Nigeria's annual Gross Domestic Product (GDP) grew by 3.84 percent in the fourth quarter (Q4) of 2024, according to a report published Tuesday by the National Bureau of Statistics (NBS). This growth rate exceeds both the 3.46 percent recorded in Q3 2024 and the 3.46 percent from Q4 2023.

The services sector was the primary driver of economic growth, expanding by 5.37 percent and contributing 57.38 percent to the aggregate GDP. Meanwhile, the agriculture sector grew by 1.76 percent, down from 2.10 percent in Q4 2023, and the industry sector expanded by 2.00 percent, a decline from 3.86 percent in the same period of 2023.

Overall, Nigeria's annual GDP growth for 2024 stood at 3.40 percent, showing improvement from the 2.74 percent recorded in 2023. The nominal GDP for Q4 2024 was N78.37 trillion, representing a year-on-year nominal growth of 18.91 percent compared to Q4 2023's N65.91 trillion.

In the oil sector, Nigeria recorded an average daily production of 1.54 million barrels per day (mbpd), slightly lower than the 1.56 mbpd in Q4 2023 but higher than the 1.47 mbpd in Q3 2024. The real growth of the oil sector was 1.48 percent year-on-year in Q4 2024, a significant decrease from the 12.11 percent recorded in Q4 2023 and the 5.17 percent in Q3 2024. The sector contributed 4.60 percent to the total real GDP, down from 4.70 percent in Q4 2023 and 5.57 percent in Q3 2024.

The non-oil sector, which contributed 95.40 percent to Nigeria's GDP in Q4 2024, grew by 3.96 percent in real terms. This growth was higher than both the 3.07 percent recorded in Q4 2023 and the 3.37 percent in Q3 2024. The non-oil sector was driven primarily by financial and insurance institutions, telecommunications, crop production, road transport, trade, and manufacturing.

A London court has ruled that Nigeria LNG Limited (NLNG), a leading liquefied natural gas (LNG) producer, must pay $380 million in damages to Swiss commodity trading firms Vitol and Glencore for failing to fulfill contracted LNG deliveries. The dispute stems from NLNG's failure to deliver 19 cargoes between 2020 and 2021, which were part of supply agreements secured by Taleveras, a Dubai-based trading company.

Taleveras, founded in 2004 by Nigerian businessman Igho Sanomi, had pre-sold some of the cargoes to Vitol and Glencore. When NLNG failed to deliver the agreed-upon shipments, the Swiss firms initiated legal action against Taleveras, sparking a series of lawsuits. Last week, an appeal by NLNG was dismissed, upholding the court's decision that the company must pay approximately $260 million to Vitol and $120 million to Glencore.

NLNG, a joint venture involving Shell, TotalEnergies, Eni, and the Nigerian National Petroleum Company (NNPC) Limited, which holds a 49% stake, stated that it is reviewing the court's decision but declined to provide further comment. Shell, Eni, and TotalEnergies also refrained from commenting, while Vitol, Glencore, and Taleveras did not respond to requests for remarks.

The ruling highlights ongoing tensions in the global LNG market, where producers have faced accusations of withholding contracted supplies to capitalize on higher spot market prices. Similar disputes have emerged worldwide, including arbitration cases involving Shell and BP Plc against U.S. exporter Venture Global LNG.

This case underscores the complexities of international energy trading and the legal ramifications of contract breaches in a volatile market.

The Pan Yoruba Socio-Political Group, Afenifere, has appointed Oba Oladipo Olaitan as the new leader of the group.

This was contained in a communique issued after its monthly general meeting held at the lsanya Ogbo, in Ogun state, the country home of its late leader, Pa Ayo Adebanjo.

The Meeting was attended by delegates from the six South West states, Kogi, Kwara and the Itsekiri of Delta State

According to the communique, “Oba Olaitan will function as the Leader in acting capacity till after the final burial of Papa Ayo Adebanjo when he will assume the office as substantive Leader.

The communique was signed by the group’s Secretary General, Sola Ebiseni and its National Publicity Secretary, Justice Faloye.

