Denemek ALTIN - Özgür
From Vision to Action: WAES 2025 Unfolds
The Business NG
|The BusinessNG
WAES 2025 signals a defining moment in West Africa's economic journey-and in this special analysis, ABDULLAHI MUSBAU, Head of Editorial, BusinessNG, Abuja, explains why it matters. Written during a chat with ALKASIM ABDULKADIR, Special Assistant on Media and Communications Strategy to the Honourable Minister of Foreign Affairs and Lead, Media and Communications for WAES 2025, the piece highlights how strategic leadership, youth inclusion, and private sector investment can transform the region. More than a report, it is a call to action-a push to rethink West Africa's future as a unified, self-driven economic powerhouse.
-
As dawn breaks over Lagos, Abidjan, Accra and other cities across the West African region, a quiet but powerful transformation is underway. It is not marked by protests or political agitation, but by a deliberate and coordinated shift toward economic self-determination. This transformation is taking shape through the West Africa Economic Summit (WAES) 2025-a defining moment for the region, scheduled to take place on June 20 and 21 in Abuja, Nigeria.
WAES 2025 is more than just another high-level conference. It is the bold fulfilment of a promise made by Nigeria's President, Bola Ahmed Tinubu, during his inaugural address as Chairman of ECOWAS. At the time, Tinubu committed to organizing a landmark summit that would harness the region's collective economic potential. Now, that promise is materializing. The summit, themed "Unlocking Trade and Investment Opportunities in the Region," is being positioned as a transformative forum for regional integration, investment promotion, and sustainable development. The ambition is to bring together leaders, policymakers, the private sector, and youth under one roof to shape a new economic vision for West Africa.
The West Africa Economic Summit draws inspiration from ECOWAS Vision 2050, which emphasizes "an ECOWAS of the Peoples: Peace and Prosperity for All."The summit embodies that spirit by fostering a future where economic policies are driven by collaboration, where governments work hand-in-hand with the private sector, and where young people are not simply participants, but priority stakeholders. The summit is a recognition that West Africa must move past dependence, fragmentation, and missed opportunities to build a region defined by unity, prosperity, and resilience.
Bu hikaye The Business NG dergisinin The BusinessNG baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business NG'den DAHA FAZLA HİKAYE
The Business NG
POS Operators in CAC Registration Row
The Association of Mobile Money & Bank Agents in Nigeria (AMMBAN) has clarified that its members do not require Corporate Affairs Commis-
1 min
BusinessNg
The Business NG
PwC Warns 141m Nigerians May Fall into Poverty by 2026
Poverty in Nigeria is expected to worsen significantly, with an estimated 141 million people—about 62% of the population—likely to live in poverty by 2026, according to PwC's Nigeria Economic Outlook 2026: Turning Macroeconomic Stability into Sustainable Growth.
1 min
BusinessNg
The Business NG
Over 93% of Nigeria's Cash Circulates Outside Banks - CBN
Nigeria's cash economy remained overwhelmingly dominant in 2025, with the majority of physical currency continuing to circulate outside the formal banking system, according to the Central Bank of Nigeria's (CBN) latest money and credit statistics.
1 min
BusinessNg
The Business NG
229 Bank Branches Shut in One Year as PoS Transactions Rise
Nigeria's banking industry is accelerating its transition toward digital and agent-based services, with 229 physical bank branches shut across the country within one year as customers increasingly embrace Point of Sale (PoS) terminals and other electronic payment channels for everyday transactions.
1 min
BusinessNg
The Business NG
Resident Doctors Set to Resume Nationwide Strike January 12
Resident doctors across Nigeria have announced plans to resume a nationwide strike on January 12, 2026, following what they described as the Federal Gov-
1 min
BusinessNg
The Business NG
FG Drops Criminal Case Against Senator Natasha Akpoti-Uduaghan
The federal government has formally withdrawn the criminal charge it instituted against Natasha Akpoti-Uduaghan, the sena-
1 min
BusinessNg
The Business NG
PMI Survey Shows Nigerian Private Sector Poised for Growth Amid Cost Pressures
Nigeria’s private sector is showing strong signs of resilience, with business sentiment reaching a six-month high at the end of 2025, according to the latest Stanbic IBTC Bank
1 min
BusinessNg
The Business NG
Pressure Mounts on Borno, Rivers as 34 States Submit 2026 Budgets
Capital Spending Rises in 34 States 2026 Budgets Infrastructure Drives 2026 Budgets Across 34 States
1 min
December 29, 2025
The Business NG
Transfers Over N10,000 Will Attract N50 Stamp Duty from Jan 2026 –FIRS
Starting January 1, 2026, the Electronic Money Transfer Levy (EMTL) will be officially renamed Stamp Duties in accordance with the Nigeria Tax Act (NTA) 2025.
1 min
December 29, 2025
The Business NG
New Tax Laws Take Effect January 1, 2026, Despite Reps' Concerns - Oyedele
The Federal Government has confirmed that the Nigerian Tax Act and the Nigerian Tax Administration Act will take effect from January 1, 2026, despite concerns raised by the House of Representatives over alleged discrepancies in the gazetted versions of the laws.
1 min
December 29, 2025
Listen
Translate
Change font size
