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.
Category : Economy
Bread Prices Remain High Despite Cheaper Flour in Nigeria
Nigerian families face ongoing hardship as bread prices refuse to fall despite significant drops in flour costs. Bakers blame high electricity, diesel and other ingredient expenses.
Food Prices Drop: Beans, Garri, Maize Get Cheaper
NBS reports significant price drops for beans, garri, maize, and tomatoes in September 2025. Discover state-by-state variations and mixed trends for rice and beef.
EU Lawmakers Seek Easier Suspension of Shopping Platforms
EU lawmakers call for easier suspension of e-commerce platforms like Shein following outrage in France over the sale of childlike sex dolls. A court will hear the case on December 5.
ECB Warns on AI Bubble and Eurozone Debt Risks
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
IMF Urges Germany to Enact Pro-Growth Reforms
The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.
Economic Triangle Proposed for S/South, S/East States
My-ACE China urges Rivers, Akwa Ibom, and Abia governors to create an economic corridor that could rival Lagos. The proposed triangle would leverage ports, fabrication capacity, and blue economy potential.
China to Bid for Panama Canal Ports Construction
China plans to bid for building two new ports on the Panama Canal despite US concerns. The $8.5 billion project includes ports, gas pipeline and reservoir. Read more.
China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
UK Labour Government Announces Tax-Raising Budget
Britain's Labour government reveals tax-increasing budget to address £20 billion deficit, rising inflation and economic stagnation. Learn how this affects public services and households.
Africa's $163bn Debt Crisis Needs EU Action
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
NBS Reports Significant Drop in Nigerian Food Prices
NBS data reveals a welcome decline in prices of beans, garri, and maize in Nigeria for September 2025. Discover the latest food price trends and regional variations.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
5 Govt Loans & Grants for Nigerians Under Tinubu
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
EU to challenge China's rare earths dominance
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
Chinese mining CEO arrested in Kyrgyzstan
Kyrgyz authorities detain Chinese CEO of gold mining firm accused of major environmental damage amid growing anti-China sentiment. Read full details.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Nigeria's Care Economy: 300M Jobs Opportunity
Nigeria urged to institutionalize care economy policy to tap into 300 million global jobs, boost productivity and address gender inequality in care work sector.
UK Budget 2025: Energy Bill Relief Hope for Businesses
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
Africa's Private Wealth Drain: Experts Demand Local Solutions
African experts warn about the continent's growing private wealth outflow to offshore centers. Learn how True Family Offices can keep capital circulating locally to fund development.
Tinubu: 1,000 Businesses Planned for Every Ward
President Bola Tinubu announces a plan to establish 1,000 active businesses in each of Nigeria's 8,809 wards to stimulate grassroots economic growth, job creation, and skills acquisition.
Workshop Aims to Solve Mining Finance Challenges
ORDF and SMDF will host a workshop on Dec 9, 2025 in Abuja to address mining sector funding gaps and develop a sustainable finance framework for Nigeria's economic growth.
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Mining Sector Can Boost Nigeria's Economy - Malami
ORDF Chairman Uba Saidu Malami says Nigeria's mining sector holds immense economic potential if funding and data transparency gaps are addressed. Workshop scheduled for December 9 in Abuja.
German Business Confidence Falls in November 2025
German business sentiment declines to 88.1 points as companies lose faith in government reforms. Manufacturing and construction sectors hit hardest amid economic concerns.
UK Labour's 2025 Budget Tests Credibility
Britain's Labour government unveils its annual budget with expected tax rises to curb debt, facing political and economic challenges. Read more for full analysis.
Lagos-Calabar Highway Section Opens December 2025
Federal Government confirms the first 47km of Lagos-Calabar coastal highway will open to motorists between December 12-17, 2025. Get the latest updates on this transformative infrastructure project.
Belgium's 3-Day National Strike Over Austerity
Belgium faces major disruptions as unions launch a three-day national strike protesting government spending cuts and labour reforms. Schools, transport, and airports will be severely affected.
FG Tasks Quantity Surveyors on Infrastructure Cost Control
Federal Government charges quantity surveyors to eliminate project wastage and inflated costs through strict cost management and value optimization in national infrastructure delivery.
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