Finance
Ghana’s Inflation Rate Reduces to 20.9% in July
Ghana has continued its inflation slowdown for the fourth straight month since April. According to data from the Ghana Statistical Service, inflation has...
Bank of Ghana Releases Draft Guidelines To Regulate Cryptocurrencies, Asks Public For Recommendations
The Bank of Ghana (BoG) has released draft guidelines to regulate cryptocurrencies (like Bitcoin and Tether) and digital assets. BoG noted that the...
Just In: Nigeria’s Food Inflation Increases by 12% in One Year, Headline Inflation Drops by 0.8% in July – NBS
Nigeria’s headline inflation rate eased slightly to 33.40 per cent in July 2024, down from 34.19 per cent in June 2024. This...
Nigeria’s Crude Oil Production Rises to 1.3 Million Bpd, But Falls Short of OPEC’s Production Quota
The Organisation of Petroleum Exporting Countries (OPEC) has reported that Nigeria’s crude oil production increased to 1.307 million barrels per day (bpd) in...
Wife Of Binance Nigerian-detained Executive, Yuki Demands Husband’s Release On Humanitarian Ground
Yuki Gambaryan, the wife of the Binance Executive detained in Nigeria, has, on humanitarian grounds, demanded the immediate release of her husband, Tigran...
NDIC Commences Payout to Heritage Bank Depositors with Balances Above N5 Million
The Nigeria Deposit Insurance Corporation (NDIC) has initiated payments to Heritage Bank depositors with balances exceeding N5 million. This follows the Central Bank...
Kano APC Has Called Tinubu To Arrest Me For Informing Northerners – Satirist Dan Bello
Bello Galandanchi, popularly known as Dan Bello through his satirist skitmaking, has responded to the Kano Chapter of the All Progressives Congress (APC)...
Kano Government Files Fresh ₦57.4 Billion Fraud Charges Against Ex-Gov. Ganduje, 3 Others
The Kano State Government has filed new fraud charges against former Governor Abdullahi Ganduje, his Commissioner for Local Government, Murtala Garo, and two...
Mozambique’s Ex-Finance Minister Convicted in $2 Billion Fraud Scandal
Former Mozambican Finance Minister Manuel Chang has been convicted by a federal jury in Brooklyn, New York. This is owing to his role...
Ghana Opens First Gold Refinery To Boost Revenue
Ghana, Africa’s leading gold producer, opened its first commercial gold refinery on Thursday. The Royal Ghana Gold Refinery, situated in Accra, can refine...
Russia Legalizes Crypto Payments for International Trade to Counter Sanctions
Russia’s lower parliament has approved a new law allowing the use of cryptocurrencies for international payments. The law is set to take effect...
Egypt Capitalises On Falling Wheat Prices With Massive Purchase
Egypt’s state-run grain buyer, General Authority for Supply Commodities (GASC), has announced plans to buy up to 3.8 million tons of wheat through...