Finance

FinanceNews

Burkina Faso to Recover $59 Million Lost to Public Sector Corruption

The government of Burkina Faso, led by Captain Ibrahim Traoré, has vowed to take firm action to recover over 33 billion CFA francs...

Orano Offices
FinanceNews

Niger Seizes Control of French-Operated Somair Uranium Mine from Orano

Niger’s government has announced the nationalisation of Somaïr, a uranium mining venture operated by French nuclear energy company Orano. The announcement was made...

FinanceNews

Mali Temporarily Seizes Loulo-Gounkoto Mine, One of the World’s Largest, Amid Tax Dispute With Barrick Gold

A court in Mali has placed Barrick Gold’s Loulo-Gounkoto mining complex under provisional administration for six months. The move follows a long-running tax...

Finance

Nigerian Senate Uncovers Over ₦200trn “Missing” in NNPC’s Financial Reports

The Nigerian Senate Committee on Public Accounts has raised alarm over what it describes as “mind-boggling and worrisome” financial discrepancies involving trillions of...

FinanceNews

Following Trump’s Tariff Threats, China Announces Plan to Remove All Import Tariffs for African Countries

China has announced plans to remove all import tariffs for African countries it maintains diplomatic relations, as part of efforts to strengthen trade...

FinanceNews

Nigeria: NGO Accuses SGF, George Akume, of Contract Fraud, Abuse of Office, and Massive Diversion of Public Funds

The Network Against Corruption and Trafficking (NACAT) has accused the Secretary to the Government of the Federation (SGF), Senator George Akume, of awarding...

FinanceNewsWorld

Trump’s ‘Big Beautiful Bill’: US Senator Proposes Increasing Tax on Money Sent Home by Migrants to 15%

United States Senator Eric Schmitt is pushing for a much higher tax on money sent abroad by migrants. On Monday, the Missouri Republican...

FinanceNews

Ghana Places INTERPOL Red Notice on Former Finance Minister Ofori-Atta

Interpol has issued a Red Notice for Ghana’s former finance minister, Ken Ofori-Atta, who is wanted for abuse of public office and corruption....

FinanceNews

Field Check Shows Less Than 30km Completed on Lagos-Calabar Coastal Highway, Contrary to Official Claims

A recent independent investigation has revealed that the Federal Government’s claim of completing 30 kilometres of the Lagos-Calabar Coastal Highway is not accurate....

FinanceNews

Nigeria: Tinubu’s CNG Initiative Faces Growing Backlash Over Poor Infrastructure

The Federal Government’s Compressed Natural Gas (CNG) initiative has come under intense criticism from Nigerians and energy experts over poor infrastructure and operational...

ShopRite malls
Finance

ShopRite’s Empty Shelves, the Story Of Nigeria’s Fading Economy

Once the symbol of modern retail in Nigeria, ShopRite malls across the country are now a stark representation of Nigeria’s dramatic economic decline,...

Reps National
FinanceNews

Nigeria: Over 60% of MDAs Breach Financial Regulations as House of Reps Raises Alarm Over Missing ₦250bn

The Nigerian House of Representatives has expressed concern over the disappearance of more than ₦250 billion in public funds, citing alarming levels of...