German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
As Nigeria's digital economy expands, data centers face severe power challenges. Innovative solutions from space technology could provide the reliable electricity needed to sustain growth.
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
Nigeria's leading labour and employer groups issue urgent warning to government over harsh economic policies that could trigger massive job cuts and business closures nationwide.
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
Discover the complex reality behind Nigeria's economic status - a nation blessed with abundant natural resources yet struggling with widespread poverty and development challenges.
Political tension escalates in Osun State as PDP and APC trade accusations over internal party crisis ahead of 2026 governorship election. Get the latest on the brewing political storm.
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Nigerians face mounting anxiety as depot owners implement sharp petrol price increases, with costs reaching N889 per litre amid distribution challenges and economic uncertainty.
Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.
Historic initiative connects African and Caribbean nations to unlock $1.5 trillion blue economy potential through sustainable ocean investment and climate-resilient projects.
South Korea faces a shocking demographic crisis as its population rapidly ages and loneliness epidemic creates booming death industry. Discover how funeral services are thriving while traditional family structures collapse.
Critical food assistance for millions of vulnerable Nigerians faces imminent collapse due to government shutdown, putting lives at risk and threatening national food security.
Shocking new data projects over 34 million Nigerians will experience acute food insecurity in the coming years. Discover the driving factors and urgent solutions needed to prevent this looming catastrophe.
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
Disturbing reports reveal escalating violence across Nigeria, with communities facing brutal attacks and mass displacement while government response remains inadequate.
Discover the shocking truth behind Nigeria's struggling railway system - from rampant vandalism to maintenance failures that threaten the country's economic growth and transportation future.
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.