Finance

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...

EducationFinanceNews

Tinubu Says Stock Market Trading in Classrooms Will Build Prosperous Nation, Yet Millions of Nigerians Cannot Afford School Fees

President Bola Tinubu has called for the integration of stock market trading and capital market education into the curriculum of Nigerian universities, saying...

FinanceNews

Another N2.5 Trillion Road Project, Another Opportunity for Tinubu and Umahi to Waste Nigerians’ Money

The Federal Government has earmarked N2.47 trillion in the 2026 budget for the rehabilitation and reconstruction of 124 roads considered critical to Nigeria’s...

FinanceNewsWorld

Zimbabwe Overtakes Nigeria as Africa’s Best-Performing Stock Market

Zimbabwe ended July 2026 as Africa’s best-performing equity market, overtaking Nigeria after months of sustained gains driven by easing inflation, a more stable...

BusinessFinanceNews

Zimbabwean Businessman Lands US$4.6 Billion Construction, Mining Deal in Burkina Faso

Zimbabwean conglomerate Prevail Group, owned by businessman and Presidential adviser Dr Paul Tungwarara, has signed a landmark agreement with Burkina Faso’s National Bureau...