Category : Search result: economic restructuring


7 Proposed Nigerian States Scale 2nd Reading in 2025

In 2025, Nigeria's push for new states gained momentum as seven proposals, including Ibadan and Etiti, passed second reading. Explore the key bills and the drive for constitutional restructuring.

Telefonica Cuts 5,500 Jobs in Spain

Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.

Niger State Governor Sacks 30 Special Advisers

Niger State Governor Mohammed Umaru Bago has dismissed 30 special advisers. The move is part of a restructuring effort to enhance governance efficiency. Read the full details here.

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.

Foundation Rejects Middlebelt in Arewa Agenda

ASHE Foundation criticizes Middlebelt inclusion in Arewa, citing cultural annihilation threats. Calls for restructuring and state police to address indigenous concerns.

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 Needs New Political Structure to Succeed

Dr Olu Fasan advocates for parliamentary system and regional governance in Nigeria to address political and economic challenges. Learn why restructuring is crucial for national transformation.

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.

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

DSS dismisses 115 personnel in major shakeup

In a significant organizational restructuring, Nigeria's Department of State Services has terminated 115 staff members across various commands nationwide. Get exclusive details on this security sector reform.

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.

Fuel Price Surge: ₦200 Extra Per Litre in Nigeria

Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.

World Bank Confirms Nigeria's $1 Billion Loan Request

The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.

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