It reads that the ”meeting considered the recommendations of the National Caucus and approved the appointment of Oba Oladipo Olaitan as the new Leader of Afenifere.

“Olaitan was called to the Nigerian Bar as a lawyer in 1971, a Political Adviser to Governor Lateef Jakande and a member of the Lagos State Executive Council 1979 – 1983; elected Member House of Representatives and Leader of AD in the House 1999 – 2003.

”He has been a member of Afenifere for over 45 years serving in various capacities including the National Financial Secretary under the leadership of Reuben Fasoranti and Deputy Leader under Ayo Adebanjo.

In his acceptance speech, the new leader, said that he is” committed to the ideals of Afenifere as a social-political organisation and unrelenting advocate of restructuring and true federalism adding that he would ensure the unity of the organisation.

On security, the group decried the worsening security situation in the country.

Members, according to the communique, “received reports of a young man, Eniola Ojajuni, the videos of whose ordeal, in the den of kidnappers have been on social media for almost a week.

“The Meeting called on the governments of Ondo and Kogi States around which common boundaries the kidnapping was reported to have taken place and the relevant security agencies to act without further delay and ensure the rescue and safety of the young man.

Afenifere, also, acknowledged the enviable contributions of its late Leader, Pa Adebanjo, to nation-building as reflected by the glowing tributes in his memory from all walks of life within Nigeria and the world over.

They commiserated with “the children and the immediate family members of our Leader and applauded them for their untiring courteous engagement of a large number of people who daily throng the Lekki Lagos and Isanya-Ogbo Ogun State residence of our great Leader.

Present at the meeting include, Femi Okunrounmu Gbenga Kaka, former Deputy Governor of Ogun State, Pekun Awobona, Tola Mobolurin, Tokunbo Ajasin, Bayo Adenekan, Leke Mabinuori, Olayemi Olajuyinu; Olu Pessu and Olusegun Olawoyin.

Vanguard

Israel looks to extend phase one of Gaza truce as long-term deal proves elusive

The initial phase of the ceasefire deal, launched with the backing of the United States and the help of Egyptian and Qatari mediators on January 19, is due to end on Saturday and it remains unclear what will follow.

"We are being very cautious," Israeli Deputy Foreign Minister Sharren Haskel told reporters in Jerusalem, when asked whether the truce might be extended without the start of talks on a second phase which would include difficult issues such as a final end to the war and the future governance of Gaza.

"There wasn't a particular agreement on that, but it might be a possibility," she said. "We didn't close the option of continuing the current ceasefire, but in return for our hostages, and they have to be returned safely."

If no agreement is reached by Friday, officials expect either a return to fighting or a freeze in the current situation in which the truce would continue but hostages would not return and Israel may block the entry of aid into Gaza.

Two officials who have been involved in the ceasefire process told Reuters that Israel and the Palestinian militant group Hamas have not engaged in negotiations to finalise an agreement over phase two of the ceasefire which will have to bridge wide gaps between the two sides to be concluded.

"I think it's unrealistic to see something like that forming within a few days," Haskel said. "This is something that needs to be discussed in depth. This is going to take time."

The deal, which included the release of 33 Israeli hostages in return for some 2,000 Palestinian prisoners and detainees held in Israeli jails and the withdrawal of Israeli troops from some of their positions in Gaza, has survived numerous hiccups.

So far, 29 Israeli hostages - plus five Thais - have been released in exchange for hundreds of Palestinian prisoners and detainees, with the bodies of four more hostages, initially due to be handed over on Thursday, still to come.

There is now a standoff over the release of more than 600 Palestinians, which Israel has delayed, accusing Hamas of breaching the agreement by making a public show of the handover of Israeli hostages in Gaza.

Hamas official Basem Naim said progress could not be made while the prisoners were still being held but that Hamas was committed to a permanent ceasefire and the full withdrawal of Israeli forces.

Haskel said she hoped a solution would be found to secure the handover of the final four in the next few days.

WITKOFF DUE IN ISRAEL

Steve Witkoff, U.S. President Donald Trump's special Middle East envoy, is expected in Israel on Wednesday to continue discussions on the second stage, opening the way to a final end to the war in Gaza.

