Africa's $90B Debt Crisis Blocks Climate Action
African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.
Category : Search result: Union Bank debt
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Frank: Release Guinea-Bissau Election Results Now
Timi Frank condemns alleged staged coup in Guinea-Bissau, demands immediate release of opposition leader Pereira and full election results declaration. International pressure urged.
Kenya: Economic Crisis & Political Unrest Deepen
Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?
AU suspends Guinea-Bissau after military coup
African Union suspends Guinea-Bissau following military takeover that ousted President Umaro Sissoco Embalo. ECOWAS and UN condemn the coup as democratic principles violated.
Guinea-Bissau Coup: Junta Appoints PM Amid Condemnation
Guinea-Bissau's new military leader appoints a prime minister as the AU and ECOWAS suspend the nation following the latest coup. Get the full story on the power grab and international reaction.
Celebrating Spouses of Nigeria's Labour Leaders
Discover the untold stories of labour leaders' spouses - the silent heroes supporting Nigeria's workers' rights movement through sacrifice and resilience.
AU, ECOWAS condemn Guinea-Bissau military coup
African Union and ECOWAS missions denounce Guinea-Bissau military coup that disrupted election results. Regional bodies urge constitutional order restoration and official releases.
Zamfara Settles N67m Debt for 436 Freed Inmates
Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.
Frank condemns Guinea-Bissau coup, blames African leaders
Timi Frank condemns the Guinea-Bissau coup as a symptom of Africa's democratic failures. He urges AU action and a swift return to civil rule. Read his full analysis.
ECOWAS, AU condemn military takeover in Guinea-Bissau
West African leaders condemn military coup in Guinea-Bissau following contested elections. Regional bodies demand restoration of constitutional order and release of officials.
Nigerian Couple's $88,000 Wedding Loan Costs $158,924
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
G20 Urged: Africa's Debt Crisis Blocks Climate Action
Former Ethiopian PM warns G20: Africa spends $90B on debt servicing while climate finance falls short. Debt relief essential for global climate security. Read more.
Contractors Appeal to Tinubu Over FG Debt Since 2024
Nigerian contractors under ANC appeal to President Tinubu for payment of debts owed since January 2024. They face financial crisis ahead of Christmas due to heavy bank interests.
Galatasaray's UCL Woes Without Osimhen Revealed
Galatasaray's 1-0 loss to Royal USG highlights Victor Osimhen's crucial role. Analysis shows 100% win rate with Nigerian star versus 0% without him in Champions League.
ECB Warns on AI Bubble and Eurozone Debt Risks
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
Africa's $163bn Debt Crisis Needs EU Action
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
Union Bank Rewards Top Teachers with Millions
Union Bank of Nigeria honoured exceptional educators at the 11th Maltina Teacher of the Year Awards in Lagos. Discover the winners and the bank's commitment to education.
EU to challenge China's rare earths dominance
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
AAUA Lecturers End Four-Month Strike Action
Academic staff at Adekunle Ajasin University suspend four-month strike after reaching agreement with management. Lecturers return to classrooms despite outstanding salary issues.
Union Bank Save & Gain: Win ₦5 Million & Cash Prizes
Union Bank's new Save & Gain campaign rewards customers with cash prizes up to ₦5 million for maintaining accounts and using digital channels. Learn how to participate.
Nigerian Re-elected President of All-Africa Students Union
Nigerian student Osisiogu Osikenyi wins re-election as president of All-Africa Students Union in Accra. Read about his vision for African students and the upcoming elections.
Ex-Senator Sues NDIC Over N4.76bn Property Documents
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
Nigerian Osisiogu Wins Second Term as AASU President
Nigerian-born Osisiogu Osikenyi secures second term as All Africa Students Union president after continental elections in Ghana. Read about Nigeria's growing influence in African student politics.
G20 South Africa Declaration: Minerals, Debt, Climate
The G20 summit in South Africa endorsed a declaration focusing on critical minerals, climate finance, and debt relief for developing nations. Discover the key outcomes.
Court Orders Police Out of Nestoil Premises
Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.
Lady's N16k Loan Becomes N365k Debt from Loan App
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.
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.
Fake Microfinance Bank Exposed by CBN in Nigeria
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
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