By Investing.com Nigeria's external debt has surged by N13.38 tn ($17.38 billion) in the second quarter of 2023 due to a significant devaluation of the naira and changes in foreign exchange policies, according to data from the Debt Management Office (DMO). The country's external debt rose to N33.25 tn ($43.16bn) in Q2 2023 from N19.64 tn ($42.67 billion) in the preceding … [Read more...] about Nigeria’s external debt surges due to weak naira and forex policy changes
U.S. Advises Citizens to ‘Reconsider travel to Nigeria due to crime, terrorism, civil unrest, kidnapping, and armed gangs.’
United States Embassy and Consulate in Nigeria issued the below statement advising US citizens to reconsider travelling to Nigeria: “Violent crime – such as armed robbery, assault, carjacking, kidnapping, hostage taking, roadside banditry, and rape – is common throughout the country. Kidnappings for ransom occur frequently, often targeting dual national citizens who have … [Read more...] about U.S. Advises Citizens to ‘Reconsider travel to Nigeria due to crime, terrorism, civil unrest, kidnapping, and armed gangs.’
US Judge Delays order that Chicago State University provide documents at center-of Nigerian presidential dispute
LOCAL Judge delays order that Chicago State University provide documents at center of Nigerian presidential dispute CHICAGO (CBS) -- The international political dispute that placed Chicago State University in the middle of a bitter Nigerian presidential fight hit another roadblock on Thursday. In an emergency hearing, U.S. District Judge Nancy Maldonado agreed to … [Read more...] about US Judge Delays order that Chicago State University provide documents at center-of Nigerian presidential dispute
Malawi’s President Chakwera calls for debt cancellation, UN reforms with permanent seat for Africa
Speaking at the 78th United Nations General Assembly (UNGA) Conference in New York, President Lazarus of Malawi calls for United Nation reforms, debt cancelation and Africa to be given a permanent seat at UN. President Chakwera said,“What we need is decision and action and debt cancellation. What Least Developed Countries like Malawi are in, is distress because … [Read more...] about Malawi’s President Chakwera calls for debt cancellation, UN reforms with permanent seat for Africa
