Nigeria military kills scores of gang members in air and ground raids

The Nigerian air force has killed scores of gunmen, known locally as "bandits", who were members of criminal gangs operating in Zamfara state, the military has said.

The air force said in a statement on Monday that it carried out a raid in Makakkari forest, north-west Nigeria, which was the hideout of the gunmen who were believed to be behind some high-profile kidnappings in the area.

It said it conducted the operation after surveillance detected more than 400 gang members preparing to attack a village.

Over the past two weeks, armed gangs have targeted nearby settlements, killing scores and kidnapping many more. At least 13 security personnel have also been killed.

The aerial strikes, in coordination with attacks on the ground, led to the deaths of "several notorious bandit kingpins and scores of their foot soldiers," air force spokesperson Air Commodore Ehimen Ejodame said.

He added that the ground forces intercepted and killed others trying to flee the forest.

In parts of Nigeria, kidnapping for ransom has become a lucrative business for some.

The bandits, motivated by financial gain, have also increased their cooperation with jihadist groups that have been waging a 16-year armed insurgency in the north-east.

In recent years, the military has launched a number of operations against the gangs, including last month when at least 95 gang members were killed - but the violence has persisted.

By Chris Ewokor, BBC

Mars meteorite found in Niger, controversially sold in US

 

In November 2023, a rare rock from Mars was found in Niger. The rock was, however, controversially taken to the US, where it was auctioned and sold for $5.3 million.

There are no indications that the Nigerien government got any proceeds from the sale of the meteorite.

The Nigerien government has now launched an investigation into how the Martian meteorite was moved out of the country to New York.

The meteorite, called NWA 16788, was, in July, auctioned in the Sotheby’s auction house, one of the world’s largest and oldest auction houses, founded in 1744.

The rare rock weighs more than 24.6 kilograms and is considered to be the largest known rock from Mars ever found on Earth.

The sale happened during the auction house’s “Geek Week,” which showcases items linked to natural history, science, and space.

Before the auction, the rock had been displayed by a private gallery in Tuscany, Italy, and by the Italian Space Agency.

An Italian academic article published last year revealed that it was discovered in the Agadez region of northern Niger by a meteorite hunter. It is believed to have travelled about 140 million miles from Mars after an asteroid impact before landing in the Sahara.

Meteorites, often caused by fragments of asteroids or comets entering Earth’s atmosphere, can fall anywhere on the planet. However, the dry climate and minimal human activity in the Sahara have made the desert a prime spot for finding them.

Meteorite hunters and researchers often scour the desert, especially in parts of Africa like Morocco, Algeria, and Niger, searching for rocks that have fallen to Earth.

For the recently discovered rock, neither the buyer nor the seller has been identified, and little is known about the hunter who found it.

Nigerien officials, however, have begun questioning how the rock left the country to go under the hammer 5,000 miles away.

In a recent statement, the government said it doubts the legality of the rock’s export and raised concerns about the likelihood of illicit international trafficking.

It said the export bears “all the hallmarks of illicit international trafficking.”

The Nigerien authorities also announced that they have launched an official investigation into the circumstances of the rock’s discovery, export and sale.

Auction house denies allegation

Experts and international cultural watchdogs are also questioning the legality and ethics of the meteorite’s export.

Some of them are even calling for its immediate return.

A palaeontologist from the University of Edinburgh, Steve Brusatte, told CNN last month that, “It would be a shame if it disappeared into the vault of an oligarch.

“It belongs in a museum, where it can be studied, and where it can be enjoyed by children and families and the public at large.”

“It was discovered in Niger? How did it end up being sold in New York?” said Alia Baré, daughter of former Nigerien president Ibrahim Maïnassara, in an interview with Forbes Africa.

“This is a crucial matter of sovereignty. This is a national treasure that shouldn’t have been sold. Things have to change,” she added.

However, Sotheby’s has denied allegations that the rock might have been illegally transported to the US.

The auction house told the BBC that it complied with all international regulations.

“The NWA 16788 was exported from Niger and transported in line with all relevant international procedures,” it said.

