Finance
Guinea Bans Unrefined Gold Exports in Push for Local Processing, Following Zimbabwe’s Lithium Move
Guinea has imposed a ban on the export of unrefined gold, joining a growing list of African nations seeking to extract greater value...
Ghana Records Africa’s Highest Lending Rate Despite Sharp Policy Rate Cuts, AfDB Report Shows
Ghana has been ranked as the African country with the highest lending rate despite recording significant reductions in its policy rate over the...
Nigeria’s Revenue Surges 49% as Poverty Hits 63%, Exposing Deep Economic Contradiction
Nigeria’s tax revenue jumped 49 percent in the first five months of 2026, reaching N15.8 trillion, driven by sweeping tax reforms and new...
Sierra Leone Shuts Down Only Privately Owned Indigenous Bank After Years of Failed Recovery
Sierra Leone’s central bank on Wednesday ordered the permanent closure of Union Trust Bank, the West African nation’s only privately owned indigenous commercial...
Nearly 200,000 Nigerians Access Pension Savings Early Following Unemployment Under Tinubu Administration
Almost 200,000 Nigerian workers have been forced to withdraw from their pension savings over the past five years after losing their jobs. This...
Three Years of Tinubu, Manufacturers Say Policies Have Not Delivered Industrial Growth
Three years after President Bola Tinubu assumed office, Nigeria’s manufacturers have delivered a sobering verdict: the ambitious reforms have yet to translate into...
Ghana’s Gold Output Surges 23 Percent to Nearly 6 Million Ounces in 2025 as Small Scale Miners Take the Lead
Ghana’s gold production surged 23.41 percent in 2025, reaching 5.94 million ounces from 4.82 million ounces in 2024, in a historic shift driven...
5 Foreign Giants Own Ghana’s Gold, but Ghanaians Own Nothing
Ghana is rich in gold. But a viral post on social media has ignited a fierce debate over who truly owns that wealth,...
World Bank Cancels $717 Million After Tinubu Government Took $796 Million to Fix Electricity Yet Most Nigerians Still in Darkness
In a devastating blow to Nigeria’s already crippled power sector, the World Bank has cancelled $717.7 million in undisbursed electricity loans. The decision...
Bank of Ghana Suspends Planned 0.75% Mobile Money Transfer Fee
The Bank of Ghana has suspended a proposed 0.75 percent fee on direct transfers from mobile money wallets to bank accounts, directing Mobile...
Tinubu’s Government Demands New Tax ID for Every Nigerian While Bandits Keep Kidnapping, Hunger Bites, and Electricity Dies
Just as families across Nigeria are burying loved ones killed by bandits and counting ransom payments that have drained generational savings, the administration...
AES Pushes Resource Control as Niger Secures $1 Billion Oil Pact With China
Niger’s military led government has signed a sweeping series of oil agreements with Chinese energy firms, marking a major strategic pivot for the...