Connect with us

Business

President Tinubu Urges France, China, Denmark To Foster Growth In Education, Health, And Infrastructure.

Published

on

Spread the love

 

President Bola Tinubu Thursday has suggested that the cordial relations enjoyed between Nigeria, Republic of France, People’s Republic of China, and Kingdom of Denmark over many years should translate into mutual economic benefits for citizens, particularly in key areas of education, health and infrastructure.

 

The President gave an assurance of expanding economic diplomacy at a ceremony at the State House to receive Letters of Credence from the Ambassador of the French Republic, Marc Fonbaustier; Ambassador of the Kingdom of Denmark, Jens Ole Bach Hansen, and Ambassador of the People’s Republic of China, Yu Dunhai.

 

President Tinubu, who is billed to pay a state visit to France, told the French envoy that his friendship with Emmanuel Macron, and the diplomatic ties between both countries, should be felt by citizens.

 

He urged for French support for the ongoing reforms in the country, which seeks to strengthen institutions and improve the livelihood of citizens.

 

He said: “Macron has been a good friend over many years, and I am looking forward to the State Visit in Paris to solidify our relationship, and ensure that our citizens also share in the gains of diplomacy between both countries.

 

“I am happy you are not a stranger in Africa from your background. Nigeria is the biggest country on the continent, and the headquarters of ECOWAS is based here. We have an open door policy, and we want your investors to take advantage of it.

 

“Our collaboration is essential for Africa, ECOWAS and Nigeria. You can always get in touch through Ministry of Foreign Affairs, or the Chief of Staff to the President”.

 

The French Ambassador affirmed the warmth, hospitality and diversity of Nigerian culture, assuring that he will put all effort to upscale the partnership for a shared economic prosperity.

 

“Mr President, I must praise and express my admiration for your achievements. You have taken a bold step in developing the country, and I encourage you to stand, and do the right thing for Nigeria,’’ Fonbaustier stated.

 

In a meeting with the Chinese Ambassador, President Tinubu appreciated the President of the Republic of China, Xi Jinping, for hosting him during his State visit to Beijing, and participation in the Forum on China-Africa Cooperation (FOCAC).

 

He urged the envoy to work hard with the Ministry of Foreign Affairs to translate the agreements signed into reality.

 

“I enjoyed my visit to China, and I particularly look forward to the activation of all the agreements we signed especially on trade and economic progress for both countries.

 

The President said Nigeria will continue to leverage and build on the Chinese experience, especially in trade and infrastructure development.

 

On his part, the Chinese Ambassador thanked the President for honouring the invitation to visit in September.

 

“Your visit was a great success and your presence resonated very well. It was a milestone in our bilateral relations. It was important for both countries to agree to elevate our bilateral relations. We will continue to explore development paths to suit Nigeria, through the Renewed Hope Agenda.

 

“We have enjoyed more than half a century relations. We have respect for each other and treat each other with equity, and our relations have grown from strength to strength, particularly in economics and trade,’’ the Chinese ambassador said.

 

Yu said he had already started some programmes with some states on improving yields for rice and yams, a mobile medical outreach to the less privileged, and educational exchange programmes that will enhance vocational and technical skills in the country.

 

“Mr President, you are a reformer, and our people respect reformers. Like you said in your Independence Day speech, Nigerians are tenacious and resilient,’’ he added.

 

President Tinubu also welcomed the Ambassador of Denmark, saying he looked forward to improved relations.

 

“Your country is known for promotion of democratic values and human rights and we are ready to collaborate with you. We have seen your engagements in the energy sector in your country, and around the world, and we will like to benefit from that.

 

“We are interested in education, Medicare and areas that directly impact the livelihood of our people. We have seen the progress of the APM terminal in Lagos, a company from the kingdom of Denmark. Nigeria is good for business, and we want to continue to promote that aspect,’’ the President said.

 

The Danish ambassador said his country has evolved a new strategy to improve relations with Africa, and Nigeria will play a central role in the implementation, considering its size and influence on the continent.

