Finance

FinanceNews

Bitcoin Price Crashes To $54,000 As Mt. Gox Payout Creates Fear   

Bitcoin’s price has fallen below $54,000 after Mt. Gox moved $2.7 billion worth of BTC to a new address, leading to fears of...

FinanceNews

Jeff Bezos To Sell $5 Billion In Amazon Shares As Stock Surges

Amazon founder Jeff Bezos has announced plans to sell another 25 million shares of the technology giant, valued at nearly $5 billion. This...

Kenyan President William Ruto has announced rejecting and withdrawing the contentious Finance Bill, earlier this afternoon. 
FinanceNews

Just In: Ruto Orders Review of Salary Hikes for Ministers, State Officers Following Public Backlash 

Kenyan President William Ruto, on Wednesday afternoon, called for an immediate review of the recent salary increases for state officers. This directive followed...

FinanceNews

Greece Government Introduces Six-Day Workweek To ‘Encourage Productivity’

Greece has become the first European Union country to introduce a six-day working week in an acclaimed effort to improve productivity and employment....

Turkey Inflation Decline
FinanceWorld

Turkey Records First Decline in Inflation in Eight Months

Turkey’s inflation rate has declined for the first time in eight months, according to official data published on Wednesday. This decline reportedly followed...

FinanceNews

World Bank Grants $208 Million for Zambia Drought Relief

The World Bank has approved a $208 million grant to help Zambia cope with the severe social and economic effects of the ongoing...

FinanceNews

Nigeria’s Capital Imports Surged By 210% in Q1 2024

Ngeria’s capital importation rose dramatically by 210.16% in the first quarter of 2024 compared to the previous quarter, reaching $3.38 billion, according to...

Bitcoin Price
FinanceNews

Bitcoin Surges Above $63,000 For The First Time In A Week

Bitcoin has recently surged past $63,000, marking a 5% increase in 24 hours. This significant rise, which had sparked enthusiasm in the crypto...

EU Circle Licence
FinanceNews

Circle Secures Licence To Issue USDC, EURC In EU Nations

Circle, a leading stablecoin issuer, has become the first global company to receive an Electronic Money Institution (EMI) licence under the European Union’s...

Nigeria's Debt Rises To N121 Trillion For The First Time Ever - DMO
FinancePolitics

Nigeria’s Debt Rises To ₦121 Trillion For The First Time Ever – DMO

Nigeria’s Debt-to-Gross Domestic Product (GDP) ratio has surpassed 50% for the first time as the Debt Management Office (DMO) released a report on...

FinanceNews

SERAP Gives CBN 7 Days To Explain Missing N100bn, Unfinished Projects

Socio-Economic Rights and Accountability Project (SERAP) has urged Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), to account for the over...

FinanceWorld

IMF Approves $360 Million For Ghana After Second Review

On Friday, the International Monetary Fund (IMF) approved the second review of Ghana’s $3 billion loan program, allowing an immediate release of approximately...