“As with everything we sell, all relevant documentation was in order at each stage of its journey, in accordance with best practice and the requirements of the countries involved,” it added.

By Beloved John, Premium Times

Nigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator

Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana.

The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others. The investors are betting on the team’s ability to pair local market expertise with execution and turn a notoriously difficult sector into a profitable super app for food, groceries and essentials.

“We’re thrilled about this round as it brings us closer to our vision of becoming Africa’s number one super app,” CEO and co-founder Femi Aluko said. “This funding will supercharge our growth plans, enabling us to expand into more cities, reduce delivery times, scale our grocery footprint, and attract the best talent to drive innovation and customer satisfaction.”

Founded in October 2021 by Aluko, Olumide Ojo, and Lanre Yusuf, Chowdeck now operates in 11 cities across Nigeria and Ghana, serving 1.5 million customers with a network of more than 20,000 riders. Its logistics system averages 30 minutes per order, and in dense areas, more than half of deliveries arrive by bicycle.

While prominent players have exited or scaled back their African operations, Chowdeck has leaned into the complexity of local markets—delivering local meals, an operationally harder challenge—to build trust with customers.

In 2024, the value of meals delivered through Chowdeck grew more than sixfold from the previous year. This year, the company says it passed its 2024 total before July.

The new funding will help Chowdeck roll out quick commerce, ultra-fast delivery backed by a network of dark stores and hyperlocal logistics hubs. The company plans to open 40 dark stores by the end of this year and 500 by the end of 2026, with two to three new stores launching each week. Chowdeck raised a $2.5 million seed round last year.

Food delivery is a crowded business globally, but when done well, it has led to some other big companies like DoorDash.

Quick commerce, on the other hand, has been a capital-intensive gamble in most markets. In Europe, Gorillas and Getir burned through hundreds of millions of dollars before retreating or consolidating. In India, platforms like Blinkit, Zepto and Swiggy have had varying levels of success with the model when it comes to profitability.

Chowdeck has been profitable since before this raise and Aluko says the company doesn’t enter cities or verticals without planning to break even within a couple of weeks.

For instance, the food delivery platform entered neighbouring Ghana this May. Within three months, it was handling 1,000 daily orders without paid advertising, which, according to Aluko, came from pent-up demand for a service that delivers local favorites alongside international cuisines. The company aims to quintuple that volume to 5,000 daily orders by the end of September 2025.

Aluko says Chowdeck plans to apply the same playbook to dark stores, which will complement its restaurant and grocery delivery operations.

Another vertical complementing these operations will be software. This June, the YC-backed startup acquired Mira, a point-of-sale provider for African food and hospitality businesses. Mira’s tools manage inventory and orders in real time; now, it will help Chowdeck optimize its operations, positioning the company as a vertical SaaS-plus-logistics provider for restaurants.

Chowdeck’s raise is a win for local players in the sector, after Jumia’s exit left market share to foreign brands such as Glovo, Bolt Food, and Yango. Yet, some of these companies have also withdrawn from certain markets, including Nigeria and Ghana, which Chowdeck is now targeting aggressively.

Super apps such as Gozem, YC-backed Yassir, and MNT-Halan are other local companies offering food delivery services in other African markets.

“The market is still very early,” Aluko said. “Customer behavior is shifting online for the first time. A whole generation is growing up ordering food without ever having walked into some of the restaurants or markets on our platform.”

For lead investor Novastar Ventures, the bet is on execution and local insight. “Chowdeck is building the future of logistics for African cities,” said partner Brian Waswani Odhiambo. “With deep local insight, a sustainability-first approach, and impressive execution, it is redefining last-mile delivery on the continent.”

TechCrunch

Video - Nigerian official lauds growing partnership with China

Joseph Tegbe, Director General of the Nigeria-China Strategic Partnership, says Nigeria is already seeing the benefits of its deepening relationship with China, especially in agriculture and steel. He revealed that Chinese enterprises have committed to invest over $20 billion in key sectors.

