Finance

FinanceNews

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...

FinanceWorld

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...

CBN Issues New FX Code, Mandates Compliance for Banks and BDCs
FinancePolitics

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...

FinanceNews

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...

FinanceNews

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...

FinanceWorld

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...

FinanceNews

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...

FinanceNews

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),...

The Naira has suffered a significant depreciation against the US Dollar upon resumption of trading after Nigeria's 64th Independence Day holiday.
FinanceNews

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...

FinanceNews

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 Drops to 3.6% in September,
FinanceNews

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 Gold
FinanceWorld

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...