AfrikNews

Displaying 11 - 20 of 63 results

40% Of African Countries Are In Debt Crisis, IMF Says

40% Of African Countries Are In Debt Crisis, IMF Says The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress. She described Africa as a continent of opportunities and one with many troubles, noting that the focus was to help countries have sound macro-economic […]

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment   The equities market has shrugged off bearish sentiments, gaining N23bn on Tuesday and N18bn on Wednesday as 24 stocks climbed, outperforming losses in 10 stocks. The market capitalisation of equities increased from N12.883tn on Monday to N12.906tn on Tuesday and N12.924tn on Wednesday. The All Share […]

Concern Over Nigeria’s Gas Industry As Shortfall Persists

Concern Over Nigeria’s Gas Industry As Shortfall Persists   Amid lingering gas supply shortage in Nigeria despite huge reserves, the International Energy Agency has said the current outlook for Nigeria’s gas industry is far from bright. Early this month, the country saw a sharp increase in the price of Liquefied Petroleum Gas, popularly known as […]

<div>S&Ds: COP25 must hear the 2 billion EU-African-Caribbean-Pacific citizens’ voices. Enough words, act now!</div>

S&Ds: COP25 must hear the 2 billion EU-African-Caribbean-Pacific citizens’ voices. Enough words, act now!
It is high time to pass from words to deeds. The upcoming COP25, the new European Commission, the EU member states, and the governments of all African, Caribbean and Pacific (ACP) countries can no longer turn a blind eye to the urgent need to immediately put into practice concrete and decisive common actions to tackle climate change, and to fairly combine development with sustainability.