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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,...

FinanceNewsWorld

ADC Chieftain Alleges N800 Billion FAAC Diversion By Tinubu Administration, Citing World Bank Report

The African Democratic Congress has raised serious allegations against the administration of President Bola Tinubu, claiming that a staggering N800 billion from the...

FinanceNewsPoliticsWorld

Tinubu wants to borrow Nigeria into more debt as citizens storm World Bank comments to block fresh loan

The World Bank’s social media pages have become an unlikely battleground this week, overwhelmed by a torrent of angry Nigerian voices demanding the...

FinanceNewsWorld

For First Time in 15 Years Nigeria’s Budget Office Fails to Publish Three Consecutive Quarterly Reports Under Tinubu

The Nigerian government has chosen to violate the Fiscal Responsibility Act rather than publish statutory budget implementation reports for three consecutive quarters, an...

FinanceNewsPolitics

Tinubu, APC Governors Allegedly Divert State Funds for 2027 Campaign as Governance Grinds to a Halt, Sources Claim

A deep crisis is allegedly tearing through the Progressive Governors Forum (PGF) of the ruling All Progressives Congress following explosive allegations that governors...

FinanceNewsWorld

Ghana Now Second Largest Economy in West Africa as It Climbs Continental Ranking

Ghana has achieved a significant milestone in its economic trajectory. The country has officially overtaken both Côte d’Ivoire and Ethiopia to become the...