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GlobalEconomy

ESG-Sustainability in-Insurance

AMAN UNION and Swiss Re Host Exclusive Webinar on Environmental, Social, and Governance (ESG) Sustainability Risk Management

Join AMAN UNION and Swiss Re’s virtual webinar on October 16, 2025, to explore ESG sustainability risk management, empowering OIC insurers with insights to integrate environmental, social, and governance principles for a resilient and sustainable insurance ecosystem.

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Nigeria-economic-growth

Nigeria’s Tinubu Aims for Growth to Increase from 3.1% to 7% by 2027

President Tinubu aims for 7% economic growth in Nigeria by 2027 through reforms enhancing stability and investment, despite challenges like subsidy cuts and currency devaluation impacting prices.

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Nigeria-GDP-Growth-2025

Nigeria’s Economy Grew by 3.13% in Q1 2025 Following a GDP Rebasing

Nigeria’s economy grew by 3.13% in Q1 2025, driven by a 4.33% rise in the Services sector, with updated GDP figures reflecting a 372.8 trillion naira economy, though below the 4.9% forecast, per the National Bureau of Statistics.

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Nigeria-2025-borrowing-plan

Nigeria’s Senate Approved a $21 Billion Foreign Loan to Fund the 2025-2026 Budget

Nigeria’s Senate approves President Tinubu’s $21 billion foreign borrowing plan for 2025 to fund infrastructure and address budget gaps, raising concerns about economic sustainability amid declining oil revenues and high inflation.

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Global-Trade-Growth-2025

Global Trade Increased by $300 Billion in the First Half of 2025, Driven by US Imports and EU Exports, UNCTAD Reports

UNCTAD’s July 2025 Global Trade Update reports a $300 billion trade increase in the first half of 2025, led by services trade, but warns of potential disruptions from US tariffs and geopolitical risks to supply chains in the latter half of the year.

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