Obafemi Fawibe

Of Borderless Trade and Paperless Ports: Digitizing Customs Under AfCFTA Realities

Of Borderless Trade and Paperless Ports: Digitizing Customs Under AfCFTA Realities

In a landmark step for African integration, the African Continental Free Trade Area (AfCFTA) Secretariat signed a $3.1 billion, 20-year concession agreement with Bergmans Security Consultants and Supplies Limited to overhaul customs administration across member states. The project aims to deploy digital infrastructure, real-time tracking, and automated risk systems across fifty participating nations, creating a…

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Paper Optimism vs. Factory Floor Reality: Decoding the MAN CEO Confidence Surge

Paper Optimism vs. Factory Floor Reality: Decoding the MAN CEO Confidence Surge

In the second quarter of 2026, the Manufacturers CEO Confidence Index, published by the Manufacturers Association of Nigeria, climbed 3.4 points to reach 52.1. This reading pushes the benchmark back above the 50-point threshold separating contraction from expansion, recording the highest sentiment level in over two years. The Director-General of the association, Segun Ajayi-Kadir, observed…

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Arsenal Sign Newcastle Midfielder Bruno Guimaraes for £75m

Arsenal Sign Newcastle Midfielder Bruno Guimaraes for £75m

Arsenal have secured Brazilian midfielder Bruno Guimaraes from Newcastle United in a deal worth £75 million. The 28-year-old international signed a four-year contract with an option for an additional season. Mikel Arteta’s side moved swiftly to bolster their central midfield ahead of the new campaign. Title defences require ruthless efficiency in the summer market. Buying…

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WAEC Releases 2026 First Series Results

WAEC Releases 2026 First Series Results

The West African Examinations Council released results for the 2026 first-series computer-based examination for private candidates. Nearly a third of examinees secured credits in five core subjects, including Mathematics and English Language. Over 10,400 candidates sat for tests across 166 centers nationwide between late January and mid-February. Overall performance improved by nearly six percentage points…

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Nigeria Remittances Near $1bn Mark in July

Cardoso Cites $52.5bn Reserves as Economic Turnaround

Nigeria’s central bank governor now oversees $52.5bn in foreign reserves. Olayemi Cardoso cites market stability and disciplined monetary policy for the swift balance sheet repair. Gross reserves grew to cover eleven months of imports. Net external reserves jumped to $40bn from a perilous $3bn baseline. Foreign currency buffers now offer real defense against external economic…

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Beneath the Flood: How Rising Waters Conceal Deadly Electrical Hazards

Beneath the Flood: How Rising Waters Conceal Deadly Electrical Hazards

Several videos and pictures have surfaced online detailing the ordeals of residents of flooded areas. From submerged cars to waterlogged beds, the experiences are disheartening. According to NiMet’s seasonal climate outlook report, rainfall distribution across the country is expected to vary considerably, with annual totals ranging from about 400 mm in some northern areas to…

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Army Discloses Multi-Agency Sweep Behind Oyo School Rescue

Abducted Oyo Pupils and Teachers Regain Freedom After 56 Days

Dozens of primary and secondary school pupils alongside their teachers have finally regained their freedom after spending nearly two months in captivity. The hostages were abducted during a highly coordinated raid on three public schools in Oriire Local Government Area on May 15. Bayo Onanuga, the Special Adviser to the President on Information and Strategy,…

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