Northern Group Urges Joint Action to Tackle Worsening Insecurity in the North

By Zainab Uzomah The Northern Reconciliation Group (NRG) has raised alarm over the escalating wave of violent attacks, kidnappings and banditry across several states in Northern Nigeria, warning that many rural and semi-urban communities are living under constant threat.In a statement signed by its pro tempore secretary, Dr Joseph Lengmang, and pro tempore spokesperson, Professor Usman Yusuf, the group expressed solidarity with victims of repeated violence, saying the loss of […]

January 28, 2026 18

BUSINESS

Govt palliative worsening food inflation, says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The […]

May 3, 2024 27

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 64

1

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 82 1

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Govt palliative worsening food inflation, says Cardoso

Harsh economic policies worsening unemployment, OPS tells govt

Nigeria facing worsening economic crisis, says IMF

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