Negotiations over the second phase, intended to secure the release of the remaining hostages and the full withdrawal of Israeli forces from Gaza, had been meant to start this month, 16 days after the start of the truce.

Qatar's prime minister flew to Florida on February 6 and met Witkoff to discuss the "full implementation" of phase one and "to kick-start negotiations for the second phase", according to an official briefed on the talks.

But officials in the ceasefire process say that so far none of the principal negotiators have met face to face since the first phase was agreed last month and there is little clarity on options for the "day after".

"This is the day after Gaza, after the war in Gaza and what's going to happen there, and so we are continuing that channel with the Americans," Haskel said.

The fighting in Gaza was triggered by a Hamas-led attack on October 7, 2023, in which Israel said about 1,200 people were killed and 251 were taken as hostages back to Gaza.

Israel's retaliatory assault on Gaza has killed more than 48,000 Palestinians, Palestinian health officials say, and laid waste to much of the enclave.

Israel has said Hamas cannot have any role in the future running of Gaza and has rejected a role for the Palestinian Authority.

Hamas has said it will not necessarily demand that it remain in charge of the enclave, which it has governed since 2007, but that it must be consulted.

Arab states, which are likely to have to shoulder much of the financial burden of rebuilding devastated Gaza, have been struggling to come up with a proposal of their own but are expected to demand a role for the Palestinian Authority.

Uncertainty increased after Trump proposed moving all the Palestinians out of Gaza to make way for a U.S. waterfront development project, a plan that was endorsed by the Israeli cabinet but rejected by Arab states and Palestinians.

Reuters

WESTERN PERSPECTIVE

After Trump comments, Kremlin reaffirms opposition to European peacekeepers in Ukraine

The Kremlin, asked about an assertion by U.S. President Donald Trump that Russia was open to European peacekeepers being deployed in Ukraine, referred reporters to an earlier statement that such a move would be unacceptable to Moscow.

Russia has repeatedly said it opposes having NATO troops on the ground in Ukraine, with Foreign Minister Sergei Lavrov saying last week that Moscow would view that as a "direct threat" to Russia's sovereignty, even if the troops operated there under a different flag.

Asked about Trump's comment, Kremlin spokesman Dmitry Peskov refrained from publicly contradicting the U.S. president, but effectively reaffirmed Russia's opposition to the idea.

"There is a position on this matter that was expressed by the Russian Foreign Minister, Lavrov. I have nothing to add to this and nothing to comment on. I leave this without comment," said Peskov.

Trump said on Monday that both he and Putin accepted the idea of European peacekeepers in Ukraine if a settlement was reached to end the war.

"Yeah, he will accept that," Trump said. "I specifically asked him that question. He has no problem with it."

Brian Hughes, spokesman for the White House National Security Council, did not respond directly to the Kremlin's latest comment, saying the Trump administration would continue to work with Moscow and Kyiv to end the war.

"President Trump’s commitment to achieving an end to this brutal, bloody war and then establishing the framework for a lasting peace will not be negotiated through the media," Hughes said.

"The Trump administration knows that sustaining peace requires Europe to do more, and we have heard leaders like (French) President (Emmanuel) Macron and British Prime Minister (Keir) Starmer - as well as others - offer to do just that. We continue to work with Russia and Ukraine for peace because you can’t end a war without talking to both sides."

RUSSIAN PERSPECTIVE

Militarizing Europe has no right to take part in talks on Ukraine — foreign ministry

Having embarked on a path of militarization, Europe has lost the right to claim any participation in talks in Ukraine and is drifting toward isolation, the Russian foreign ministry said in a commentary following the adoption of UN General Assembly and Security Council resolutions on the Ukrainian crisis.

"In general, the discussions and voting at the UN clearly demonstrate that the world community wants peace. European countries, having firmly committed to militarization, have justifiably lost their claim to a role in negotiating a resolution to the Ukraine crisis and are becoming more isolated. Significant shifts in the positions of the global majority nations are evident, reflecting a growing sense of realism and a desire to expedite the end of the conflict," it said.

According to the ministry, the US-drafted resolution on Ukraine is a step in the right direction, reasserting the new US administration’s intention to make a contribution to the settlement process.

