Global Business

Billionaire philanthropist Mackenzie Scott donates $12 million to Howard University

Mackenzie Scott, ranked as the world's fourth-richest woman by Forbes and Jeff Bezos's ex-wife, has generously donated $12 million to Howard University College of...

Nigeria emerged as the primary recipient of World Bank credit in 2022, securing $2.9 billion in new loans, according to a report

The World Bank has revealed that Nigeria secured the highest amount of fresh loans in 2022, receiving approximately $2.9 billion. Tanzania followed closely with $2.7...

COP28: Adesina from the AfDB warns that Africa stands to face an annual loss of $25 billion due to the upcoming EU carbon tax

Dubai, December 6, 2023 — Dr. Akinwumi Adesina, President of the African Development Bank Group, has cautioned that the proposed EU carbon border tax...

COP 28: Cooperative Efforts Essential in Addressing the Climate Crisis

Global leaders from government and business have gathered in Dubai for COP 28, the latest "Conference of the Parties," spanning from November 30 to...

In 2022, the trade volume between Germany and Nigeria reached a substantial €3 billion, as reported by the envoy

The German Ambassador to Nigeria, Annett Günther, announced during a press conference on Thursday that the bilateral trade between the two countries reached €3...

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