Finance
Senegal to Reprofile Debt Rather Than Restructure, Prime Minister Says
Senegal’s Prime Minister Ahmadou Al Aminou Lo has told parliament that the West African nation will not pursue a formal restructuring of its...
BudgIT Exposes N6.93 Trillion in Questionable Projects Inserted Into Nigeria’s 2026 Budget
A comprehensive analysis by BudgIT, a civic technology organisation promoting transparency in public finance, has uncovered that lawmakers inserted 11,122 unvetted projects worth...
Senegal Starts Countdown to First African Default Since 2023 as $5 Billion Bond Restructuring Looms
Senegal has begun the countdown to what could become Africa’s first sovereign default since Ethiopia reneged on its debts in 2023, after the...
Major Foreign Companies That Have Exited Nigeria in Recent Years
Over the past five years, Nigeria has witnessed an unprecedented exodus of multinational corporations, with more than 70 companies leaving the country between...
Oyedele Claims Nigeria Is on Track for $1 Trillion Economy While Millions Cannot Afford Food
Minister of Finance Taiwo Oyedele has declared that Nigeria is on track to become a $1 trillion economy by 2030, citing 4.43 per...
Ghana Bans Unrefined Gold Exports From September 1 to Boost Domestic Refining
Ghana will ban the export of unrefined artisanal gold dore from September 1, 2026, requiring all such gold to be refined locally before...
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...
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...
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...
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...
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...
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...