US-drafted resolution on Ukraine

On Monday, the UN Security Council voted in favor of the US resolution concerning the conflict in Ukraine, adopting the document in its original version. The Security Council rejected both the anti-Russian amendments proposed by European countries and the changes put forth by Russia aimed at clarifying the assessment of the Ukrainian crisis. The US abstained from voting on all amendments.

The adopted resolution is written in a neutral tone. It expresses sorrow for those killed in the Ukrainian conflict and emphasizes the United Nations’ role in maintaining international peace and security. It also calls for ending the conflict and establishing lasting peace between Ukraine and Russia.

Prior to this, the UN General Assembly voted on two resolutions on the Ukrainian crisis. One of them was drafted by the Kiev authorities jointly with a number of European countries and was openly anti-Russian. The second one, proposed by the United States, was neutral. Both resolutions were adopted by the General Assembly but European countries introduced anti-Russian amendments to the US draft and the United States abstained from voting on the amended document.

Russia's Permanent Representative to the United Nations Vasily Nebenzya said that Europe’s anti-Russian amendments to the UNGA resolution on Ukraine distorted the United States’ once neutral draft. At the same time, he said that Moscow hails Washington’s initiative and that the very voting proved that the path to peaceful settlement is not going to be easy.

Reuters/Tass

At a time that well-meaning Nigerians, including some Muslims, are calling for the secularisation of the Nigerian state and the dismantling of religious laws in the Hausa speaking Muslim North of Nigeria, as a means of effectively separating the state and religion, some wannabe Mullahs in the Yoruba speaking South-West part of the country are struggling to extend Sharia rule to their region. For many decades, the Muslim North has been the hotbed of Islamism, Islamist separatism and political Islam in Nigeria; a situation that has reduced the region to a Siberia of religious intolerance, violent extremism and Jihadi terrorism. The ultimate objective of Islamism is to obliterate secularism, multiculturalism and Western style representative democracy and erect in its place a Sharia ruled Islamic state. The Boko Haram insurgency that the Nigerian state has been battling to defeat for over a decade is nothing but a violent manifestation of Islamism.

On the contrary, the Yoruba speaking South-West region of Nigeria, with a significant population of Muslims who are nearly equal its Christian population has been a shining example of religious harmony and peaceful coexistence between people of different faiths, with zero incident of Jihadi terrorism, as this part of Nigeria has been free of Islamism. Among Yoruba Muslims are found some of the most knowledgeable, pious and forthright vanguards of the religion of Islam in the entire Muslim population. As a matter of fact, Islam reached Yorubaland in places like Iwo from the ancient empire of Mali as early as the 16th century, making the region one of the earliest sites of Islam in sub-Saharan Africa. The practice of Islam that is devoid of Islamism in Yorubaland has set the region ahead as the most peaceful, secure and civilised region in the global Muslim community. In fact, the Islamic conduct of Yoruba Muslims is commonly used to justify Islam as a religion of peace.

But all these are about to change as Islamism spreads south from the Muslim North into Yorubaland. For many years, Yoruba Muslims have been regarded as inferiors by Islamists in the Muslim North, who are unable or unwilling to separate Islam, a divine religion that is practiced through personal conviction, and Islamism, a man made version of Islam that is practiced by compulsion or imposition on the generality as a religious duty. To Islamists, the level of inter-religious harmony, accommodation and peaceful coexistence that is Yorubaland is an indication of weakness of the Islamic faith of Yoruba Muslims. And in an apparent bid to shore up their Islamic bonafide, some prominent Yoruba Muslims are beginning to clamour for Sharia law in Yorubaland. As far as these set of Yoruba Muslims are concerned, their Islam is no longer complete without a dose of Islamism and they want to now live in an imaginary bubble of a Utopian Islamic state.

