Nigeria is grappling with a severe liquidity shortage, spending $2.4 billion annually on servicing its external debt, as rising debt service costs...
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The African continent faces a severe debt crisis, one that has been brewing since the early 2010s but has now reached an unsustainable tipping point. A combination of rapid debt accumulation, external shocks, and changing creditor dynamics threatens to trigger a global economic catastrophe. With Africa home to the world’s fastest-growing population and a key […]
Nigeria is grappling with a severe liquidity shortage, spending $2.4 billion annually on servicing its external debt, as rising debt service costs...
The ongoing crises in Ukraine and the Middle East are reshaping global energy and trade landscapes. Russia and Ukraine occupy strategic positions in...
Let’s start with the good news: it looks like the global battle against inflation has largely been won, even if price pressures persist in some...
Ahmed Kouchouk, Egypt’s Finance Minister, stated that debt levels across Africa are rising due to escalating economic shocks and risks linked to...
As Halloween approaches, the real nightmare is America's fiscal crisis -- a terrifying collision of unsustainable spending and an exploding national...
Significant external and internal risks to the economy were highlighted by Finance Minister Makis Keravnos on Monday during the presentation of the...
North Korea’s decision to dispatch troops to support Russia in its conflict against Ukraine signifies a profound and concerning shift in global...
By DAYO ADESULU MTN CEO Karl Toriola warns of potential shutdown and unsustainable operations due to escalating costs and debt crisis. MTN Nigeria,...
The recent revelation that the government has allowed unprogrammed appropriations to exceed programmed expenditures in the 2024 budget is deeply...
Unsettling global dynamics could undermine chances of soft landings globally and put Australia's fortunes at risk, warns the federal treasurer.