South Africa expects the upcoming G20 summit to strengthen multilateralism and reform the global institutions of governance, South Africa’s top diplomat saidqq. Ronald Lamola, Minister of International Relations and Cooperation, made the remarks at a news conference. the media in Pretoria, South African administrative capital, about the implementation of his country’s foreign policy and upcoming…
The World Bank approved a loan of 750 million U.S. dollars on Wednesday to boost the digital transformation in the Philippines. The financial institution said in its press release that the Second Digital Transformation Development Policy Loan supports the Philippines’ efforts to transform the country’s digital sector. It said the loan would develop the country…
Prince Mohammed Al Saud, the Saudi Crown Prince and Prime Minister of Saudi Arabia, has assured Nigeria of support in its economic reform programmes. The Crown Prince gave the assurance during a meeting with President Bola Tinubu on the sidelines of the joint Arab-Islamic Summit in Riyadh, Mr Bayo Onanuga, the president’s spokesman, said in…
Spanish Prime Minister Pedro Sánchez said the global community must become more ambitious in reaching its climate targets, pointing to the recent floods in his country that left at least 220 people dead. Sánchez, speaking at the UN Climate Change Conference in Baku, called the warming planet an “existential threat” to humanity. He said all…
The newly appointed Minister of State for Housing and Urban Development, Yusuf Abdullahi Ata, has announced plans to partner with investors from Malaysia in the 3000 housing project of president Bola Tinubu’s administration. The minister stated this over the weekend on his first visit to Kano after his appointment where he was received by a…
Tinubu is expected to speak on Israel-Palestinian crisis, reiterating Nigeria’s stance for an immediate ceasefire and the urgent need for a peaceful resolution. President Bola Ahmed Tinubu on Sunday arrived in Riyadh, the Saudi Arabian capital to participate in the Joint Arab-Islamic Summit. The Nigerian leader landed at the King Abdulaziz International Airport at 10…
Nearly one million foreign tourists visited Nepal in the last 10 months of 2024, the latest figures on Tuesday showed. A total of 960,022 foreigners that arrived in Nepal as at October marked an increase of 15.66 per cent over the same period of last year. This is according to data released by the Nepal…
The newest edition of the China International Import Expo (CIIE), the world’s first national-level exposition dedicated to imports, opened on Tuesday in Shanghai. Chinese Premier Li Qiang delivered a keynote speech at the opening ceremony of the 7th CIIE and the Hongqiao International Economic Forum. China has continued to walk the talk in expanding opening…
The International Monetary Fund has raised Ethiopia’s net international reserves target to facilitate payments of upcoming hard currency bills. The East African nation secured a 3.4 billion dollars four-year financing programme from the IMF in July after carrying out a series of reforms including floating its birr currency. It is also in the midst of…
Guinea Insurance Plc has posted a profit before tax of N499.6 million for the financial year ended 2023, representing 63 per cent increase from a loss of N75.4 million posted in 2022. Mr Ugochukwu Godson, Chairman, Guinea Insurance, announced this at the company’s 66th Annual General Meeting (AGM) on Monday in Lagos. Godson said that…