 

“We recognise your influence globally and regionally, and we will continue to cooperate and expand relations with Nigeria, especially in areas of trade and economy,’’ the envoy added.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

BINATONE Announces Special One Month Black Friday Deals!

Published

on

Spread the love

 

 

Global Appliances Nigeria Limited, manufacturers of Binatone products has, announced an exciting Black Friday deals.

 

The company’s Managing Director, Mr Prasun Banerjee, said the offer cut across Its Full Range of Smart Home Appliances.

“Binatone, one of Africa’s most trusted appliance brands for over 52 years, is delighted to announce its Black Friday Mega Sales offering amazing discounts across all key supermarkets and leading electronic stores nationwide” Mr Banerjee said in a statement.

The promotion will be from November 6th to december 6th, 2026.

During this period, Mr Banerjee said customers will have a full month to enjoy unbeatable prices on a wide range of Binatone products.

“From energy solutions to kitchen essentials, Binatone will bring exceptional value and innovation to every Nigerian home this festive season,” he added.

According to him, this year’s Black Friday promotions will feature exciting offers across multiple categories stressing that Shoppers can enjoy great discounts on stand fans equipped with mosquito-repellent and air-freshness features, including the newly introduced AD 1601 AC/DC Fan, which can be linked to a solar panel for clean, free air.

“The rechargeable fan range, available in three models with replaceable lithium-ion batteries, recharges in just four hours and provides up to ten hours of cooling—enough to last the whole night,” Mr Banerjee added.

For kitchen lovers, he said the KC6000 Yam Pounder/Fufu Maker promises quick, hygienic, and effortless meal preparation while the air-fryer series, available in three models, requires just a teaspoon of oil to make crispy, tasty, and healthy fries.

“Binatone’s cool-touch kettles, models CEJ 1799 and CEJ 1700T, come with elegant digital displays and are designed for safety and convenience, he added.

To protect valuable home appliances, he disclosed that Binatone’s power range offers stabilizers in 2 KVA and 5 KVA capacities and surge-voltage protectors in 13 A30 A ratings—ideal for air conditioners.

“The company’s newly launched Power Stations, available in 1.8 KVA and 2.4 KVA variants, provide portable, plug-and-play power with solar-charging capability, ensuring reliable backup power for homes, small offices, and outdoor use”

He disclosed that customers will also find irresistible discounts on Binatone’s dry and steam irons, garment steamers, and microwave ovens thar are perfect for everyday household needs.

“The breakfast-essentials range features pop-up toasters, sandwich makers, and juicers designed to make mornings easier,” he stated. He announced that the high-powered blender collection includes durable, unbreakable jugs capable of smoothly blending hard nuts and beans.

“Additionally, Binatone has introduced the Tefal Cookware Range, offering premium non-stick pots and pans for healthy cooking, along with Freeplay solar-powered lanterns and torches, ensuring every home remains bright and energy-efficient

“Binatone’s Black Friday celebration is our way of thanking loyal customers for their trust over the years,” Mr Banerjee added.

“We are bringing quality, affordability, and innovation together, thus making this season the perfect time to upgrade your home.

”All Binatone products comes with a two-year warranty, giving customers additional peace of mind and assurance of lasting quality.

“Don’t miss these amazing Black Friday offers, available for a limited time at all major supermarkets, electronic stores, and online platforms across,” he stated.

Continue Reading

Business

Wema Bank’s Top 21 Hackaholics 7.0 Grand Finale Finalists Emerge

Published

on

Spread the love

 

 

Wema Bank, Nigeria’s oldest indigenous bank and pioneer of Africa’s first fully digital bank, has unveiled the Top 21 finalists for Hackaholics 7.0, who will compete at the grand finale scheduled for Friday, November 6, 2026, in Lagos. Themed Festival of the Future, the grand finale will bring together innovators, technology leaders, startup founders, investors and key players in Nigeria’s innovation ecosystem for an immersive celebration of ideas, technology and the possibilities shaping the future.

