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.
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.
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 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.
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.
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.
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.
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
Four tenants killed, five injured in violent land clash at Asaba-Benin Expressway. Armed vigilantes opened fire during attempted eviction. Read full details of the tragedy.
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.
An Ondo customary court has ordered a woman to return her ex-husband's deep freezer she sold or pay its value by March 31, 2026. Read the full story of this dramatic property dispute.
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.
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.
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 alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
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.
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.
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.
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.
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.
Arise TV anchor Rufai Oseni reacts to Nyesom Wike's confrontation with naval officer, praising the military man's composure and calling for national recognition. Read full analysis.
Constitutional law expert Prof. Sebastine Hon analyzes why Naval Officer AM Yerima breached the law during land dispute with FCT Minister Nyesom Wike in Abuja.
FCT Minister Wike's media aide Lere Olayinka describes military officer as unruly and arrogant following Abuja land clash. Details on the disputed property and allegations.
FCT Minister Nyesom Wike explains military confrontation over disputed land. Read about the unfolding drama between government and armed forces in Abuja.
A 2022 video showing Lagos Governor Babajide Sanwo-Olu confronting police officers at Magodo Phase 2 Estate has resurfaced, highlighting ongoing tensions between state and federal security authorities in Nigeria.
Google clarifies it hasn't changed Western Sahara border display for Moroccan users. The tech giant explains its longstanding policy on disputed territories. Read full details.
Exclusive details emerge as FCT Minister Nyesom Wike calls Chief of Defense Staff during land dispute confrontation with military officer. Watch the viral video and reactions.
Activist Dele Farotimi challenges Nigerians celebrating naval officer who confronted FCT Minister Wike over land dispute, questioning legality of 'orders from above'. Read full analysis.
Lt. Yerima breaks silence on Abuja land dispute with FCT Minister Wike. Discover why military officers refused to use lethal force during tense confrontation.
Isaac Fayose confronts FCT Minister Wike over viral altercation with military officer Yerima in Abuja land dispute. Read Nigerians' reactions and analysis.