gdp

65m people were reportedly pushed into poverty after Nigeria’s GDP per capita fell 66% in 2024

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65m people were reportedly pushed into poverty after Nigeria’s GDP per capita fell 66% in 2024

Nigeria GDP Per Capita Plunges 66% Since 2014 Peak: Quartus Report Warns 65M Thrust Into Poverty Amid “Lost Decade” Nigeria’s economy hemorrhaged 66% in GDP per capita from its 2014 high, shoving 65 million into poverty by 2024, a scorching Quartus Economics report blasts—exposing oil crashes, naira collapse, and reform shocks in Africa’s giant. The … Read more

Euro-Area Economy Needs More ECB Stimulus, Centeno Tells Stampa

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Euro-Area Economy Needs More Ecb Stimulus, Centeno Tells Stampa

Mario Centeno, a European Central Bank (ECB) Governing Council member and outgoing Bank of Portugal governor, stated in a June 22, 2025, interview with Italy’s La Stampa that the euro-area economy remains weak and requires “further stimulus” from the ECB to achieve stable 2% inflation. Despite eight interest rate cuts in the past year, Centeno … Read more