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Nigeria to Become Top 3 Most Efficient Trade Gateways in Africa 2026

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free trade zones FTZs

By Adedapo Adesanya

Nigeria is intensifying efforts to make its ports among the best three in Africa by the end of next year through the implementation of the National Single Window.

The Vice-President, Mr Kashim Shettima, said this on Thursday during the second meeting of the Ports and Customs Efficiency Committee at the Presidential Villa, Abuja.

Mr Shettima explained that the policy aims to create a single platform to harmonise documentation, minimise human contact, and bring full transparency to the cargo clearance process, adding that it will be a game changer at the ports.

He noted that the target was to reduce average cargo clearance time from 21 days to less than seven days by the end of 2026, saying the policy will position Nigerian ports among the top three most potent trade corridors in Africa.

“By the end of 2026, we aim to reduce average cargo clearance time in Nigeria to under seven days and to position our ports among the top three most efficient trade gateways on the continent,” he said.

“The forthcoming implementation of the National Single Window in the first quarter of next year will be a game changer, a single platform that harmonises documentation, minimises human contact, and brings full transparency to the cargo clearance process,” he added.

Mr Shettima directed the Nigerian Ports Authority (NPA), the Nigerian Customs Service (NCS), the National Agency for Food and Drug Administration and Control (NAFDAC), the Standard Organisation of Nigeria (SON), and other relevant agencies to come up with a roadmap on how to make Nigeria’s weights and measures framework effective.

He said the target is to improve port operations, make cargo clearance faster and more efficient by reducing average cargo clearance time from 21 days to less than seven days by the end of 2026.

Mr Shettima expressed dismay over cargo dwell time at Nigeria’s major ports” currently averages between 18 to 21 days.

“This is compared to Ghana and Cotonou, Benin Republic, where it takes five to seven days and just four days respectively.

“The cost of clearing goods in Nigeria is estimated to be 30 per cent higher than in many of our regional peers.”

According to him, the nation’s ports record cargo dwell times 475 per cent above the global average benchmark.

“These inefficiencies are not just statistics; they are symptoms of an economic ailment that costs us investments, drives up consumer prices, and weakens our export competitiveness.

“We simply cannot afford to continue down this path,” he noted.

He also expressed optimism that the Executive Order on Joint Physical Inspection currently before President Bola Tinubu, “stands as one of the boldest and most decisive steps toward reversing these trends.

“It marks the dawn of a new era, an era where agencies work together, where systems speak a common language, and where traders and investors can depend on predictability, transparency, and speed,” he added.

He demanded synergy among the NPA, NCS, NAFDAC, SON, NIS and other relevant agencies, saying that the era of working in silo was over.

“But no reform succeeds without ownership. Every agency represented here, the NPA, NCS, NAFDAC, NDLEA, SON and Immigration, the Quarantine Service, as well as all our partners, must see ourselves not as isolated operators, but as links in a single, integrated value chain.

“The era of siloed operations must end. Inter-agency rivalry must give way to inter-agency synergy.

“We are only as efficient as our collaboration allows, and our success will depend not only on what we do individually, but on what we achieve together,” Mr Shettima said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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IWD: Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance

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Dolapo Akanbi-Alade Pathway Holdings

By Adedapo Adesanya

The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.

International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.

In a statement shared with Business Post, Mr Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.

She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.

“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.

Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:

Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.

Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.

Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.

Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.

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Ambassadors: Tinubu Moves Kayode Are to US, Omokri to Mexico, FFK to Germany

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By Adedapo Adesanya

President Bola Tinubu has approved the postings of 65 ambassadors-designate and high commissioners to various countries and the United Nations, including the former head of the Department of State Services (DSS), Mr Lateef Kayode Are, who is to serve in the United States.

The Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed on Friday that 31 non-career and 34 career ambassadors have been assigned to their duty posts.

The Senate had confirmed all 65 nominees in December 2025 following screening by the Committee on Foreign Affairs.

The Ministry of Foreign Affairs has been directed to immediately commence an induction programme for the envoys, who will assume duties after receiving agrément from their host countries.

Below is the full list of postings:

