Economy
Mali, Niger, Burkina Faso Foreign Ministers To Visit Russia, Efforts To Strengthen Ties
Mali, Niger, Burkina Faso Foreign Ministers To Visit Russia, Efforts To Strengthen Ties
Mali, Niger, Burkina Faso foreign ministers to visit Russia, efforts to strengthen ties. The foreign ministers of Mali, Burkina Faso, and the Niger Republic will visit Moscow this week as part of efforts to strengthen ties with Russia.
A statement issued on Tuesday said the ministers would arrive in Moscow on April 3 and meet Sergei Lavrov, their Russian counterpart. The statement noted that the visit is at Lavrov’s behest.
The ministers are undertaking the visit under the aegis of the Alliance of Sahel States (AES), a breakaway bloc from the Economic Community of West African States (ECOWAS), formed in retaliation to the sanctions imposed by the regional body to reinforce democracy in the junta-led nations.
Last week, the AES imposed a 0.5 percent import levy on ECOWAS nations, disrupting free trade within the region and heightening tensions with the bloc.
The new group has also shunned traditional Western allies like France and the United States and turned towards Russia for military support.
“The Moscow meeting represents an important step in establishing strategic, pragmatic, dynamic, and supportive co-operation and partnership relations in areas of common interest between the AES and Russia,” the statement said.
The statement referred to this week’s visit as the first session of “AES-Russia consultations”.

Foreign Ministers To Visit Russia
Russia has been accused of playing a role in the overthrow of democracy in the French-speaking Sahelian countries through diplomatic backing and information operations.
The Moscow alleged role includes spreading anti-Western sentiment and promoting pro-Russian narratives through disinformation campaigns.
Earlier this year, Lavrov said Russia would establish additional embassies in Niger, Togo, Gambia, and Liberia by 2026.
Economy
Jigawa: 9,600 Teachers Register For Special Training
Jigawa: 9,600 Teachers Register For Special Training
Jigawa: 9,600 teachers register for special training. No fewer than 9,600 teachers under the Jigawa State Universal Basic Education Board (SUBEB) registered for a competency test to determine the specific training required to improve their skills and enhance teaching outcomes in the state.
The Executive Chairman of the Board, Professor Haruna Musa, revealed this while briefing journalists on the purpose of the examination, adding that 12,000 teachers were expected to register for the exam.
He explained that the state government, under the leadership of Governor Malam Umar Namadi, was committed to repositioning the state education sector as a key foundation for sustainable development, in line with its “12-Point Agenda.”
Prof. Haruna noted that while the government has been spending significant resources to improve educational infrastructure, meaningful learning improvements cannot be achieved without also enhancing the capabilities of teachers.
“Based on that, the State Executive Council approved for the board to organise a competency test for all teachers. This will enable us to understand the kind of training each teacher requires to improve his or her skills”.
“Out of the 9,600 teachers registered for the exam, over 70% have never attended any capacity-building training since they were employed, including some with over 15 years of service,” the Chairman added.

Teachers Register For Special Training
He stated that after the exam, the teachers will be categorised into three groups: Group A, those with both knowledge and teaching skills; Group B, those with knowledge but lacking teaching skills; and Group C, those lacking both knowledge and teaching skills.
“Each group will be offered specialised training. Those in Group C will undergo intensive training and subsequent examinations for a period to ensure they are equipped with the required knowledge and skills”.
“For those with slower learning uptake, we will attach them to competent teachers within their schools for ongoing guidance and mentorship,” Prof Haruna said.
He further stated that the project is not about retrenchment, but his primary goal is to enhance teachers’ capacity for better learning outcomes within the state’s basic education sector.
Economy
PFA: Leadway Pensure Leverages Innovations For Quality Service Delivery
PFA: Leadway Pensure Leverages Innovations For Quality Service Delivery
PFA: Leadway pensure leverages innovations for quality service delivery. A Pension Fund Administrator (PFA), Leadway Pensure said, it is leveraging innovation to escalate quality
service delivery to its retirement savings account (RSA) holders. This milestone marks 20 years of trust, exceptional service delivery, and value creation as it celebrates its anniversary. It highlights two decades of dedication to protecting the financial wellness of Nigerian workers.
Over the last 20 years, the PFA has served thousands of customers across Nigeria and beyond, standing as a clear testament to its commitment to providing financial stability at various stages of workers’ career journeys.
Speaking on this remarkable achievement, MD/CEO, Leadway Pensure PFA, Olusakin Labeodan, stated that: “As we celebrate 20 years of Leadway Pensure PFA, this milestone is more than a celebration of longevity, it is a tribute to trust, service and innovation.
From the very beginning, our mission has been very clear, to deliver a pension system without barriersOver two decades, we have transformed this vision into reality by simplifying pension access, embracing cutting-edge technology, and ensuring our services are always within reach. With a nationwide presence, a robust mobile platform, and the AI-powered assistant LISA, we have made pension services accessible to eligible Nigerians.
“We have supported countless customers in achieving life goals, from retirement to home ownership, by ensuring access, clarity and care at every step. This is a testament to the strong relationships and legacy we have built with every customer. Trust is at the heart of our service, propelling us to uphold world-class standards and earning us global certifications such as ISO/IEC 27001:2022 for information security, a mark of our unwavering commitment to safeguarding our customers’ funds. ”

