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AngloGold Ashanti mine
BusinessNews

Soldiers Kill at Least Seven People at AngloGold Ashanti Mine in Ghana

A small-scale miners’ group in Ghana has accused soldiers of killing nine unarmed people at AngloGold Ashanti’s Obuasi mine on Saturday night. However,...

Dangote Petrol price
BusinessNews

Dangote Refinery Increases Petrol Price to ₦955 Per Litre for Bulk Buyers Due to Rising Crude Costs

The Dangote Petroleum Refinery has raised its petrol price to ₦955 per litre for bulk buyers. Th  new price will be effective from...

Nigeria $500M Bonds
FinanceNews

Nigeria’s Foreign Reserves Reduce by $359.81 Million in One Week

Nigeria’s foreign exchange reserves have dropped by $359.81 million in one week, settling at $40.56 billion on 13 January 2025. This decline came...

El-Rufai and Aides
FinanceNews

Court Denies Bail to El-Rufai’s Ex-Chief of Staff, ICPC to Arraign Three of his Aides for ₦64.8 Million Fraud

The Kaduna State High Court has denied bail to Bashir Sa’idu, a former Chief of Staff and Commissioner for Finance in Kaduna State....

Chinese Arrested in Congo
FinanceNews

DR Congo Sentences Three Chinese Nationals to Seven Years in Prison for Illegal Mining

A court in the Democratic Republic of Congo (DRC) has sentenced three Chinese nationals to seven years in prison for illegal mining. They...

FinanceNews

Nigeria’s Inflation Rises for Fourth Consecutive Month, Hits 34.8% in December

Nigeria’s inflation rate rose to 34.8 per cent in December 2024. This is according to the latest Consumer Price Index (CPI) report released...

Tinubu Reshuffles Cabinet
FinanceNews

2025 Budget: FG Allocates ₦6.7 Trillion for ‘Emergency Expenses’ Amid Several Irregularities

‍Civil society groups and economic analysts have heavily criticized President Bola Tinubu’s proposed budget for 2025. Many believe it fails to address Nigeria’s pressing needs...

Human RightsNews

ICYMI: Ex-Ooni’s Wife and Two Others Charged With Murder Over Ibadan Stampede, While Customs Faced No Charges in the Lagos Stampede

A High Court in Ibadan has granted bail to Queen Naomi Silekunola, ex-wife of the Ooni of Ife, and two others charged after...

Barrick Gold and Mali
FinanceNews

Mali Begins Seizing Gold Stock at Barrick Gold Site Amid Stricter Mining Rules

According to a memo obtained by Reuters, Mali’s government has begun seizing gold stock at Barrick Gold’s Loulo-Gounkoto site. Officials reportedly enforced the...

FinanceNews

US to Repatriate $52.88M Linked to Ex-Nigerian Oil Minister Alison-Madueke

The United States and Nigeria have formally agreed to return $52.88 million linked to former Petroleum Minister Diezani Alison-Madueke and her associates. The...

FinanceNews

Presidency Allocates ₦7.65 Billion for State House Vehicles in 2025 Budget, Despite Pledges to Cut Costs

The Nigerian Presidency has proposed ₦7.65 billion for the purchase of State House vehicles in the 2025 budget. The large allocation marks a...

FinanceNews

Over 60 Stampede Deaths Recorded During Palliative Distributions in Nigeria Under Tinubu’s Administration

Stampedes during palliative distributions in Nigeria have left many dead and injured. Since President Bola Tinubu took office on 29 May 2023, at...