
The Tanzania High Commission in Abuja has called for a stronger trade and investment partnership between Tanzania and Nigeria, emphasizing that collaboration between businesses in both countries is crucial for unlocking opportunities under the African Continental Free Trade Area. The mission is intensifying efforts to strengthen economic diplomacy and deepen bilateral trade relations through increased engagement with private-sector stakeholders. Participation in international trade platforms is part of a broader strategy to expand market access for Tanzanian products and foster mutually beneficial commercial partnerships across Africa. These engagements aim to boost bilateral trade, encourage private-sector collaboration, and create new investment opportunities in sectors like agriculture, manufacturing, and services. Tanzania's expanding export base offers significant opportunities for Nigerian businesses seeking high-quality agricultural and value-added products. The High Commission stressed that stronger commercial ties would contribute to the AfCFTA's objectives of increasing intra-African trade and economic integration. Businesses and investors are urged to utilize trade exhibitions and business forums to establish partnerships. As part of these efforts, Tanzania will participate in the Food & Beverage West Africa 2026 exhibition in Lagos from June 9 to June 11, showcasing products such as tea, coffee, wines, cashew nuts, and spices at the Tanzania Pavilion. The pavilion
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Punch Nigeria.
Must ReadNigeria's federal tax revenue, collected by the Nigeria Revenue Service NRS, rose from N14.27 trillion in the first half of 2025 to N21.6 trillion in the first half of 2026. This represents an increase of approximately 51–52 percent in nominal terms, according to an economic report from the Presidency. The growth is attributed to tax reforms, digitalization, and tighter oil-revenue controls. The Corporate Affairs Commission is also moving to deregister 100,000 companies for failing to file annual returns, an action taken pursuant to Section 692 3 and 4 of the Companies and Allied Matters Act, 2020. These companies have 90 days to regularize their records. Additionally, the Federal Government plans to review 270 taxes, levies, and statutory charges in the oil and gas industry, engaging PwC for this assignment. The Minister of State for Petroleum Resources Oil, Heineken Lokpobiri, acknowledged concerns about the multiplicity of charges. The NRS is also intensifying efforts to enforce its electronic invoicing policy, directing all large taxpayers to migrate to its digital platform by July 31, 2026, with compliance monitoring already underway.
Must ReadMrs. Olabisi Joseph, President of the Nigeria School Sport Federation NSSF, has been elected Continental President for Africa of the International School Sport Federation ISF. Her election took place during the 2026 ISF General Assembly in Belgrade, Serbia, where 79 votes were cast by 82 attending countries. This marks a historic moment as she is the first African woman and the first woman in ISF history to hold a continental leadership position. The NSSF, through its Secretary-General Ijeoma Olopade, congratulated Joseph and pledged full support for her tenure, emphasizing her role in advancing school sports for African children. Joseph previously made history in 2019 as the first female president of the NSSF, winning unopposed, and was re-elected for a second term in 2024.

Nigeria's U-20 team, the Flying Eagles, have arrived in Ivory Coast for the 2026 WAFU B U-20 Championship, where they will defend their title. The team landed in Abidjan on Monday and then traveled by road to Yamoussoukro, the host city, where they are currently camped at the Trio Corridor Hotel. Their campaign begins on Monday against Ghana’s Black Satellites at the Lycée Scientifique. This match is a rematch of the 2024 final in Lomé, which Nigeria won 2-1. Coached by Aliyu Zubairu, the Flying Eagles will also play against Togo’s Sparrow Hawks on Thursday and conclude their Group B fixtures on Sunday, August 2, against Burkina Faso’s Young Stallions. The team aims to successfully retain the WAFU B crown as part of their preparations for upcoming continental assignments.