Finance

S’African Johann Rupert Overtakes Dangote To Become Africa's Richest Man
FinanceNews

S’African Johann Rupert Overtakes Dangote To Become Africa’s Richest Man

South African billionaire Johann Rupert has overtaken Nigeria’s Aliko Dangote to become Africa’s richest person. This is according to the latest Bloomberg Billionaires...

FinanceNews

South Africa Probes $7 Billion Corruption in State-Owned Companies

The Special Investigative Unit (SIU) on Tuesday revealed that it is investigating over $7 billion in alleged corruption across major state-owned companies in...

FinanceWorld

Liberian Government Denies Defaulting On Payments After World Bank Suspends Funding

The Liberian government has denied defaulting on payments after the World Bank suspended the country’s access to funding. The World Bank told FrontPage...

FinanceNews

For Economic Recovery, Nigerian Govt. Must Stop Inconsistent Policies and Weaponising Insecurity- Okonjo-Iweala

Nigeria’s economic growth has been on a downward trend since 2014, according to the World Trade Organisation Director-General Ngozi Okonjo-Iweala. Speaking at the...

FinanceWorld

Senegal Begins Review Of Oil And Gas Contracts With Foreign Companies To Regain Control Of Resources

Senegalese Prime Minister Ousmane Sonko announced the creation of a commission tasked with reviewing and renegotiating contracts with foreign companies, which critics argue...

NNPC Denies Tinubus Involvement In OVH Acquisition Deal
FinanceNews

NNPC Denies Tinubu’s Involvement In OVH Acquisition Deal

Nigerian National Petroleum Company Limited (NNPCL) has denied the involvement of President Bola Tinubu in the controversial acquisition deal of NNPC retail by...

national grid collapse
FinanceNews

Togo, Benin Owe Nigeria $14m For Electricity Supplied In Q1 2024 -NERC Says

The Nigerian Electricity Regulatory Commission (NERC) has revealed that Togo and Benin Republic owe Nigeria $14.19 million for electricity supplied in the first...

FinanceNews

Kerosene Prices in Nigeria Reached New High in July, N2,380 in Some States – NBS

The average retail price of household kerosene in Nigeria hiked to N1,769.86 per litre in July 2024, according to the National Bureau of...

FinanceNews

Access Bank Close To Sealing Acquisition of National Bank of Kenya

Access Bank is nearing the completion of its acquisition of the National Bank of Kenya (NBK) from the KCB Group. The transaction, which...

Nigeria's NIBSS Partners Zone On Blockchain Payment Options
FinanceNews

Nigeria’s NIBSS Partners Zone Ltd On Blockchain Payment Options

The Nigeria Inter-Bank Settlement System (NIBSS), a payment clearing house owned by the Central Bank of Nigeria, or CBN, has joined Africa’s first...

The Kano State Governor, Abba Yusuf, has approved the appointment of three second-class Emirs over the newly created emirates in Rano, Gaya, and Karaye.
FinanceNews

Kano Anti-Corruption Commission To Probe Multi-Billion Naira Drug Contract Scam Involving All 44 LGAs

The Kano State Public Complaints and Anti-Corruption Commission has launched an investigation into an alleged multi-billion naira drug purchase contract scam involving all...

Kenya's Ruto Deploys Pro-Govt Account On X Using AI-generated Music To Influence #RutoMustGo Protesters
FinanceNews

Just In: Kenya’s Supreme Court Allows Ruto to Reinstate Controversial Finance Act That Triggered Protests

The Supreme Court of Kenya has suspended the Court of Appeal’s decision to nullify the Finance Act 2023. This would allow the government...