Finance

FinanceNewsPolitics

Tinubu’s Minister Bernard Doro Gave Out N20,000 Per Household Per Year and Calls It Poverty Reduction

The Federal Government has spent more than N600 billion on cash transfers to vulnerable Nigerians over the past three years, reaching about 10...

FinanceNewsWorld

Niger Grants Major Uranium Mining Permits to National Companies, Two Years After Taking Control From Foreign Operators

Niger has granted two major uranium mining permits to national companies, marking a significant milestone in the military-led government’s broader restructuring of the...

FinanceNews

Finance Minister Taiwo Oyedele Says FG Won’t Publish Spending Details of $5bn FAB Loan, Insists There Is Nothing Special About It

The federal government will not publish a specific breakdown of how funds accessed under its $5 billion financing facility with First Abu Dhabi...

FinanceNewsWorld

Ghana Mineworkers Demand Release of $34.5 Million in Savings Frozen Since 2017 Bank Clean-Up

Ghana’s mineworkers have petitioned the central bank to release more than 380 million cedis ($34.55 million) in savings and severance packages that have...

EditorialFinanceWorld

How Dangote Sells Fuel and Cement Cheaper Abroad While Nigerians Pay More

Aliko Dangote has built a business empire that dominates Nigeria’s fuel and cement markets. But a growing body of evidence suggests that Nigerians...

FinanceNewsPolitics

Tinubu’s IPPIS Was Meant to Kill Ghost Workers, Instead It Paid N941 Million to People Who Don’t Exist

President Bola Tinubu approved a comprehensive audit of the Integrated Personnel and Payroll Information System (IPPIS) that uncovered 908 ghost workers across at...

FinanceNews

Nigeria’s Budget Deficit Doubles to N31 Trillion in 2026, Violating Its Own Fiscal Rules, BudgIT Warns

Nigeria’s projected budget deficit has more than doubled from N13.08 trillion in 2025 to over N31 trillion in 2026, a breach of the...

FinanceNews

Mahama Orders Payment for Ghana’s Crude Oil in Cedis to Ease Pressure on Local Currency

Ghana’s President John Mahama has ordered a review of the dollar payment system for crude oil sales, directing that local refineries should pay...

FinanceNewsWorld

Niger Signs $1.9 Billion Deal for West Africa’s Third-Largest Refinery

Niger has signed a $1.9 billion agreement to build a 100,000-barrel-per-day refinery and petrochemical complex in the southwestern city of Dosso, a project...

FinanceNewsPolitics

Edo Governor Who Confused Million and Billion During Budget Speech Sees Domestic Debt Surge N59 Billion, State Now Sixth Most Indebted in Nigeria

Edo State’s domestic debt has surged by N59.37 billion under Governor Monday Okpebholo, catapulting the state from 12th to sixth among Nigeria’s most...

FinanceNewsPolitics

Warri and Port Harcourt Refineries Will Come Back to Work, Tinubu Promises Again After 2024 Celebrations Ended in Shutdown

President Bola Tinubu has once again assured Nigerians that the Warri and Port Harcourt refineries will soon resume operations, a promise that follows...

FinanceNewsPolitics

Tinubu Signs Executive Order to Unlock $50 Billion Oil Investment, Gives Tax Breaks to Rich Companies While Nigerians Pay More Taxes

President Bola Tinubu has signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, a policy framework he says will...