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ECOWAS imposes sanctions on Mali, maintains measures against military takeover in Guinea

*We insist UN, EU, others support impositions of sanctions, says Osinbajo in Accra An ECOWAS Extraordinary Summit of the...

Ozone Layer Recovery Is On Track, Helping Avoid Global Warming By 0.5°C 

NAIROBI, 9 January 2023 – The ozone layer is on track to recover within four decades, with the global phaseout of ozone-depleting chemicals already benefitting efforts...
Kamal Harris, VP and President Joe Biden

Joe Biden becomes 46th US President

*Swears in White House staff virtually *Signs 15 Executive order on first day in office *...

Swiss Re: Insurance industry can’t foot the bill for COVID-19 damages

The costs of global pandemics such as COVID-19 exceed the capacity of the global insurance industry, making them effectively “uninsurable risks”, Beat...

Water crisis looming globally as drought increases by 29% in Africa — WMO

UN World Meteorological Organisation (WMO) says the number and duration of droughts also increased by 29 per cent over the past two...

Global structured finance to reach $1.4 trillion in 2021

Global structured finance new issuance volume increased 60 per cent to approximately $685 billion in the first half of 2021 and could...

Global Recession Looms As World Bank Projects 1.7% Growth In 2023

Samuel Mobolaji ...Says long-lasting slowdown to hit developing countries hard ...As Nigeria’s VP calls for investment in technology for better future Going by the latest global economic...

Breaking: Joe Biden beats Trump to become 46th US President

Joe Biden has won the presidency by clinching Pennsylvania and its 20 electoral votes, the AP has just announced.

World Bank, IMF, WTO Task Force Call For Increased Investment In Vaccine Production, Distribution

Heads of World Bank Group, International Monetary fund, IMF, World Trade Organisation, WTO, after a high-level consultations with UNICEF, Gavi, the Vaccine...

Only 60,000 Pilgrims Will Perform Hajj This Year

The Saudi Ministry of Health has said only 60,000 local and international pilgrims will be allowed to perform this year’s holy pilgrimage...

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