kidnapping syndicate

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FCT police rescue 23 foreign nationals, bust kidnapping syndicate

By: Zagazola Makama

Operatives of the Federal Capital Territory (FCT) Police Command have smashed a major kidnapping syndicate and rescued 23 foreign nationals who were being held hostage in Nasarawa State.

Zagazola Makama gathered from security sources that the operation, carried out by the elite Scorpion Squad led by ACP Victor Godfrey, followed a credible digital intelligence report and marked another major breakthrough in the ongoing effort to rid the FCT and its environs of criminal elements.

The sources said the suspects were arrested on Oct. 22, 2025, around 8 p.m., when the Scorpion Squad stormed Agwan Adamu Ruga Fulani, Zone B, River Side, Ado area of Mararaba, Nasarawa State.

According to the sources, 14 suspected kidnappers were apprehended during the raid, while 23 victims comprising 14 men, eight women, and a child were rescued.

Investigations revealed that the victims were foreign nationals mainly Malians who had been lured into Nigeria under the guise of securing employment but were subsequently abducted and held captive in two fortified two-bedroom apartments.

The police added that the breakthrough came after a formal complaint was lodged on Oct. 21, 2025, by Mr. Dembele Talibe, a 55-year-old Malian national and President of the Diaspora Malians Citizens Organization in Nigeria.

Talibe had reported the disappearance of several Malian citizens who, according to him, had been tricked with false job offers before being held for ransom.

“The kidnappers were demanding ransom payments from relatives of the victims using WhatsApp as their primary communication channel,” the police source said.

Upon receiving the report, the Scorpion Squad swiftly deployed digital tracking systems that led to the identification of the suspects’ hideout. The subsequent raid resulted in the rescue of the victims and the arrest of key members of the criminal network.

Among the rescued were one Cameroonian, one Nigerien, and one Burkinabé national. Items recovered from the scene included mobile phones, cooking utensils, mattresses, and other household items believed to have been used by the suspects.

Highest Police authorities confirmed that investigation was ongoing to apprehend the landlord of the property and other fleeing accomplices.

The operation illustrates the FCT Command’s renewed focus on intelligence-led policing, the use of technology in crime detection, and collaboration with local and international stakeholders to combat cross-border criminal networks.

The successful rescue has also drawn commendation from diplomatic circles and human rights advocates, who hailed the effort as a step toward dismantling transnational criminal enterprises operating within Nigeria’s borders.

FCT police rescue 23 foreign nationals, bust kidnapping syndicate

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Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno

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Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno

By: Zagazola Makama

Troops of the Joint Task Force (JTF), North East Operation Hadin Kai, have repelled an ambush by Boko Haram/ISWAP terrorists along the Main Supply Route (MSR) between Bama and Konduga in Borno State.

Zagazola Makama gathered that the troops, along with members of the Civilian Joint Task Force, were on ambush operations under Operation Desert Sanity IV when they came under enemy contact.

The incident occurred on Oct. 30 at about 7:38 p.m. around the Charlie 5 axis, along the Bama–Konduga road, during a coordinated ambush mission.

It stated that the troops engaged the terrorists believed to have infiltrated from the Geizuwa–Sambisa forest axis and forced them to flee in disarray after a fierce exchange of fire.

“Subsequent exploitation conducted by the troops on Oct. 31 led to the discovery of one terrorist’s corpse within a 3-kilometre radius toward the Sambisa forest axis,” the sources said.

During the mop-up operation, the troops recovered one AK-47 rifle, a magazine containing eight rounds of 7.62mm special ammunition, 90 rounds of 7.62mm x 54mm ball linked ammunition, and four bicycles believed to have been used by the fleeing insurgents.

Sources confirmed that no soldier was injured during the encounter.

Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno

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