 

The Top 21 finalists are: Dynalimb, Harthiq, Acceede, Vhorde, URI, Trarrk, SocialSign, RaverPay, All-Arbitrates, CitizensGage, Craft-Planet, FOID, PayByPalm, Niteonn, Nexa-AI, Neural-Forge, MamaAlert, JolliFlow, Becca, CropiQ and Middleman.

Hackaholics is Wema Bank’s youth and start-up-focused initiative, designed to provide young innovators with a platform to transform creative, technology-driven ideas into practical solutions to real-world challenges and gain a competitive edge in the global technology and digital space. Since its launch in 2019, the initiative has recorded over 21,000 applicants, engaged more than 50,000 participants, supported over 10,000 startups across three countries and developed more than 100 solutions from scratch.

The 7th edition, which commenced on July 1, 2026, attracted 5,329 participants and generated 1,632 innovative ideas and solutions across seven pitch-centre locations: Uyo, Kano, YabaTech, Benin, Ibadan, Enugu and Lagos. Following the nationwide tour, 59 participants emerged from the various centres, with the Top 21 selected through a rigorous, multi-stage evaluation process.

The Hackaholics 7.0 grand finale week will feature a three-day programme of strategic engagement and innovation-focused activities. On Wednesday, November 4, the finalists will participate in the Pre-Pitch, where they will present refined versions of their solutions. This will be followed by the Ecosystem Tour on Thursday, November 5, powered by Wema Bank, offering participants the opportunity to visit leading institutions within the technology and innovation ecosystem, interact with industry professionals and gain practical insights ahead of the final competition. The programme will culminate in the grand finale on Friday, November 6, where outstanding innovators will be recognised and celebrated.

Through Hackaholics, Wema Bank continues to demonstrate its commitment to advancing Nigeria’s innovation ecosystem by identifying emerging talent, creating opportunities for young innovators and supporting the development of solutions to real-world challenges. The initiative reinforces the Bank’s role in empowering the next generation of innovators and building an ecosystem where ideas can thrive and possibilities become reality.

Continue Reading

Business

Sanusi Warns FG Against Spending Without Restraint

Published

on

Spread the love

 

 

Emir of Kano, Alhaji Muhammadu Sanusi II, has implied that the Federal government may not be able to achieve it’s economic reform dream if it maintains it’s present expenditure rate, declaring that Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

 

Speaking virtually to the audience at the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tank, on Tuesday, the monarch said reform must go beyond removing fuel subsidies and liberalising the exchange rate, describing it as a comprehensive package that needed to address many other areas.

He said government needed to make clear spending priorities, choosing between roads, electricity, agriculture, and technology based on available resources.

The Emir also raised concerns about the size of government expenditure, saying Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

He said the World Bank had pointed out that in the first half of this year Nigeria’s debt service consumed 124 per cent of federal government revenue.

Sanusi warned that the country needed to urgently address the sustainability of its debt and pursue structural reforms that had not yet been made.

The former CBN boss said every $10 billion spent on roads was $10 billion taken away from electricity and agriculture, stressing the need for deliberate choices.

Sanusi acknowledged that Tinubu’s economic reforms had produced measurable progress, citing improvements in GDP growth, inflation, and foreign reserves.

He said GDP growth has risen from an average of 0.9 per cent under the previous administration to 4.5 per cent, describing the change as progress that deserved recognition.

“I think moving from an average growth rate of 0.9 per cent to 4.5 per cent is progress. Moving from inflation of over 30 per cent to 14.5 per cent is progress.”

“Moving from the point where in 2023 the central bank’s reserves were maybe negative to where we are now having reserves of $55 billion is progress.”

He, however, stressed that issues such as poverty, hunger, maternal mortality, malnutrition, education and healthcare remained serious concerns that the reforms has not yet addressed.

Sanusi said the government should have designed social safety net policies to soften the impact of reforms on vulnerable Nigerians from the beginning.

The former CBN boss also advised the government to tolerate constructive criticism,warning the Federal Government against treating every comment about it’s workings as an attack on President Bola Tinubu.

“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.

Continue Reading

Trending

Copyright © 2026 TheColumn NG