Category : Search result: economic contraction


Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

Swiss economy contracts 0.5% from US tariffs

Switzerland's economy contracted by 0.5% in Q3 2025 due to high US tariffs, but recent deal lowers rates to 15% and brings $200 billion investment. Read the full analysis.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

Osinbajo: Stop Celebrating Worthless GDP Figures

Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.

Ondo State Set for Multiple Refinery Projects

Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.

BRIPAN Reforms Nigeria's Insolvency Practice Nationwide

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re

Lagos Seeks Chinese Investment in Major Economic Push

Lagos State Governor Babajide Sanwo-Olu reveals ambitious plans to strengthen economic ties with China, offering lucrative investment opportunities in infrastructure, technology, and manufacturing sectors.

Trump Tariff Threat Shakes Nigeria-US Trade Relations

Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian economy.

German Factory Orders Decline in June 2024

Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.

Nigerians Maintain Faith in President Tinubu

Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.

Court Denies Mompha's No-Case Submission in ₦6B Case

Instagram celebrity Ismaila Mustapha, known as Mompha, faces full trial as Federal High Court dismisses his no-case submission in massive ₦6 billion money laundering case. EFCC presents compelling evidence.

Nigeria's Senate Under Fire Amid National Crisis

As Nigeria faces mounting security and economic challenges, serious questions emerge about the Senate's effectiveness and commitment to solving the nation's most pressing problems.

NLC: Democracy Failing as Election Prices Soar

Nigeria Labour Congress raises urgent concerns about the deteriorating state of democracy and economic hardship facing citizens during election periods as basic commodity prices surge uncontrollably.

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