Finance

Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization
FinanceNews

Okonjo-Iweala Set to Secure Second Term as WTO Director-General

Nigeria’s Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation, is set to secure a second term as Director-General without facing any opposition....

Burkina Faso Officials Embezzling
FinanceNews

Burkina Faso Authorities Arrest 2 Officials for Embezzling Billions in Humanitarian and Agricultural Funds

Two public officials accused of embezzling several billion CFA francs have been taken into custody, according to Burkina Faso’s public prosecutor at the...

FinanceNews

Abia Governor Otti: We’ve Cleared N90 Billion of Inherited N191 Billion Debt Without Borrowing

Governor Alex Otti of Abia State reported that his administration cleared N90 billion of the N191 billion debt inherited in May 2023 without...

FinanceNews

Ghana’s Cocoa Production Expected to Increase in 2024/25 Season

Ghana’s cocoa production is expected to increase in the 2024/25 season, according to local farmers and Cocobod officials. The rebound is expected due...

FinanceNews

NNPC Dismisses Protests Calling for CEO Kyari’s Resignation, Says He Isn’t Responsible for Fuel Price Hike

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed recent protests demanding the resignation of its Group Chief Executive Officer, Mele Kyari, over...

EFCC Okowa
FinanceNews

EFCC Arrests Ex-Delta Gov. Ifeanyi Okowa Over Alleged N1.3 Trillion Oil Fund Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested former Delta State governor Ifeanyi Okowa over allegations of diverting N1.3 trillion from oil...

FinanceNews

Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3 Billion Fraud  

The Federal High Court in Abuja has ordered the arrest of Dana Air’s managing director, Hathiramani Ranesh, for failing to appear in court...

FinanceNews

Court Orders Final Forfeiture of $2 Million and Properties Linked to Former CBN Governor Emefiele

The Federal High Court in Lagos has ordered the final forfeiture of $2.045 million, seven properties, and share certificates tied to Godwin Emefiele,...

Inflation
FinanceFood

33 Million Nigerians at Risk of Suffering Food Crisis by 2025, CH Reports

A report has projected that at least 33.1 million Nigerians will face a food and nutrition crisis between June and August 2025. This...

FinanceNews

Northern Nigeria Lost About ₦1.5 Trillion from Recent Blackouts- IHRC

Northern Nigeria has lost an estimated ₦1.5 trillion in economic value over the past week due to widespread blackouts. This is according to...

FinanceNews

Senegal’s Prime Minister Sonko Accuses Ex-President Sall’s Official Of Holding Over 1 Trillion CFA In Corruption Scandal

The Prime Minister of Senegal, Ousmane Sonko, has accused a senior official from former President Macky Sall’s administration of holding over 1 trillion...

Chinese Illegal Mining
FinanceNews

Three Chinese Nationals, Two Nigerians Arrested for Illegal Mining in Nasarawa Since 2021

Nigeria’s Ministry of Solid Minerals Development reported that three Chinese nationals and two Nigerians were arrested last week for illegal mining. The arrests...