Finance

FinanceNews

Nigerian Banks Shut Down 229 Branches as Cost Pressures and Digital Shift Deepen

Nigeria’s banking sector has witnessed a significant contraction, with commercial banks shutting down a combined 229 branches across the country, reflecting rising operational...

FinanceNewsWorld

Gold Price Rally Lifts Ghana and Zimbabwe Currencies

A sustained rally in global gold prices has strengthened the currencies of Ghana and Zimbabwe, offering rare financial relief for both countries after...

FinanceNewsWorld

Gold Sector Revival Expected to Drive Mali Growth Next Year

The International Monetary Fund has projected that Mali’s economy will return to growth in 2026, driven largely by a recovery in gold production...

FinanceNews

Burned Files, Altered Laws: The Growing Pattern of Disappearing Records Under Tinubu

A fire outbreak at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Saturday, December 20, 2025, has reignited public...

FinanceNews

Tinubu Government’s Fiscal Secrecy, Revenue Failure and New Tax Push Expose Broken Economic Management

For nearly a full fiscal year, the Federal Government, led by President Bola Tinubu, has stopped releasing critical fiscal documents that Nigerians are...

FinanceNewsWorld

Namibia’s Mining Revenue Shifts from Diamonds to Gold and Uranium

Namibia’s mining revenue landscape is undergoing a significant transformation, with income from gold and uranium overtaking diamond earnings following a sharp downturn in...

FinanceNewsWorld

Ivory Coast Secures Higher Mining Revenue as Companies Fall in Line

Mining companies operating in the Ivory Coast have begun paying higher royalties following months of resistance to a new fiscal policy introduced by...

FinanceNewsWorld

Mali Returns Seized Gold to Mining Firm After $400 Million Settlement

Mali has returned roughly 400 million dollars worth of gold to a foreign mining operator, bringing a prolonged dispute over resource control and...

FinanceNewsWorld

Mali, Burkina Faso and Niger Launch Regional Investment Bank to Fund Sahel Development

Mali, Burkina Faso and Niger have jointly launched a new regional investment bank with a capital base of 500 billion CFA francs, equivalent...

FinanceTechnologyWorld

Tinubu, FIRS Face Backlash Over Contradictions in France Tax MoU as Clarification Memo Fails to Justify ‘Advice Without Data or Services’

Fresh questions have emerged over the Memorandum of Understanding (MoU) between Nigeria’s Federal Inland Revenue Service (FIRS) and France’s Direction Générale des Finances...

FinanceTechnologyWorld

Tinubu Under Scrutiny as FIRS–France Partnership Sparks Fears of External Influence

For many Nigerians, the news that the Federal Inland Revenue Service has entered a new partnership with the French tax authority felt less...

FinanceNewsWorld

IMF Flags Bondholder Concerns as Senegal Faces Deepening Debt Troubles

The International Monetary Fund has acknowledged rising worries among global investors about Senegal’s debt situation as discussions over a new support package continue....