Nigeria’s Vice-President Kashim Shettima has hailed a “quiet revolution” taking place in Nigeria’s economy under President Bola Tinubu, as Abuja hosted the Nigeria–Brazil Business Forum on Wednesday, bringing both nations closer in pursuit of shared economic goals. The event, themed “Roots to Revenue: The Nigeria–Brazil Corridor,” spotlighted the opportunities for expanded South-South cooperation between the…
George Onafowokan, Managing Director of Coleman Wires and Cables, has praised the economic policies of President Bola Tinubu, describing them as bold corrective measures that have started to reposition Nigeria’s economy on a sustainable growth trajectory. In remarks released on Sunday, Onafowokan acknowledged that the past year had been particularly challenging for the private sector….
Dayo Ayeni, the Founder, CareerXpress, a digital marketing outsourcing portal, says that the recent layoffs by some tech giants globally are not solely because of Artificial Intelligence (AI), but largely due to economic shift. Ayeni said this during an interview with the News Agency of Nigeria (NAN) in Lagos on Monday. He explained that most…
The Federal Government says significantly reducing or completely eradicating malaria in Nigeria can lead to a major boost in economic growth. Dr Aminu Umar, Special Assistant to the National Coordinator of the National Malaria Elimination Programme (NMEP), said this during an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. NAN quotes…
Nigeria and the U.S. have expressed commitment to strengthening bilateral cooperation between them through various economic sectors. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, disclosed this in a statement by Alkasim Abdulkadir, his Special Assistant on Media and Communications Strategy, on Monday in Abuja. Tuggar disclosed that the commitment is the outcome of an…
West African Micro, Small and Medium Entrepreneurs (MSMEs) under the aegis of ECOWAS Small Business Coalition (ESBC) have pledged to boost their businesses and achieve ECOWAS economic growth goals through collaboration. ESBC Presidents from member states, alongside other stakeholders and participants, made this known in separate interviews with the News Agency of Nigeria (NAN) on…
The Bishop of the Lutheran Church of Christ in Nigeria (LCCN), Rev. Nelson Malau, on Tuesday urged the Federal Government to sustain the current economic policies that have led to reduction in petrol and food prices across the country. Malau, spoke with the News Agency of Nigeria (NAN), on the sidelines of LCCN’s Annual National…
The Federal Government has partnered with the Republic of Kazakhstan to strengthen and enhance trade and investment of both countries for economic growth. Amb. Nura Rimi, Permanent Secretary, Ministry of Industry, Trade and Investment, said that the partnership would unlock huge amount of money in the trade and investment sector. Rimi made the remarks while…
The International Monetary Fund (IMF) has approved the disbursement of 10 million dollars to Somalia to boost the country’s economic reforms. IMF in a statement said that the latest funding “brings Somalia’s total disbursement under the current programme, originally approved in Dec. 2023, to 60 million dollars.’’ Bo Li, the IMF’s Deputy Managing Director, said…
The African Development Bank (AfDB), has called for urgent structural reforms to tackle Africa’s deepening economic challenges that include currency depreciation, rising inflation and an escalating import bill. Its Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria (NAN) that global and local factors contribute to the continent’s…
