Finance
Over 800,000 out of 1m Cedis Missing From Sale of Application Forms For Ghana School Feeding Program, Report Says
The Ghanaian Auditor-General’s report for 2022 has revealed that the sum of GH¢831,776 from the sale of forms for selecting caterers for the...
Sitting U.S. Senator Found Guilty Of Corruption Charges, Called to Resign
United States Senator Robert Menendez has been convicted of all 16 federal corruption charges. This was after a New York jury deliberated for...
Cocoa: Ghana’s Cocobod Reports First Profit in Seven Years After Restructuring Debt
Ghana’s cocoa marketing board, Cocobod, has reported a profit of 2.3 billion cedis ($149.84 million) for the 2022/23 fiscal year, as revealed by...
FBI Arrests Kingsley Inegbedion For $1.5 Million Fraud; Accomplice Efemena Igbe Flees To Nigeria
The Federal Bureau of Investigation (FBI) has charged Nigerian tech entrepreneurs Kingsley Inegbedion and Efemena Igbe with a 16-count indictment for internet fraud...
Ghana Records Significant Reduction In Number Of Youths Not In Education, Employment, Or Training
Ghana recorded a significant reduction in the number of youths not in education, employment, or training (NEET) in the third quarter of 2023....
Binance Executive Gambaryan Appears In Court In Wheelchair
Binance Holdings Limited executive Tigran Gambaryan was brought to the Federal High Court in Abuja on Tuesday in a wheelchair. Gambaryan faces money...
ECOWAS Provides Humanitarian Aid To Benin’s 2022 Flood Victims
The Economic Community of West African States (ECOWAS) has begun providing humanitarian aid to victims of the 2022 floods in Benin. The project,...
Sri Lanka Slashes Electricity Tariffs By Over 22.5%
The Public Utilities Commission of Sri Lanka (PUCSL) has approved a substantial reduction in electricity tariffs. Effective midnight on July 15, 2024, electricity...
CBN Sidelines BDCs From $122.67M Forex Allocation, Association Head Says
The Central Bank of Nigeria (CBN) has sidelined Bureau De Change (BDC) operators from its latest allocations. This was disclosed by Aminu Gwadebe,...
Nigerian Govt. Spends N16bn On Forex For International Trips In One Year
The Tinubu-led administration has spent about N16.06 billion on foreign currencies for international trips from June 2023 to May 2024. This is according...
Nigeria’s Inflation Hits New High Of 34.19% Due To Escalating Food Prices
Nigeria’s inflation rate reached a new high of 34.19% in June 2024, according to the data published by the National Bureau of Statistics...
U.S. Inflation Drops To 3% In June As Gas Prices Fall
The U.S. inflation rate decreased to 3.0% in June due to falling gas prices, which reportedly offset rising housing costs. The latest data...