Finance

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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...

FinanceNews

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...

FinanceNews

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...

Protest Is Democratic Right, I Am Ready To Join Protesters - Says Kano Governor Yusuf
FinanceNews

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...

FinanceNews

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,...

FinanceNews

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 Central Bank Staff Arrested
FinanceNews

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...

FinanceNews

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...

FinanceWorld

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...

FinanceNews

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
FinanceNews

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
FinancePolitics

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...