Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Category : Search result: economic impact
Anambra Communities Lament Destructive Sand Dredging
Aguleri communities in Anambra East decry sand dredgers' destructive activities near Agbanabo Ezu na Omambala riverbank, lamenting the absence of an Environmental Impact Assessment (EIA).
Nike Shares Slump After China Sales Drop 17%
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
US Tightens Visa Rules for Nigerians: What You Must Know
New US travel restrictions from Jan 1, 2026, will limit Nigerian business, tourist & student visas. Learn the consequences and strategic responses needed.
Trump Tariffs Hit Canadian Snowplow Exporter Hard
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
West Bank's 'White Gold' Quarries Struggle Amid Economic Woes
Despite severe economic crisis and Israeli restrictions, Jerusalem stone quarries in the West Bank remain a vital lifeline, employing thousands and facing an uncertain future. Discover the resilience and challenges.
Lagos to Deepen Evidence-Based Planning for 2026 Budget
Lagos State government reaffirms commitment to data-driven budgeting and economic planning to unlock emerging sectors for a resilient and prosperous economy. Learn about the key strategies.
NASFAT inaugurates Iba branch, tasks leaders on impactful da'wah
The Nasrul-Lahi-L-Fatih Society (NASFAT) has officially opened its Iba branch, bringing its global network to 215. Leaders urged the new executives to drive community excellence and sustainable empowerment.
3 Nigerian Teens Win Grant for Community Impact
Three Nigerian teenagers secure $1,989 U.S. grant for transformative community projects in Ogun & Abuja, tackling waste, literacy, and farming. See their inspiring work!
NGO Presents Scorecard for Adolescent Sexual Health in Nigeria
Hacey NGO presents a new scorecard framework to track adolescent sexual health progress in Nigeria, highlighting key interventions and calling for increased government commitment.
Nigerian Teens Win U.S. Grant for Community Impact
Three Nigerian teenagers secured a $1,989 U.S. grant to execute transformative projects in education, environment, and agriculture. See how youth are driving change.
3 Nigerian Teens Win U.S. Grants for Community Impact
Three Nigerian teenagers secured $1,989 in U.S. grants for community projects in Ogun & Abuja, tackling waste, literacy, and farming. See their inspiring work.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
OPay Clinches SERAS 2025 Social Impact Award
OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.
OECD Raises 2025 Growth Forecasts for US, Eurozone
The OECD says the world economy has been 'surprisingly resilient,' raising its 2025 growth estimates for the US and eurozone. Discover the key drivers and potential risks, including AI valuation concerns.
Japan's Oyster Crisis: 90% Die as Seas Warm
Massive oyster deaths in Japan's top farming region linked to rising sea temperatures from climate change. 90% losses reported, threatening exports. Read the full report.
Child molester jailed for 3.5 years for sexual abuse
A child molester who claimed police and jury were hypnotised is jailed for 3.5 years for sexually abusing a teenage girl. Read the victim's powerful impact statement.
How Location Shapes Nigerian Property Values
Location remains Nigeria's top property value driver, with premium areas commanding 10x higher prices. Experts explain how infrastructure, security, and proximity shape investment decisions.
Canada PM Faces Climate Backlash Over Oil Pipeline
Canadian PM Mark Carney faces criticism for climate policy shift, backing oil pipeline & gas projects. Explore the political and environmental implications.
Nigeria Loses 60% of Radiographers to Abroad
A medical brain drain crisis hits Nigeria as over 60% of locally-trained radiographers now practice in Europe. Experts warn of strained health systems and call for urgent reforms.
Climate Change Puts Spain's Economic Growth at Risk
The OECD reports that climate disasters like deadly floods increasingly threaten Spain's dynamic economy. Learn how extreme weather impacts growth and what reforms are needed.
Former Canadian Cop Pleads Guilty to Database Abuse
Former Regina police sergeant Robert Semenchuck admits using law enforcement databases to pursue relationships with dozens of women. Sentencing set for January 23.
Japan businesses shrug off China travel warning impact
Japanese tourism businesses remain optimistic despite China's travel advisory. While some hotels see cancellations, retailers report minimal impact as local customers fill the gap.
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.
Nigeria's Economic Crisis: 13 Problems & Solutions
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
Experts Chart Path to Impact-Driven Leadership in Nigeria
Nigerian leaders gathered at Lagos conference to discuss strategic positioning, capacity building for sustainable development and global relevance. Discover key insights for nation-building.
Group Condemns NAFDAC's Sachet Alcohol Ban
Civil society group Stand Up Nigeria condemns NAFDAC's ban on sachet alcohol, warning of 500,000 job losses and ₦1.9 trillion economic damage. Read the full details.
World's Largest Walnut Forest Thins Away in Kyrgyzstan
The world's largest wild walnut forest in Kyrgyzstan is thinning due to climate change, illegal logging, and overgrazing, threatening a vital economic lifeline for local communities.
World Wine Output to See Modest 2025 Recovery
Global wine production is projected for a modest 3% recovery in 2025, yet remains below average due to climate change and shifting consumer habits. Get the full analysis.
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