First, as a Muslim, I am worried about the spread of Islamism into Yorubaland, as accentuated by the clamour of some prominent Muslim figures for the adoption of Sharia law in the region, because the biggest casualty of Islamism is Islam and its biggest victims are usually Muslims. Second, as a Nigerian I am also concerned that the last frontier of societal sanity in multi-religious Nigeria that has long served as a buffer of peace and harmony is about to be flipped. Whereas Islamism and its social (Almajirici) and violent (Boko Haram) manifestations in the North are often attributed to the educational backwardness and economic underdevelopment of the Muslim North, how are we to explain the rising tide of Islamism in Nigeria’s most educationally advanced and economically developed region? Probably motivated by the politics of religious identity and the need to be accepted as “authentic,” in order to benefit from the majoritarian democratic advantage of the Muslim North in national elections, some Yoruba Muslims now desperately seek to “belong” to the “Rightly Guided Caliphate.” 

Not surprisingly, Islamist individuals, organisations and institutions in the Muslim North have come out to back the demand for the establishment of Sharia law in Yorubaland, cheering and urging Yoruba wannabe Mullahs on. But as the educationally backward Arewaland exports Islamism to the educationally advanced Yorubaland, there are salient points to ponder upon. Of what benefit has Islamism been to the Muslim North that it should be extended to Yorubaland? Is it the status of the region as one of the most illiterate, diseased, underdeveloped, terrorised, impoverished and traumatised in the world?

Nigeria is a secular state by constitutional definition, with inexhaustible guarantees of religious freedom, and Islam is consistent with secularism. Under the constitution, Nigerian Muslims enjoy unrestrained rights to practice their “Sharia” faith without hindrance. What the constitution does not allow is to impose your Muslim values on others, including fellow Muslims. For Instance, as a Muslim, my Sharia faith prohibits me from consuming alcohol, committing adultery, stealing, murder, lying, etc., and if I decide to comply with the dictates of my faith, the constitution does not compel me to commit any of the aforementioned vices as a matter of citizenship obligation. However, what I cannot do is to compel others to abstain if it does not go against their religious beliefs, much the same way an Indian Muslim should be allowed to sacrifice cow for the feast of Eid-al Adha without attracting the wrath of Hindu extremists who considers such an act a sacrilege of eating their “god” under the secular constitution of the Indian state.

While the argument for the creation of Sharia law courts to handle personal matters such as marriage and inheritance for Yoruba Muslims may come across as persuasive, it is important to point out that as a practicing Muslim of many decades, I have never had direct or indirect dealings with a Sharia court, despite having married and divorced, just as I have lost my father and my inheritance was not a subject of adjudication by a Sharia court or panel. Marriages that are contracted under Islamic injunctions are recognised as legal by Nigeria, just as divorces that are similarly negotiated. As a Muslim, I know my due as a male child and out of conviction will not accept an ounce more than what is clearly prescribed in the Quran. And, the constitution of Nigeria does not prohibit inheritance by religious injunction.

And if for any reason anybody tries to deny me my fair share of my father’s inheritance, I will sue for my rights under regular courts, as they have jurisdiction to enforce my fundamental human right of inheriting from the estate of my father, who died as a Muslim, in accordance with Islamic injunctions. Without Sharia courts or panels, a Muslim misses nothing religious or spiritual in Nigeria, and the advocacy for Sharia is simply an accentuation of Islamism and Islamist separatism, because the constitution of the Federal Republic of Nigeria allows Muslims the uninhibited practice of our “Sharia faith,” in the same way it allows Christians their freedom of “Canon faith.” Even the use of Hijab by Muslim women has been guaranteed by the secular Supreme Court of Nigeria as a fundamental right of religious freedom of citizens.

Many Muslims may not have realised that the codified form of Sharia law is not essentially a divinely revealed set of religious laws. Of the many sources of Sharia law, only the Quran is divinely revealed, others such as the Hadiths (compendium of prophetic traditions), Ijma (consensus of scholastic opinions), and Qiyas (deductive logic and reasoning) etc., are the works of men, no matter how rightly guided or well intentioned they maybe. This explains why there are various schools of Sharia jurisprudence with degrees of variation. And because these laws were made for Muslim ruled and dominated empires and states, its full application in a country like Nigeria will always result in a conflict between the state and religion, as we have seen in Northern Nigeria. Fundamentally, Sharia law, as codified, does not recognise the equality of non-Muslim citizens with Muslims, just as non-Muslims cannot lead Muslims in an ideal Islamist state.

