Category : Search result: African debt crisis


Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Guinean Artist Cam's Melodie Grows Music Influence

Guinean multidisciplinary artist Mohamed Camara, known as CAM'S MELODIE, is consolidating his presence in the evolving music scene as producer and performer. Discover his journey from dancer to beatmaker.

Tinubu: Fragmented African Markets Limit Prosperity

President Tinubu warns Africa's fragmented markets hinder industrial growth and global negotiation power. He reaffirms Nigeria's commitment to border modernization and AfCFTA success for continental trade.

Senate okays N1.15trn loan for 2025 budget deficit

The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.

Inverroche Gin x Afropolitan Podcast: Cultural Fusion

Discover how Inverroche Gin's groundbreaking collaboration with The Afropolitan Lifestyle Podcast is reshaping African storytelling while honoring cultural heritage through authentic conversations.

Obaseki Denies N600B Debt: 'Political Fiction'

Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

African Ports Must Unite for Blue Economy Growth

Nigerian Ports Authority MD Mohammed Dantsoho calls for enhanced cooperation among African ports to harness the continent's massive blue economy opportunities for sustainable growth.

Iru: Nigeria's Powerful Locust Beans Secret

Discover why Nigeria's traditional locust beans (iru) are gaining global attention for their incredible health benefits and unique umami flavor that transforms West African cuisine.

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

Nigeria Reaffirms African Peace and Security Leadership

Nigeria strengthens its position as Africa's peacekeeping powerhouse, committing to enhanced security collaboration and conflict resolution across the continent through strategic partnerships and military expertise.

Nigeria-China relations face major overhaul

Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.

Sudan Generals Agree to Trump-Mediated Ceasefire

After years of devastating conflict that claimed thousands of lives, Sudan's rival military factions have reached a groundbreaking ceasefire agreement with former US President Donald Trump's mediation. The three-month truce marks a significant breakthroug

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