Leadway Pensure
Looking ahead, the company said, it is committed to promoting youth-focused financial literacy, growing personal pension plans and strengthening customer engagement across every stage of the pension journey.
“The next years and beyond will be shaped by the same dedication that brought us this far, a future-forward mindset, a culture of excellence, and an unyielding promise to stand by our customers every step of the way,” Olusakin concluded.
As it commemorates 20 years of service, Leadway Pensure reaffirms its commitment to simplifying retirement planning, delivering consistent value, and driving financial inclusion across Nigeria.
Economy
Receiver Repossesses Nestoil Offices As Court Reverses Order
Receiver Repossesses Nestoil Offices As Court Reverses Order
Receiver repossesses Nestoil offices as court reverses order. The corporate offices of Nestoil Limited in Victoria Island, Lagos, have been repossessed by the receiver following a “restorative injunction” by a court of appeal.
The company had been placed under receivership by a consortium of lenders over a reported $2 billion debt following a federal high court order.
However, Nestoil Limited and its sister company, Neconde Energy Limited, secured another high court injunction asking the receiver to stay action.
In a motion ex-parte dated and filed on the November 26, 2025, FBN Merchant Bank Ltd and First Trustees Ltd sought the following order from the court of appeal:
“An order of interim restorative injunction reversing all steps taken by the Respondents and/or persons purporting to act on the instructions of the Respondents and which steps or actions were taken pursuant to the order of the Federal High Court coram Osiagor, J made on the 20th day of November 2025 pending the hearing and determination of the Appellants’ Motion on Notice filed on the 26th day of November 2025.
“An order of interim injunction restraining the Respondents, their agents, servants, affiliates, and privies from interfering with and interrupting the Receiver/Manager in the performance of his duties pending the hearing and determination of the Appellants’ Motion on Notice filed on 26th November 2025.
“An order staying further proceedings at the lower court pending the hearing and determination of the Appellants’ Motion on Notice filed on the 26th November 2025.”
The court of appeal sitting in Lagos and presided over by Yargata Nimpar granted the application and police took over the headquarters of Nestoil on Monday. The order, dated November 28, 2025, also fixed hearing of the motion on notice for December 4, 2025.

Nestoil Offices
THE COURT BATTLES
A federal high court sitting in Lagos had on October 22, 2025 issued an order of Mareva authorising First Trustees and its subsidiary, FBNQuest Merchant Bank, to take over the company’s assets.
Justice D. I. Dipeolu issued the injunction against the defendants — Nestoil Limited and its affiliate, Neconde Energy Limited, as well as Ernest Azudialu-Obiejesi and Nnenna Obiejesi, the principal promoters.
Dipeolu restrained dealings in the sum of $1,012,608,386.91 and N430,014,064,380.77 — the total indebtedness as of September 30, 2025.
There were other debts personally guaranteed by Azudialu-Obiejesi, with over N366.8 billion, $61.2 million, $152 million, and N10.4 billion owed to Access Bank, First Bank and Zenith Bank.
However, Nestoil and its principal promoters approach a federal high court to set aside the order of Mareva which was granted before the latest development.
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