Category : Search result: debt concerns Africa


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 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.

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.

Africa's $2.2T Energy Mobility Revolution

Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.

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.

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's Politics Shapes Trump Africa Policy

Recent developments reveal how Nigeria's domestic political landscape is significantly influencing Trump's administration approach to African relations and policy decisions.

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.

UEFA bans Liverpool-Real Madrid from Anfield

UEFA makes stunning decision to move Liverpool vs Real Madrid Champions League match from Anfield due to security concerns. Get all the details on this breaking football news.

Nigeria's Power Crisis: The AI Race Decider

As the global AI race intensifies, Nigeria's unreliable power supply threatens to leave the nation behind in the technological revolution. Discover how electricity is becoming the decisive factor in Africa's digital transformation.

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