Consequently, political Islam and Islamist separatism will begin to define the socio-political landscape of Yorubaland as the Yoruba Muslims increasingly get isolated from their kith and kin of other faiths while aligning their democratic choices with their religious agenda, and the region will lose its religious innocence and descend into anarchy, as the centre of social harmony and peaceful coexistence will no longer hold. And when political Islam fails in the long run, as it did in the Muslim North, Yoruba Muslim youths that would have been radicalised by Islamism may then resort to armed struggle (Jihad) to shake off secular constitutionalism and adorn the cloak of a Sharia ruled Islamic State of Western Nigeria, as we are currently witnessing in northern Nigeria through the violent activities of the Islamic State of West Africa Province.

As we focus on continuing to elevate entrepreneurs from all parts of the world and from all backgrounds, I’m reflecting a lot on how nontraditional entrepreneurs can realize their dreams. Sometimes that means unlearninglessons we were taught in school.   

On the day you graduate and enter the professional world, there is no instruction manual waiting for you. (If only!) There is so much I wish I’d known at the start of my own career, and I wish I could spare young entrepreneurs that same learningcurve. Below are a few key lessons about entrepreneurship that aren’t taught in school.

1. Your wins will not always be linear

As students, we’re told that if we study hard enough, we’ll ace the test, and that if we turn in all of our assignments, we’ll get full credit. In school, you tend to get out what you put in, often in a very predictable and measurable way. You know that xamount of preparation will probably get you y grade on the exam.

In entrepreneurship, that’s often not the case. You can work incredibly hard and still not see results, and vice versa. Some opportunities can fall in your lap and can feel like a “right place, right time” situation. Other opportunities can completely evade you no matter how hard you reach for them.

When I first started To the Market, I was working 12-14 hour days, doing everything within my control to have as many sales and eyeballs on the businessas possible. But that didn’t always get me the results I wanted. It was hard to process that I was competing in a much broader landscape with variables like competitors having more funding, or competitors being better networked. My work ethic wasn't enough.

I ultimately realized that when entrepreneurs create formulas for success, we’re not the only variable. Some of the variables that factor into our final result are within our control, but many are not. The effort put in does always lead to a commensurate result. I needed to broaden my formula and make space for a lot of other variables to go into the equation.

2. Rejection is going to be part of your regular routine

If you are a driven student and are used to getting a consistently positive outcome from your efforts in school, rejection is hard to accept at first. But the vast majority of people you try to sell to, be it consumers, buyers or investors, are going to say no. That’s the nature of entrepreneurship. Rejection is normal and consistent.

The first time my company pitched a wholesale account, it was to a big retailer that I really admired. I felt really good about our pitch. I felt that our products and prices were compelling. But after the pitch, I didn’t hear back…and didn’t hear back…and didn’t hear back. Still, I had hope. And then finally, I got a no.

At the time, I remember feeling like I’d been punched in the gut. But that’s because I hadn’t built up enough scar tissue around rejection yet. The longer you’re in business, the easier it gets. Rejection becomes a normal part of the growth process.

3. Not everyone will like you — and that’s okay

No matter who you are, what you do, and how you treat people, there are going to be people who just don’t like you. That’s hard at first, because when I started out in the working world, I thought, If I’m nice to everybody, everybody will be nice to me. That’s unfortunately not always the case.

That doesn’t mean I would suggest changing your attitude toward people or turning away from kindness. But you also have to accept that regardless of how virtuous, warm or easygoing you might aspire to be, there will be people who simply do not like you. And that’s okay!

Not only is this a reality, but it's also one that’s perfectly acceptable. There is no one on this planet that everybody likes. And the more success that you might enjoy — meaning a larger organization or more exposure across the business community — the number of people who don’t like you could grow, simply because the number of people who know about you increases. 

4. Managing people is just as important as managing your work

When I first started my career, I didn’t understand what managing people meant.  In school, we’re taught to focus on our own workflows. So much of our training as young people is around becoming excellent in subject matters rather than becoming excellent at delegation, team cohesion and team management.

