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World Leaders hold Summit in New York

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World leaders will gather this week in New York to address the 77th Session of the United Nations General Assembly.

According to reports, the war in Ukraine, climate change and nuclear disarmament would dominate speeches and discussions during the annual gathering that starts on Tuesday at the UN Headquarters.

Meanwhile, UN Secretary-General, Antonio Guterres had said the gathering was happening at a time of great peril.

Written by: Helen Obih

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Nigeria’s debt hits N42.8trillion

Nigeria’s total public debt stock rose from N41.60trillion in March to N42.84trillion in June, 2022. According to the Director-General of the Debt Management Office, Patience Oniha, the total debt represents the domestic and external debt stocks of the Federal Government, the 36 State Governments and the Federal Capital Territory. Oniha noted that more than 58 per cent of the external debt stocks are concessional and semi-concessional loans.

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