Finance
Ghana Increases National Daily Minimum Wage, Public Sector Salaries By 10 Per Cent
The Government of Ghana has approved a 10 per cent increase in the National Daily Minimum Wage (NDMW), raising it to GH¢19.97, effective...
Malian Armed Forces Denounce Disinformation Campaigns Against FAMa
The General Staff of the Malian Armed Forces (EMGA) has warned against disinformation campaigns to tarnish the reputation of the Malian Armed Forces...
Nigeria Sues Binance, Demands $81.5 Billion for Economic Losses and Back Taxes
The Nigerian government has asked the Federal High Court in Abuja to order Binance Holdings Limited to pay $79.5 billion in damages for...
Nigeria’s Inflation Drops to 24.48% After CPI Rebasing, Hardship Persists
Nigeria’s inflation rate fell to 24.48 per cent in January 2025 from 34.80 per cent in December 2024. The National Bureau of Statistics...
Trump Suspends Funding for CIA Regime Change Cutout NED
The Trump administration has suspended funding for the National Endowment for Democracy (NED). This US-funded organisation has reportedly been involved in political activism...
Ghana’s President Orders Probe into 81,000 Ghost Names on Payroll
Ghana’s President John Dramani Mahama has ordered an investigation into the National Service Authority (NSA) operations after a headcount uncovered 81,000 suspected ghost...
CBN Introduces New ATM Charges, Customers Using Other Banks’ ATMs to Pay N100 Per ₦20,000 Withdrawal
The Central Bank of Nigeria (CBN) has introduced new withdrawal charges for Automated Teller Machines (ATMs), scrapping the three free monthly transactions previously...
U.S. Government Orders Closure of All USAID Missions Overseas, Staff to Return by Friday
The United States government has ordered the closure of all USAID missions overseas, and staff members have been directed to return to the...
“This is Criminal”: Nigerians React to Akwa Ibom Governor Allocating N1.3bn for Unity Park Fencing, N20bn for Private Jet Maintenance
The Akwa Ibom State Government has allocated N1.3 billion to construct a perimeter fence around its Unity Park in Uyo, the state capital....
Nigeria Falls to 100th Out of 121 in Global Digital Quality Ranking, Slipping 12 Spots in Just One Year
Nigeria has fallen to 100th place in the 2024 Digital Quality of Life (DQL) Index by cybersecurity firm Surfshark. This decline is notable,...
Ghana’s Central Bank Gold Reserves Increase By 11 Tonnes In 2024
According to the Bank of Ghana, Ghana has expanded its gold reserves to 30.5 tonnes by the end of December 2024, up from...
Beyond Conferences and Commitments: Decoding Africa’s Industrial Dilemma
In 2024, we witnessed African leaders jet-setting from one summit or conference to another, in some cases summoned by the host state, and...