Business
Ghana Slashes Interest Rate by 3% as Inflation Drops and Cedi Strengthens
Ghana’s central bank has cut its benchmark interest rate by 3 per cent, citing easing inflation and renewed economic optimism as the country...
Manufacturers Warn FG: Don’t Confuse Nominal GDP Growth with Real Economic Progress
The Manufacturers Association of Nigeria (MAN) has cautioned against interpreting the nominal expansion of Nigeria’s rebased Gross Domestic Product (GDP) as evidence of...
Nigerian Banks Resume International Transactions on Naira Cards After Years of Suspension Under Buhari’s APC Administration
After nearly three years of suspension on international transactions using naira-denominated debit cards, Nigerian banks have resumed these transactions, bringing relief to customers...
Ghana Deports Nigerian National Convicted of Smuggling $100,000 in Counterfeit CFA From Togo
Ghanaian authorities have deported a Nigerian national, Aremu Adegboyega, after he was convicted of smuggling counterfeit currency worth over $100,000 into the country...
You Can’t Tax a Dead Economy: Nigeria Is Suffocating Under Its Own Policies
As Nigeria’s Central Bank clings to its benchmark interest rate of 27.5 per cent, the country’s economic engine is sputtering. For businesses and...
NBS Reports Lower Inflation in Nigeria, Yet Prices Remain Unchanged
Despite a slight drop in Nigeria’s inflation rate, many Nigerians have yet to experience a significant change in the cost of living. A...
Nigeria: Ebonyi Shopping Mall Vendor Threatened After Raising Power Outage Alarm
A Nigerian trader, Uzu Cynthia, has raised the alarm over threats to her safety following a viral TikTok video where she criticised the...
Mali Takes Over Once-Leading Morila Gold Mine for $1 in Bid to Revive Production
The Malian government has officially taken over Société des Mines de Morila SA, once one of the country’s most productive gold mines, following...
Niger Orders Expulsion of Foreign Oil Workers Over Labour Violations, Demands Local Employment Compliance
The Nigerien government has ordered the China National Petroleum Corporation Niger Petroleum (CNPCNP) to terminate the contracts of expatriate employees who have worked...
Niger Revokes Tax Incentives for Dangote Cement and KAO Ciment Over Unfulfilled Investment Commitments
The Nigerien government has withdrawn tax and customs benefits previously granted to Dangote Cement Niger SA and KAO Ciment SAS, citing the companies’...
Niger, UAE Firm Sign Deal to Establish Gold Refinery – Mines Minister Vows Local Processing to Benefit Citizens
Niger has signed a joint venture agreement with the Emirati company Suvarna Royal Gold Trading LLC to establish the country’s first gold refinery...
33 West Africans Rescued from a Human Trafficking Scheme in Côte d’Ivoire
Police in Côte d’Ivoire have rescued 33 West Africans from a human trafficking operation that promised them jobs in Canada. The victims, from...