News
Tuggar Calls for Strengthening of Economic Ties with Canada
Tuggar Calls for Strengthening of Economic Ties with Canada
By: Michael Mike
The Minister of Foreign Affairs, Ambassador Yusuf Tuggar has called for strengthening of bilateral and economic ties between Nigeria and Canada.
Tuggar who recently paid a working visit to Canada where he engaged with various critical stakeholders in furtherance of Nigeria’s commitment to strengthening bilateral relations with Canada, said during his meeting with the Canadian Minister of Foreign Affairs, Mélanie Joly, Tuggar that Nigeria is Canada’s largest trade partner in Africa and called on both countries to strengthen trade ties, given the ongoing implementation of the AfCFTA.
Similarly, the Canadian Minister of Foreign Affairs, Mélanie Joly, stated that Canada is committed to supporting socioeconomic development in Nigeria and the wider region for mutual benefit.
According to a statement on Monday by the spokesman of the Nigeria’s Minister, Alkasim AbdulKadir, both countries resolved to take steps to finalise the outstanding MOUs, including the bilateral Foreign Investment Protection and Promotion Agreement (FIPPA) ahead of the Canadian Trade Mission to Nigeria in June 2024.
He said, the Ministers also discussed regional security in Africa, with Joly lauding Nigeria’s leadership role in the region and offered Canada’s support in strengthening stability and democracy in West Africa.
He said: “They also agreed to work together on a range of regional and global issues, ranging from seeking peaceful resolutions to conflicts to multilateral reform and countering disinformation. The bilateral engagement represents a significant step forward in the already robust relations between the two countries.”
AbdulKadir said Tuggar also met with the Canada-Africa Parliamentary Association (CAAF) to discuss Canada-Nigeria relations and regional African issues. He used the opportunity to explain the 4-D foreign policy thrust and ongoing developments in ECOWAS and the implementation of the AfCFTA.
Tuggar equally met with the Parliamentary Secretary, Robert Oliphant, where he explored avenues for enhanced partnership on multilateral reform, African security, education, healthcare, trade, and investment, particularly in the areas of mining, metals refining, energy, and digital economy.
He noted that Oliphant expressed deep appreciation for the visit, stating that it demonstrated the robust relations between the two countries.
AbdulKadir revealed that the Minister also met with the senior leadership of Carleton University and took a tour of its facilities, including the technology and innovation hub, as well as the Institute for African Affairs.
He said Carleton University has several partnerships with Nigerian universities and is an example of the strong educational cooperation between Nigeria and Canada.
He met with the President of the Business Council of Canada (BCC), Goldy Hyder, where they discussed opportunities for enhanced trade and investment, particularly in renewable energy and infrastructure., noting that the BCC is exploring the possibility of visiting Nigeria later this year to follow up on the productive engagement.
Tuggar also met with the Canadian Parliamentary Secretary on Export Promotion, International Trade, and Economic Development, Maninder Sidhu, to expand the bilateral trade relationship between the two countries. The Minister during the visit, highlighted the linkages between democracy, stability, and sustainable growth, especially given the emergence of the AfCFTA.
The Parliamentary Secretary stated that Canada wants to support Nigeria’s economic development. They also discussed partnerships in the areas of infrastructure, energy, agriculture, technology, and AI.
Tuggar Calls for Strengthening of Economic Ties with Canada
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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