But as I got older, I came to learn that managing people is equally, if not more important, than your work portfolio. This doesn’t just mean your direct reports: It’s also professional interpersonal relationships and managing in a way that maximizes value creation among all parties.

This is especially true for entrepreneurs. When you build an organization, you become a leader of leaders. Your job is to enable the entire organization to flourish, and your first line of defense is the leaders who report to you.

When To the Market reached the stage of our journey where we grew to have an executive leadership team, I was so used to managing my own workflows that I had to make a shift. I started allocating far more time to empowering and enabling the other leaders in the company.

Thinking about direct reports used to be a relatively small part of my workday, and now it’s the majority of it. Most of my time goes into working directly with the leaders of the organization and ensuring they’re getting what they need to go out and empower their teams.

5. Be your biggest champion

Growing up, there was an emphasis at home on humility and thinking of others rather than yourself. In school, there was rarely a need to promote myself, as teachers are required to give you feedback. But when I got into the business world, the rules were different. I realized it was critical for me to be my own champion, not only for myself but also for my ideas.

In high school and college, I was used to getting feedback on my work from instructors. As an entrepreneur, there was suddenly zero compulsory feedback. In the professional world, there is no forced review process where your work is being considered. For people to even consider saying yes or no to my business, I had to actively tell them about what I was doing. I had to learn to reach out to people, show up at events and outwardly advance my own goals.

No matter how old you are or how much of your career is ahead of you, the important thing to remember is that it’s okay to have questions. It’s okay to not know how to do everything. The key is to never hesitate to raise your hand, let your work be seen, and be willing to unlearn ideas that are no longer serving you.

Entrepreneur

MultiChoice Nigeria has announced a price increase for its DStv and GOtv subscription packages, effective March 1. This adjustment comes approximately one year after the company's previous rate hike.

The company notified customers via email on Monday, citing "prevalent economic factors leading to increased operational costs" as the reason for the price adjustment.

"We understand the impact this change may have on our valued partners, and we have only taken this step after careful consideration and in-depth analysis," MultiChoice stated. The company affirmed its commitment to "delivering high quality content and unparalleled service" to viewers across Nigeria.

New Pricing Structure

DStv Packages:

- Premium: ₦44,500 (previously ₦37,000)

- Compact+: ₦30,000 (previously ₦25,000)

- Compact: ₦19,000 (previously ₦17,000)

- Confam: ₦11,000 (previously ₦9,300)

- Yanga: ₦6,000 (previously ₦5,100)

- Padi: ₦4,000 (previously ₦3,600)

GOtv Packages:

- Supa+: ₦16,800 (previously ₦15,700)

- Supa: ₦11,400 (previously ₦9,600)

- Max: ₦8,500 (previously ₦7,200)

- Jolli: ₦5,800 (previously ₦4,850)

- Jinja: ₦3,900 (previously ₦3,300)

- Smallie: ₦1,900 (previously ₦1,575)

The Nigeria Customs Service (NCS) has retracted its earlier announcement regarding the implementation of a 4% Free on Board (FOB) import charge. The agency has called on stakeholders to update their declarations to facilitate the smooth clearance of goods.

In a statement issued by the National Public Relations Officer, Assistant Comptroller of Customs Abdullahi Maiwada, on behalf of the Comptroller-General of Customs, the NCS explained that the decision was made to ensure operational clarity, maintain consistency, and avoid potential disruptions in the clearance process.

The statement urged all affected parties to promptly revise their entries using the designated customs processing platforms. "The NCS has implemented measures to ensure a seamless transition. Customs commands across the country have been instructed to provide necessary assistance and clarification to importers and agents who may require support during this period," the statement added.

West Bank Palestinians fear Gaza-style clearance as Israel squeezes Jenin camp

Israeli bulldozers have demolished large areas of the now virtually empty Jenin refugee camp and appear to be carving wide roadways through its once-crowded warren of alleyways, echoing tactics already employed in Gaza as troops prepare for a long-term stay.

At least 40,000 Palestinians have left their homes in Jenin and the nearby city of Tulkarm in the northern West Bank since Israel began its operation just a day after reaching a ceasefire agreement in Gaza after 15 months of war.

