Egypt urges blended finance to unlock private capital for climate action in emerging markets

DAVOS, Switzerland, Jan 21 (MENA) – Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Wednesday that climate finance needs in emerging markets are vast, particularly when aligned with global targets for emissions reduction and climate adaptation, calling on governments to prioritize “blended finance” models to de-risk private investment in green

EFCC hands over N1. 28bn recovered from Sujimoto CEO to Enugu govt

The Economic and Financial Crimes Commission (EFCC) has recovered ₦1.28 billion from the Chief Executive Officer (CEO) of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, for the Enugu State government. The Enugu State government had in September 2025, accused Ogundele of defrauding the state of N5.76 billion meant for the construction of 22 Smart Green Schools

NZD/USD strengthens to near 0.5850 as Trump eases tariff threats

The NZD/USD pair gains momentum to around 0.5850 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid risk-on sentiment as US President Donald Trump touts a Greenland deal. Traders brace for the final reading of US Gross Domestic Product (GDP) for the third quarter (Q3), weekly Initial

In Davos speech, Trump repeatedly refers to Greenland as ‘Iceland’

DAVOS, Switzerland – US President Donald Trump repeatedly made an apparent gaffe in a speech on Jan 21 to world leaders assembled in Switzerland by referring to “Iceland” several times instead of his much-coveted “Greenland”, with the White House furiously denying any confusion on his part. The 79-year-old Republican has been clamouring for the US

Stocks stage dramatic rebound after Trump announces Greenland framework

NEW YORK: Global shares rebounded on Wednesday (Jan 21) from a selloff the previous session after US President Donald Trump said a framework ⁠on a future deal over Greenland has been reached. Trump, who is attending the World Economic Forum in Davos, said the US will no longer be imposing tariffs that had been scheduled