Tag:Debt crisis

Power sector debt crisis: Minister lauds Tinubu’s intervention

Minister of Power, Chief Adebayo Adelabu, has commended President Bola Ahmed Tinubu for his decisive intervention in addressing the longstanding debt crisis affecting Nigeria's...

Over N4trn debt: AMCON, AMPS strategise to tighten noose on obligors

As part of the renewed strategy of the executive management of the Asset Management Corporation of Nigeria (AMCON) currently led by Mr. Gbenga Alade...

Developing countries face ‘vicious circle’ of climate change, debt – Report

A new report commissioned by the governments of Colombia, Kenya, France and Germany lays bare the devastating effect of debt burdens for many vulnerable...

Africa’s mounting debt crisis and need for reform in global financial architecture

Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed...

UN SIDS4 delivers new era of resilience amidst small islands’ crippling debt crisis

The Fourth United Nations Conference on Small Island Developing States (SIDS4) wrapped up on Thursday, May 30, 2024, in Antigua and Barbuda with unanimous...

Nigeria’s looming debt crises and climate change: Painful inheritance for future generations

As nations in the global south grapple with the mounting challenges of climate change and economic repression, it becomes imperative to examine the role...

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Gender equality: Why inclusion is a matter of survival in Southern Africa

Across Southern Africa, inequality is felt daily at a household level. The Africa Gender Index (2023) reports that women across Africa...
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Global Biodiversity Framework: 125 Parties submit 7th National Reports

Some 125 countries - representing nearly two-thirds of the 196 Parties to the Convention on Biological Diversity (CBD) and...

Navy destroys illegal crude oil storage site in Rivers

The Nigerian Navy says it has destroyed an illegal crude oil storage site containing about 17,500 litres of suspected...

Must read

Gender equality: Why inclusion is a matter of survival in Southern Africa

Across Southern Africa, inequality is felt daily at a...

Global Biodiversity Framework: 125 Parties submit 7th National Reports

Some 125 countries - representing nearly two-thirds of the...