Finance

FinanceNewsWorld

Ghana’s Revised Mining Law Promises Reform, But Questions Linger Over Enforcement

Ghana’s cabinet has approved amendments to its mining law for submission to parliament, a move the government says will increase oversight of the...

FinanceNewsWorld

Burkina Faso Takes Full State Control of $68 Million Gold Mine, Marks Shift Away from Foreign Miners

Burkina Faso’s military-led government has granted an industrial mining permit to its state-owned mining company, SOPAMIB, for the development of the Bouboulou gold...

FinanceNewsPolitics

Tinubu and National Assembly Caught Diverting N8.4bn From Almajiri Commission to Roads, Dental Chairs, Solar Lights

The National Commission for Almajiri and Out-of-School Children Education was allocated N8.4 billion in the 2026 budget to construct roads in Ogun, Katsina...

FinanceNewsPolitics

The PFIPC Scandal and the Senate’s Shameful Cover-Up

The Senate’s decision on Wednesday to reject a motion probing the N1.3 billion allocation to the phantom Presidential Foreign Intervention Promotion Council is...

FinanceNewsWorld

Bank of Ghana Report Reveals 75 Staff Dismissed as Fraud Cases Surge 48% in 2025

The Bank of Ghana has disclosed that 75 staff members of banks and Specialised Deposit-Taking Institutions were dismissed in 2025 following their involvement...

FinanceNewsPolitics

Tinubu Administration Withholds N202 Billion Osun Local Government Allocations for 15 Months Despite Supreme Court Ruling

The Bola Tinubu administration has withheld statutory local government allocations due to Osun State totalling N201.962 billion over a 15-month period, despite a...

FinanceNewsWorld

As Ghana Clears $700 Million Eurobond, Nigeria’s N159 Trillion Debt Keeps Growing Under Tinubu

While Ghana is making significant progress in clearing its debts and rebuilding investor confidence, Nigeria’s debt burden has continued to spiral under President...

FinanceNewsPolitics

IMF Confirms N8.83 Trillion Missing from Tinubu’s Budget – Taiwo Oyedele Caught Lying About ‘Shadow Budget’

The International Monetary Fund has confirmed that the Nigerian government spent approximately N8.83 trillion in 2025 without recording it in the national budget....

FinancePoliticsWorld

Niger Introduces Death Penalty for Large-Scale Embezzlement of Public Funds

Niger’s transitional authorities have adopted a new penal code that significantly toughens penalties for the embezzlement of public funds, introducing life imprisonment and...

FinanceNewsWorld

Tinubu’s Nigeria Secures Another $1.25 Billion World Bank Loan as Debt Hits N159 Trillion

The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration programme, marking...

FinanceNewsWorld

Seven Months Into 2026, No Sign of 2025 Budget Performance Report from Tinubu Administration

Seven months into the 2026 fiscal year, the Bola Tinubu administration has failed to publish Nigeria’s full-year 2025 budget performance report, raising fresh...

FinanceNewsWorld

FEC Approves N1.7 Trillion Sokoto-Badagry Highway, Hands Contract to Convicted Money Launderer Gilbert Chagoury

The Federal Executive Council (FEC) has approved N1.7 trillion for the construction of the Sokoto-Badagry Super Highway, a flagship infrastructure project under President...