Finance

BusinessFinanceNewsWorld

World Bank and IMF face accusations of hypocrisy over opposition to Dangote’s East African refinery plan

A fierce debate is brewing across African energy and economic circles after claims emerged that the World Bank and the International Monetary Fund...

EducationFinanceWorld

Tinubu’s Government Says BEA Program Is Discontinued, Yet Budgets N2 Billion for Fresh 300 Scholars

A user on X has sparked outrage after sharing a desperate plea from Nigerian medical and engineering students studying in Russia under a...

FinanceNews

CBN Hikes ATM Card Issuance Fee by 50 Percent to N1,500, Scraps Monthly Maintenance Charge

The Central Bank of Nigeria has increased the fee for the issuance and replacement of Automated Teller Machine debit and credit cards by...

FinanceNewsPolitics

Tinubu’s Financial Strategy for 2027 Elections, Borrow $516m, Hide ₦17bn in Wards, and Keep ₦135bn for the Lawyers

President Bola Tinubu has formally written to the Senate seeking approval to borrow a fresh $516,333,070 external loan. The request arrives just as...

FinanceNewsPoliticsWorld

Nigerians See the Truth, Tinubu’s ₦17 Billion Ward Money Is a Vote Buying Slush Fund

President Bola Tinubu has approved a ₦17 billion Community-Based National Social Action Fund for all 8,804 political wards across the country, an announcement...

FinanceNewsPolitics

Did Tinubu Sack Finance Minister Wale Edun After He Exposed a ₦210 Trillion NNPC Discrepancy and a ₦30 Trillion Revenue Shortfall?

President Bola Tinubu replaced his finance minister, Wale Edun, with Taiwo Oyedele on April 21, 2026, in a cabinet reshuffle that also saw...

FinanceNewsWorld

World Bank Exposes N34 Trillion Hidden Spending as Finance Minister Dismisses Report in Shameful Press Release

The government of Nigeria has been thrown into a deep fiscal crisis following a bombshell World Bank report that exposed a hidden spending...

FinanceNewsWorld

Tinubu’s ‘Renewed Hope’ Delivers Nigeria’s Highest Inflation in West Africa

Nigeria currently has the highest inflation rate in West Africa, according to February 2026 data from Trading Economics. At 15.06%, the country leads...

FinanceNewsWorld

Ghana’s Cedi Records Strongest First Quarter Performance in Years

The Ghanaian cedi has recorded its strongest first quarter performance in over five years, offering a measure of relief for Ghana as it...

FinanceNewsWorld

World Bank Praise for Tinubu Reforms Collides With 63 Percent Poverty Reality in Nigeria

Nigeria’s economic direction under President Bola Tinubu is marked by worsening living conditions, rising poverty, and expanding debt exposure. The latest Nigeria Development...

FinanceNewsWorld

Côte d’Ivoire Ends Customs Visas for Sahel Neighbours Mali and Burkina Faso Amid Trade Route Shifts

Côte d’Ivoire has moved decisively to overhaul its customs procedures with Mali and Burkina Faso, immediately removing the long-standing visa requirement on export...

FinanceNewsPolitics

Tinubu Releases Just 7% of ₦3.3 Trillion to Tackle Ongoing Power Crisis Affecting Millions

President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to resolve long-standing debts in Nigeria’s power sector, as announced in a...