Category : Search result: economic losses


US Jobless Rate Climbs to 4.6%, Highest in Four Years

US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.

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.

Nigeria Loses $10bn Yearly to Post-Harvest Waste

Nigeria loses up to $10 billion annually from post-harvest losses, threatening food security and economic growth. Agritech CEO Segun Alabi calls for urgent action on storage and logistics.

Nigeria loses $10b annually to post-harvest waste

Nigeria loses an estimated $10 billion yearly due to post-harvest losses, threatening food security. Expert Segun Alabi calls for urgent action on storage, processing, and turning waste into wealth.

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.

34.7 Million Nigerians Projected Food Insecure by 2026

A new report reveals 34.7 million Nigerians across 27 states will face food insecurity between June and August 2026. Farmers incur massive losses despite government interventions, threatening future food production.

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.

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.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

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