CGTN Africa

Nigeria’s palm oil revival: Quiet success, deeper reform needed

In a country where policy reversals and implementation lapses often stifle industrial growth, Nigeria’s palm oil sector stands out as a case of quiet, compounding progress. Thanks to a mix of incentives under the Agricultural Transformation Agenda (ATA) initiated in 2011 and continued under successive administrations, the palm oil industry has seen a renaissance led by the private sector and midwifed by a relatively coherent industrial policy.

Yet, even as Nigeria’s palm oil imports from Malaysia and Indonesia dropped by over 25 percent in value in 2024, according to trade data, the road to self-sufficiency and global competitiveness remains long and fraught with structural, environmental, and institutional challenges.

The seeds of Nigeria’s palm oil revival were sown during Goodluck Jonathan’s presidency, under the stewardship of Akinwumi Adesina, then Minister of Agriculture and now President of the African Development Bank. The strategy was classic developmental economics: offer tax holidays, access to subsidised capital, protective tariffs, and land acquisition support to attract firms into backward integration, particularly into refining and plantation development.

This was not just industrial policy on paper. It attracted real capital. Firms like PZ Wilmar, Okomu, Presco, Dufil Prima Foods, and Agri Palm Limited collectively invested billions of naira into large-scale plantations across Cross River and Edo States. Some of these projects now span tens of thousands of hectares, producing palm oil for food, cosmetics, and increasingly, biofuels and aviation fuel.

According to the Food and Agriculture Organisation (FAO), Nigeria’s oil palm fruit production rose from 10 million metric tonnes in 2019 to 11.6 million in 2023, a 16 percent jump. Meanwhile, palm oil imports continue to decline, offering modest relief to the country’s volatile foreign exchange reserves.

For once, Nigeria appears to have gotten the basics of industrial policy right: pick a sector where the country has a latent comparative advantage, create the right incentives for capital inflows, and stick with the policy long enough for results to materialise. That alone is worth commending.

But celebration must not blind us to the deeper questions, many of which remain unresolved.

First, there are ecological and social concerns about the aggressive expansion of monoculture plantations. While state governments have helped investors secure land, there is little public scrutiny around issues of land tenure, displacement of rural communities, or biodiversity loss. As global investors tighten their ESG (environmental, social, and governance) criteria, Nigeria cannot afford to ignore these risks. The palm oil boom must not become another tale of growth at the expense of livelihoods or the environment.

Second, while demand from fast-moving consumer goods (FMCG) firms has driven domestic production, it is unclear how resilient this model is without continuous government support. Many of these investors enjoy import quotas, cheap financing via NIRSAL and the Commercial Agriculture Credit Scheme, and duty waivers on equipment. Should the fiscal space tighten further or these incentives be removed, will the sector remain viable or will investors pivot elsewhere?

Third, there is little evidence of value chain deepening beyond plantation and refining. Nigeria still lags in downstream applications, R&D, and global branding. The absence of significant investment in processing, packaging, or international marketing means the country is yet to tap the full economic value of its palm oil revival. Compare this to Malaysia or Indonesia, where palm oil is part of an integrated export-industrial complex with strong linkages to chemical, energy, and food sectors.

Finally, the regulatory environment remains underdeveloped. The absence of a robust monitoring framework for land use, sustainability compliance, and local content obligations could erode both investor confidence and social licence over time.

Despite these gaps, Nigeria’s palm oil story offers valuable lessons. It demonstrates that when incentives align with sector potential, the private sector can respond with capital and expertise. It also shows that some level of protectionism, when targeted, temporary, and transparent, can spur domestic capability in key sectors.

But the work is far from over. To turn this policy success into a lasting economic transformation, Nigeria must broaden its focus: from hectares to human capital, from plantations to processing, and from incentives to institutional resilience.

It must also navigate a shifting global landscape where sustainability is no longer optional. As the EU tightens rules on deforestation-linked imports and investors prioritise ESG metrics, Nigeria must show that its palm oil is not just locally sourced but also ethically produced.

Industrial policy is not just about growth; it is about balancing efficiency, equity, and ecology. Nigeria has taken a promising first step. But the real test will be whether the country can build an inclusive, export-oriented palm oil sector that can compete, not just survive, in a warming, more protectionist world.

Business Day