Finance

FinanceNewsWorld

Sierra Leone Shuts Down Only Privately Owned Indigenous Bank After Years of Failed Recovery

Sierra Leone’s central bank on Wednesday ordered the permanent closure of Union Trust Bank, the West African nation’s only privately owned indigenous commercial...

FinanceNewsWorld

Nearly 200,000 Nigerians Access Pension Savings Early Following Unemployment Under Tinubu Administration

Almost 200,000 Nigerian workers have been forced to withdraw from their pension savings over the past five years after losing their jobs. This...

FinanceNewsPolitics

Three Years of Tinubu, Manufacturers Say Policies Have Not Delivered Industrial Growth

Three years after President Bola Tinubu assumed office, Nigeria’s manufacturers have delivered a sobering verdict: the ambitious reforms have yet to translate into...

FinanceNewsWorld

Ghana’s Gold Output Surges 23 Percent to Nearly 6 Million Ounces in 2025 as Small Scale Miners Take the Lead

Ghana’s gold production surged 23.41 percent in 2025, reaching 5.94 million ounces from 4.82 million ounces in 2024, in a historic shift driven...

FinanceNewsWorld

5 Foreign Giants Own Ghana’s Gold, but Ghanaians Own Nothing

Ghana is rich in gold. But a viral post on social media has ignited a fierce debate over who truly owns that wealth,...

FinanceNewsWorld

World Bank Cancels $717 Million After Tinubu Government Took $796 Million to Fix Electricity Yet Most Nigerians Still in Darkness

In a devastating blow to Nigeria’s already crippled power sector, the World Bank has cancelled $717.7 million in undisbursed electricity loans. The decision...

FinanceNewsWorld

Bank of Ghana Suspends Planned 0.75% Mobile Money Transfer Fee

The Bank of Ghana has suspended a proposed 0.75 percent fee on direct transfers from mobile money wallets to bank accounts, directing Mobile...

FinanceNewsWorld

Tinubu’s Government Demands New Tax ID for Every Nigerian While Bandits Keep Kidnapping, Hunger Bites, and Electricity Dies

Just as families across Nigeria are burying loved ones killed by bandits and counting ransom payments that have drained generational savings, the administration...

FinanceNewsWorld

AES Pushes Resource Control as Niger Secures $1 Billion Oil Pact With China

Niger’s military led government has signed a sweeping series of oil agreements with Chinese energy firms, marking a major strategic pivot for the...

FinanceNewsWorld

Ghana Seeks Bigger Share of Gold Wealth With New Refining Mandate

Ghana has launched an ambitious plan to secure a larger share of its gold wealth, proposing that large scale mines must sell at...

FinanceTravelWorld

Russia and Mali Sign New Agreements in Transport, Industry, and Trade

Russia and Mali have strengthened their cooperation following the second session of their intergovernmental commission held in Kazan. Three memorandums of understanding were...

FinanceNewsWorld

NERC Moves To Raise Electricity Tariffs as Consumers Decry Paying For Darkness Instead Of Light

Nigerians are bracing for yet another round of electricity tariff increases, even as the nation continues to struggle with persistent blackouts, crumbling infrastructure,...