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 8

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 43

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 56 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 55

Call us +234 (0) 9073530044

economic