Tinubu calls for overhaul of global financial system

Bola Ahmed Tinubu, Nigeria’s president, urged an overhaul of the global financial system, arguing that existing structures—dominated by Western banks and institutions like the IMF and World Bank—are outdated, exclusionary, and hinder Africa’s development. He called for reforms that would increase representation for emerging economies, promote fairer access to financing, and reduce dependence on foreign currency debt, emphasizing the need for a more inclusive, transparent, and sovereign‑focused financial architecture. Views Nigeria