Finance
Just In: Cooking Gas Prices Increased in Nigeria by Over 55% In One Year, NBS Reports
The National Bureau of Statistics (NBS) has reported a steep rise in cooking gas prices across Nigeria. The cost of refilling a 12.5kg...
Just In: Days After Condemning Killing of Peaceful Protesters, Police Summon NLC President Over ‘Terrorism Financing, Subversion, Cybercrime’
The Nigeria Police Force has summoned Joe Ajaero, the President of the Nigeria Labour Congress (NLC), for questioning. This is over allegations including...
Libya’s Central Bank Resumes Operations After Kidnapped Official Freed
Libya’s apex bank, the Central Bank of Libya (CBL), has resumed operations following the release of Musaab Muslamm, the head of its information...
Kano Governor Denies Awarding Drug Supply Contract To 44 LGAs
Kano State Governor Abba Yusuf has denied any knowledge of a recent contract allegedly awarded for the supply of drugs to the state’s...
Some Pensioners Receive as Low as N500 Monthly – Nigeria Union of Pensioners Laments
The Nigeria Union of Pensioners (NUP) revealed that some retirees in Nigeria receive monthly pensions as low as N500 to N3,500. Alhassan Musa,...
Gold Prices Soar To An All-time High as Dollar Weakens
Gold prices soared to an all-time high on Friday, reaching $2,500.99 per ounce as the dollar weakened and expectations grew for a United...
Liberia: 3 Central Bank Staff Arrested For Illegal Transfer Of Over $900K To International Bank
Three employees of the Central Bank of Liberia (CBL) have been arrested and are under police investigation for allegedly transferring $961,777 illegally. During...
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...