WORLD BUSINESS & ECONOMY

China vows $51bn in investment to deepen economic partnership with Africa

Business a.m. China has unveiled a $51 billion package of fresh financing for African countries, supporting 30 infrastructure projects and…

United States, Nigeria co-host pan-African AI conference in Lagos 

Business a.m. An artificial intelligence conference which will be held on Tuesday and Wednesday in Lagos is being jointly hosted…

World food prices show minor decrease in August as sugar, meat, and cereal prices fall

Business a.m. The FAO Food Price Index, a key indicator of global food market trends, indicated a decrease in global…

Tinubu era sees Nigeria become third largest IDA debtor with $2.2bn loan

Business a.m. Nigeria has emerged as the third most indebted nation among the borrowers of the World Bank's International Development…

USADF deepens Nigeria roots for youth employment, development

Joy Agwunobi Travis Adkins, president and chief executive officer of the United States African Development Foundation (USADF), recently unveiled new…

US insurance spending to hit record high $15,000 per person in 2028 – Report

Cynthia Ezekwe The average insurance spending per capita in the US is expected to soar to $15,000 by 2028, seven…