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Burkina Faso Government Nationalises Two Gold Mines To End Legal Dispute Between Competing Companies
Burkina Faso has taken control of two major gold mines after reaching an agreement with mining companies Endeavour Mining and Lilium Mining. The...
FinanceWorld
Liberia, Ghana Central Banks Clarify $20 Million Cash Transfer Saga, Dismiss Rumours Of Money Laundering
The Central Bank of Liberia (CBL) and the Bank of Ghana (BoG) have issued statements clarifying the legality of a recent $20 million...
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...
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...
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...
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...
