Business
Nigeria, Pakistan To Sign Trade Protection Treaty, August
Nigeria and Pakistan are to sign a Trade and Investment Protection Treaty in August to further promote economic cooperation between both countries.
The Pakistani Ambassador to Nigeria, Mr Ahmed Sirohey, disclosed this to newsmen on Sunday in Abuja at the end of a three-day textile and jewellery exhibition organised by the embassy.
Sirohey said the treaty would be signed alongside other Memorandum of Understanding on cultural exchange, tourism promotion and visa relaxation policy for investment.
He also said that at the August meeting, the ministries of trade and commerce of both nations would establish a joint ministries commission to drive the economic partnership.
The ambassador, who put the current trade volume between Nigeria and Pakistan at 101 million dollars (N1.62 billion) said 74 million dollars represented Pakistani exports to Nigeria, while his country bought goods worth 27 million dollars in return.
According to him, the transaction was mainly in pharmaceuticals, textiles and auto parts from Pakistan, while Nigeria sold petrochemicals, oil palm and gum Arabic.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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