Nigerian Firms Accumulate $54.5bn Private Foreign Debt-World Bank

World Bank, IMF Warn of Jobs Crisis

International Monetary Fund managing director Kristalina Georgieva and World Bank president Ajay Banga warned finance ministers in Bangkok on Monday, 12 October, that artificial intelligence will deepen the unemployment emergency across Nigeria and other developing nations unless governments build basic physical infrastructure and retrain their workforces. Cheap software easily replaces human workers. Speaking at their…

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Despair Drives 73% of Youths Toward Japa

Despair Drives 73% of Youths Toward Japa

Nearly three-quarters of young Nigerians want to leave their home country. Deepening unemployment, tight credit access, and vanishing economic prospects drive this growing desire to migrate. Findings from the latest Nigerian Youth Pulse Survey reveal an acute sense of despair among the nation’s young population. Presented in Abuja to mark International Youth Day, the report…

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