Tag: debt
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Nigeria amasses $3 billion debt to traders for oil swaps – sources
Nigeria has accumulated up to $3 billion in debts to trading houses such as Vitol and oil majors such as BP for fuel supplies and...
At Paris summit, World Bank unveils debt payment pause for disaster-hit countries
The World Bank chief announced a raft of measures on Thursday to aid countries hit by natural disasters, including a pause in debt repayments...
African economies debt outlook remains “cloudy” – World Bank economist
The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...
France lobbies G7 over Africa debt, climate impact
The Group of Seven (G7) wealthy nations need to take more responsibility in boosting crisis financing for vulnerable countries across the world and work...
China’s rising clout spotlighted at finance chief meetings before G7 summit
The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their...
