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: global debt
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?
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.
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.
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.
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.
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.
IPMAN Warns of Fuel Crisis Over NMDPRA Debt Delays
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
Adeboye Demands End to Attacks and Kidnappings
RCCG General Overseer Pastor Enoch Adeboye sends a powerful message, declaring all attacks and kidnappings in Nigeria must cease. Read his full warning and the public's reaction.
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.
Young Africans Chart Path to Digital Transformation
YANGG President Kelechi Ndieze calls on African youth to seize control of the continent's digital narrative. Discover how young innovators are driving change.
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.
Top 50 Young Female Models Under 25 in 2025
Discover the world's most attractive female models under 25, including Nigeria's Diana Chioma Eneje and Kenya's Imari Karanja. These young talents are reshaping global fashion trends and breaking barriers.
Nicki Minaj: First Female Rapper at UN Forum
Nicki Minaj becomes the first female rapper to address United Nations, speaking on Christian persecution in Nigeria. Read about her historic speech and global impact.
Youth Demand Action as Climate Crisis Worsens at COP30
Young leaders worldwide demand urgent climate action as 2024 breaks heat records and passes 1.5°C warming threshold. Climate anxiety affects 78% of children under 12.
James Ojo Selected for Global Journalism Conference
James Ojo Adakole from Legit.ng earns prestigious fellowship to attend the Global Investigative Journalism Conference in Malaysia. Discover his journey and the event's impact.
Cloudflare outage disrupts global internet services
Major Cloudflare outage on November 18, 2025 caused worldwide internet disruption. Learn about this and 5 other major internet failures that paralyzed global digital services.
Dutch suspend Nexperia takeover in China goodwill move
The Netherlands has suspended its proposed takeover of Chinese-owned chip maker Nexperia as a goodwill gesture toward Beijing. Learn how this decision affects global chip supply chains.
Africa's First G20 Summit: 5 Key Facts
Johannesburg hosts Africa's inaugural G20 summit amid global tensions. Learn about South Africa's priorities, US boycott, and the event's significance for the continent.
Global Internet Disruption Hits Major Services
Widespread internet outage caused by Cloudflare glitch affects X, ChatGPT, banking services globally. Technical issues persist for hours before gradual fix implementation.
COP30: Urgent Call to Accelerate Paris Agreement
At COP30 in Brazil, UN and global leaders issue a stark warning: the Paris Agreement is lagging behind the climate crisis. They demand immediate, tangible action for a faster energy transition.
South Africa Hosts G20 Summit as US Boycotts Event
South Africa hosts crucial G20 summit focusing on debt relief for developing nations as US President Trump boycotts. Key discussions on climate financing and global inequality.
Nigeria Must Modernize Maritime Transport Laws
Maritime stakeholders call for urgent modernization of Nigeria's transport laws to compete globally. Experts warn outdated regulations threaten blue economy ambitions.
Chinese Property Executive Detained in Indonesia Over $138M Debt
Indonesian authorities detain Chinese property executive WZ wanted for $138 million loan default. The fugitive had been moving through Asian nations since August. Read full details.
64th FirstBank Lagos Open Golf Tees Off
The 64th FirstBank Lagos Open Golf Tournament has commenced at Ikoyi Club 1938. Caddies took the first swings, with a N34.5 million prize pool and a BMW hole-in-one prize up for grabs. Read more!
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