NON-CAREER AMBASSADORS

1. Senator Grace Bent — Togo (Lomé)

2. Senator Ita Enang — South Africa

3. Ikpeazu Victor — Spain

4. Nkechi Linda Ufochukwu — Israel (Tel Aviv)

5. Mahmud Yakubu — Qatar

6. Paul Oga Adikwu — Vatican City Holy See

7. Vice Admiral Ibok-Ete Ekwe Ibas — Philippines

8. Reno Omokri — Mexico

9. Engr. Abasi Braimah — Hungary (Budapest)

10. Mrs Erelu Angela Adebayo — Portugal

11. Barr. Oluwayimika Ayotunwa — Japan (Tokyo)

12. Ifeanyi Lawrence Ugwuanyi — Greece (Athens)

13. Barr. Chioma Priscilla Ohakim — Poland (Warsaw)

14. Aminu Dalhatu — United Kingdom (High Commissioner)

15. Lt. Gen. Abdulrahman Bello Dambazau — China (Beijing)

16. Tasiu Musa Maigari — Gambia

17. Olufemi Pedro — Australia

18. Barr. Muhammed Ubandoma Aliyu — Argentina

19. Lateef Kayode Are — United States

20. Amb. Joseph Sola Iji — Russia

21. Senator Jimoh Ibrahim — United Nations (Permanent Representative)

22. Femi Fani-Kayode — Germany

23. Prof. Isaac Folorunso Adewole — Canada (Ottawa)

24. Fatima Florence Ajimobi — Austria

25. Mrs Lola Akande — Sweden

26. Ayodele Oke — France

27. Yakubu N. Gambo — Saudi Arabia

28. Senator Prof. Nora Ladi Daduut — South Korea (Seoul)

29. Barr. Joe-Kyari Okocha, SAN — Ireland (Dublin)

30. Dr Kulu Haruna Abubakar — Tunisia (Tunis)

31. Hon. Jerry Samuel Manwe — Trinidad and Tobago (Port of Spain)

CAREER AMBASSADORS

32. Ambassador Nwabiola Ezenwa Chukwumeka — Côte d’Ivoire

33. Besto Maimuna Ibrahim — Niger (Niamey)

34. Monica Okwuchukwu Enebechi — São Tomé and Príncipe

35. Ambassador Mohammed Mahmud Lele — Algeria (Algiers)

36. Endoni Syndoph Paebi — Burkina Faso (Ouagadougou)

37. Ahmed Mohammed Monguno — Egypt (Cairo)

38. Ambassador Jane Adams — Jamaica (Kingston)

39. Ambassador Clark-Omeru Alexandra — Zambia (Lusaka)

40. Chima Geoffrey Lioma David — Mali (Bamako)

41. Ambassador Odumah Yvonne Ehinosen — Equatorial Guinea (Malabo)

42. Ambassador Wasa Segun Ige — Lebanon (Beirut)

43. Ruben Abimbola Samuel — Italy (Rome)

44. Ambassador Onaga Ogechukwu Kingsley — Mozambique (Maputo)

45. Ambassador Magaji Umar — DR Congo (Kinshasa)

46. Ambassador Muhammad Saidu Dahiru — India (New Delhi)

47. Ambassador Abdussalam Habu Zayyad — Senegal (Dakar)

48. Ambassador Shehu Ilu Barde — Ghana (Accra)

49. Ambassador Aminu Nasir — Ethiopia

50. Abubakar Musa — Chad (N’Djamena)

51. Ambassador Haidara Mohammed Idris — Netherlands (The Hague)

52. Ambassador Bako Adamu Umar — Morocco (Rabat)

53. Ambassador Sulu Gambari Olatunji Ahmed — Malaysia

54. Ambassador Romata Mohammed Omobolanle — Tanzania

55. Ambassador Shaga John Shamah — Botswana

56. Hamza Mohammed Salau — Iran (Tehran)

57. Ambassador Ibrahim Danlami — Kenya

58. Ibrahim Adeola Mopelola — Benin (Cotonou)

59. Ambassador Ayeni Adebayo Emmanuel — Belgium (Brussels)

60. Ambassador Akande Wahab Adekola — Switzerland (Berne)

61. Ambassador Arewa Esther — Namibia (Windhoek)

62. Ambassador Gergadi Joseph John — Gabon (Libreville)

63. Ambassador Luther Ogbomode Ayo-Kalata — Sierra Leone

64. Danladi Yakubu Nyaku — Sudan (Khartoum)

65. Bello Dogon-Daji Haliru — Thailand (Bangkok)

Mr Onanuga noted that the Ministry of Foreign Affairs has already received agrément from the United Kingdom for High Commissioner-designate Aminu Dalhatu, and from France for Ambassador Ayodele Oke.

Nominations of the remaining 62 envoys have been conveyed to their respective host countries pending agreement.

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In Celebration of International Women’s Month, CANAL+ and MultiChoice Celebrate African Women

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CANAL+ and MultiChoice

Across Africa and beyond, women continue to shape and elevate the stories that define our societies. In celebration of International Women’s Month, CANAL+ pays tribute to the storytellers, athletes, mothers, creators, leaders and icons whose voices inspire millions of households across the continent.

The African entertainment industry is driven by women, actresses, directors, screenwriters and producers who bring depth and authenticity to every production. From captivating telenovelas and popular comedies to powerful drama series, female talent remains at the heart of the stories most loved by viewers on CANAL+ Group of channels. In sport, women redefine competition and excellence – on the field, behind the mic or in leadership. From football to tennis and athletics, women in sport don’t just participate, they elevate the game and inspire the next generation.

CANAL+ and its subsidiary MultiChoice have chosen to celebrate them through a dedicated campaign: “We are… because she is.” A 90-second spot, produced in both French and English versions, will be broadcast on the Group’s channels and social media platforms in more than 35 countries across Africa.

Watch the promo below

Throughout International Women’s Month, DStv and GOtv will spotlight female‑led films, series, reality shows and global cultural moments that reflect the brilliance and complexity of modern womanhood.

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