"Jenin is a repeat of what happened in Jabalia," said Basheer Matahen, spokesperson for the Jenin municipality, referring to the refugee camp in northern Gaza that was cleared out by the Israeli army after weeks of bitter fighting. "The camp has become uninhabitable."

He said at least 12 bulldozers were at work demolishing houses and infrastructure in the camp, once a crowded township that housed descendants of Palestinians who fled their homes or were driven out in the 1948 war in what Palestinians call the 'Nakba' or catastrophe at the start of the state of Israel.

He said army engineering teams could be seen making preparations for a long-term stay, bringing water tanks and generators to a special area of almost one acre in size.

No comment was immediately available from the Israeli military but on Sunday, Defence Minister Israel Katz ordered troops to prepare for "a prolonged stay", saying the camps had been cleared "for the coming year" and residents would not be allowed to return.

The month-long operation in the northern West Bank has been one of the biggest seen since the Second Intifada uprising by Palestinians more than 20 years ago, involving several brigades of Israeli troops backed by drones, helicopters, and, for the first time in decades, heavy battle tanks.

"There is a broad and ongoing evacuation of population, mainly in the two refugee camps, Nur Shams, near to Tulkarm and Jenin," said Michael Milshtein, a former military intelligence official who heads the Palestinian Studies Forum at the Moshe Dayan Center for Middle Eastern and African Studies.

"I don't know what the broad strategy is but there's no doubt at all that we didn't see such a step in the past."

Israel launched the operation, saying it intended to take on Iranian-backed militant groups including Hamas and Islamic Jihad that have been firmly implanted in the refugee camps for decades, despite repeated Israeli attempts to root them out.

But as the weeks have gone on, Palestinians have said the real intention appears to be a large scale, permanent displacement of the population by destroying homes and making it impossible for them to stay.

"Israel wants to erase the camps and the memory of the camps, morally and financially, they want to erase the name of refugees from the memory of the people," said 85-year-old Hassan al-Katib, who lived in the Jenin camp with 20 children and grandchildren before abandoning his house and all his possessions during the Israeli operation.

Already, Israel has campaigned to undermine UNWRA, the main Palestinian relief agency, banning it from its former headquarters in East Jerusalem and ordering it to stop operations in Jenin.

"We don't know what is the intention of the state of Israel. We know there's a lot of displacement out of the camps," said UNRWA spokesperson Juliette Touma, adding that refugees enjoyed protected status regardless of their physical location.

'MILITARY OPERATION'

The camps, permanent symbols of the unresolved status of 5.9 Palestinian refugees, have been a constant target for Israel which says the refugee issue has hindered any resolution of the decades-long conflict.

But it has always held back from clearing them permanently. On Monday, Israeli Foreign Minister Gideon Saar denied that the operation in the West Bank had any wider purpose than combating militant groups.

"It's military operations taking place there against terrorists, and no other objectives but that," he told reporters in Brussels where he met European Union officials in the EU-Israel Association Council.

But many Palestinians see an echo of U.S. President Donald Trump's call for Palestinians to be moved out of Gaza to make way for a U.S. property development project, a call that was endorsed by Prime Minister Benjamin Netanyahu's cabinet.

Nabil Abu Rudeineh, spokesperson for Palestinian President Mahmoud Abbas, said the operation in the northern West Bank appeared to be repeating tactics used in the Gaza, where Israeli troops systematically displaced thousands of Palestinians as they moved through the enclave.

"We demand that the U.S. administration force the occupation state to immediately stop the aggression it is waging on the cities of the West Bank," he said.

Israeli hardliners inside and outside the government have called repeatedly for Israel to annex the West Bank, a kidney-shaped area around 100 kilometres long that Palestinians see as the core of a future independent state, along with Gaza.

But pressure has been tempered by fears that outright annexation could sink prospects of building economic and security ties with Arab states, including Saudi Arabia, and face a veto by Israel's main ally, the United States.

However, hardliners have been heartened by the large number of strongly pro-Israel figures in the new U.S. administration and by Trump himself, who said earlier this month that he would announce his position on the West Bank within weeks.

Reuters