Finance
Zimbabwe Starts $20 Million Payout to Farmers Affected by Mugabe-led Land Invasions in the 2000s
Zimbabwe will pay an initial $20 million this month to farmers whose land was seized during the country’s controversial land reform program in...
Ghana Restructures Over 90 Percent Of External Debt, Says Finance Minister
Ghana has successfully restructured more than 90 per cent of its external debt since the debt restructuring process began in December 2022, according...
Nigeria’s Central Bank Issues New FX Code, Mandates Compliance for Banks and BDCs
Central Bank of Nigeria (CBN) has issued a new Foreign Exchange (FX) code as guidelines mandating compliance for commercial banks and Bureau De...
Despite Multiple Taxes, Tinubu Sends Bill to Establish Nigeria Revenue Service, Other Tax Reforms to National Assembly
President Bola Tinubu has sent four tax reform bills to the National Assembly for deliberation. The bills were introduced during separate plenary sessions...
Court Grants Ex-Taraba Governor N150 Million Bail After Arrest Over N27 Billion Fraud
Former Taraba State Governor, Darius Dickson Ishaku, has been granted bail of N150 million by a Federal Capital Territory (FCT) High Court in...
ECOWAS Bank Indicates Commitment To Continue Financial Relations With Mali, Niger, Burkina Faso Despite ECOWAS Tensions
The ECOWAS Bank for Investment and Development (EBID) has expressed its commitment to maintaining financial partnerships with Mali, Niger, and Burkina Faso, despite...
Cote d’Ivoire Cocoa Farmers Demand Higher Pay from Government
Cote d’Ivoire cocoa farmers have demanded higher pay from government amid an increase in the farmgate price for cocoa. The government increased the...
Nigeria’s Minister of Arts Takes $200 Million Loan from Afreximbank to ‘Boost Creative Industry’
Nigeria’s Minister of Arts, Culture, and the Creative Economy, Hannatu Musawa, has secured a $200 million loan from the African Export-Import Bank (Afreximbank),...
Naira Suffers More Depreciation at N1,669/$, After Independence Day Celebration
The Naira has suffered a significant depreciation against the US Dollar upon resumption of trading after Nigeria’s 64th Independence Day holiday. Data from...
Ghana’s Inflation Slightly Increases in September as Food Prices Rise
Ghana’s year-on-year inflation rate has increased to 21.5 per cent in September, up from 20.4 per cent in August. This marks the first...
Kenya’s Inflation Rate Drops to 3.6% in September, Marking a 12-Year Low
Kenya’s inflation rate fell to 3.6 per cent in September 2024, down from 4.4 per cent in August, according to the Kenya National...
Tanzania Mandates Gold Dealers To Be Selling 20% Of Gold To Central Bank Starting Oct. 1
Tanzania’s mining regulator has mandated that all mining companies and traders exporting gold must sell at least 20 per cent of their gold...