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

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 […]

August 27, 2025 23

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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. […]

July 31, 2025 29 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 […]

March 27, 2025 61

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 […]

February 25, 2025 51

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 […]

February 28, 2024 53

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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 […]

February 12, 2024 73 1

NEWS

Tinubu administration not responsible for economic hardship – Sanusi

Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President Bola Tinubu for the current economic hardship the country is facing. Sanusi said the country is battling a failing economy due to mismanaged economic policies of the past eight years. He stated this while speaking virtually on Sunday at a religious event in Abuja. He said he would not join […]

February 12, 2024 67

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