Sunday, June 28, 2026
World Bank approves $13.5m blue economy financing plan for Nigeria, others
By Business AM The World Bank Group has okayed a new Blue Economy programme that will catalyse financing and provide...
Read moreDetailsWatchdog slashes UK 2023 growth forecast, says economy in recession
By Business AM The Office for Budget Responsibility (OBR), a fiscal watchdog in the United Kingdom...
Read moreDetailsAfreximbank pledges financial succour to Africa’s $250bn climate finance deficit
By Cynthia Ezekwe African Export-Import Bank (Afreximbank) has pledged its commitment to support Africa in bridging its climate finance deficit...
Read moreDetailsCommonwealth member countries get a chance for new grants to address ocean challenges
By Innocent Obasi The Commonwealth Secretariat is providing member governments a chance to get new technical support and funding...
Read moreDetailsAfrica facing $40bn funding deficit for climate adaptation, says report
By Onome Amuge Africa is at risk of a critical shortfall in cumulative funding for climate adaptation with the continent...
Read moreDetailsNigeria leads Africa’s govts with borrowing risks at $103.31bn
BY MADUABUCHI EFEGADI Tops 20 countries on verge of excessive debt But Rwanda shines with investment opportunities Nigeria,...
Read moreDetailsCurrency depreciations seen worsening food, energy crises in developing economies
By Onome Amuge The depreciation of Nigeria’s currency as well as currencies of other developing economies has accelerated food and...
Read moreDetailsPound higher as UK Prime Minister Truss resigns
…after failed budget, market turmoil The pound was up 0.4 percent against the dollar on Thursday shortly after...
Read moreDetailsGlobal trade finance credit risk returns to pre-pandemic levels, ICC reports
By Onome Amuge Default rates across all trade finance asset classes globally declined in 2021 compared to 2020, defying the...
Read moreDetailsClimate-smart innovative mechanisms in focus as Mauritius set to host 2022 African Economic Conference
By Businessam The island nation of Mauritius is set to host the 2022 African Economic Conference (AEC) from 9-11 December,...
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