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NEWS

APC Chairman Warns Politicians Against Sabotaging Tinubu’s Northern Economic Agenda

By Zainab Uzomah| Abuja The National Chairman of the All Progressives Congress, Professor Nentawe Yilwatda, has warned against attempts to derail what he described as President Bola Ahmed Tinubu’s economic renewal agenda for Northern Nigeria, insisting that the administration’s investments are designed to transform the region into a major economic hub in Africa. In a statement signed by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said […]

todayMay 7, 2026 19

NEWS

Nigeria Calls on EU to Invest in Special Economic Zones to Boost Trade and Industrialisation

By Zainab Uzomah|Abuja Nigeria has urged the European Union (EU) to increase investment in its Special Economic Zones (SEZs) as part of efforts to deepen trade, drive industrial growth, and foster regional economic prosperity. Dr Olufemi Ogunyemi, Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), made the appeal on Monday during a trade and investment facilitation meeting at the European House in Abuja. According to a statement signed […]

todayFebruary 11, 2026 27

NEWS

Minister of Information Applauds CAC’S Contribution to Economic Growth

By Toffa Momoh | Abuja The Corporate Affairs Commission (CAC) has been applauded for playing a significant role in the growth of the Nigerian economy in the last 35 years. The Minister of Information and National Orientation, Mohammed Idris, gave the commendation in Abuja when he received the Registrar-General and Chief Executive Officer, CAC Hussaini Ishaq Magaji, SAN in his office. The minister noted with delight that registering a company […]

todayFebruary 9, 2026 14

NEWS

EFCC, FRSC Team Up to Halt Economic Sabotage; Road Traffic Crashes

By Toffa Momoh, Abuja In another landmark shift in inter agency collaboration, the Federal Road Safety Corps (FRSC) and the Economic and Financial Crimes Commission (EFCC) have sealed a strategic alliance to stamp out economic sabotage and confront the devastating scourge of road traffic crashes (RTCs) threatening lives and draining Nigeria’s economy. Speaking during the strategic engagement, the Executive Chairman of the Commission, Ola Olukoyede, emphasised that the two organisations […]

todayAugust 27, 2025 34

NEWS

EFCC, NAFDAC Join Forces Against Economic Sabotage

By Toffa Momoh, Abuja The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has reiterated the Commission’s resolve to work with the National Agency For Food, Drugs Administration and Control, NAFDAC, to fight economic sabotage and ensure compliance in the health sector. Olukoyede gave the assurance in Abuja when the Director General of NAFDAC, Professor Mojisola Adeyeye paid him a courtesy visit at the EFCC's headquarters. […]

todayJuly 31, 2025 36 1

NEWS

Trump’s 25% car tariffs threaten U.S, Japan economic relations

Japan’s government warned Thursday of a “significant impact” on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars. Tokyo is one of Washington’s closest economic and strategic allies, with its firms the biggest investors in the United States and one in 10 Japanese jobs tied to the auto sector. Trump announced on Wednesday 25 percent tariffs “on all cars […]

todayMarch 27, 2025 71

NEWS

Nigeria, Belgium to strengthen economic cooperation

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced on Tuesday that Nigeria and Belgium are set to strengthen economic cooperation to bolster food security. The Director of Information and Public Relations at the Ministry of Finance, Mr Mohammed Manga, disclosed this in a statement he signed and released in Abuja. According to the ministry’s Director of Information, the minister and the Belgian Ambassador, Mr Pieter Leenknegt, held […]

todayFebruary 25, 2025 56

BUSINESS

Harsh economic policies worsening unemployment, OPS tells govt

Members of the organised private sector have stated that harsh economic policies from the government have exacerbated country’s unemployment rate. In separate chat with The PUNCH, they warned that if the poor economic policies are not quickly addressed, more businesses would fold up and it would worsen the country’s unemployment. The President of the Nigeria Employers’ Consultative Association, Adewale-Smatt Oyerinde, warned that the repercussions of inadequate economic policies and a hostile […]

todayFebruary 28, 2024 65

BUSINESS

Nigeria facing worsening economic crisis, says IMF

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The report came amid rising inflation, exchange crisis, weak economic growth and business shutdowns. The global lender said this in a new report titled ‘IMF Executive Board Concludes Post Financing Assessment with Nigeria.’ According to the report, low revenue collection has hampered the provision of services and public […]

todayFebruary 12, 2024 82 1

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