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Gold Prices Soar To An All-time High as Dollar Weakens
Gold prices soared to an all-time high on Friday, reaching $2,500.99 per ounce as the dollar weakened and expectations grew for a United...
FinanceNews
Liberia: 3 Central Bank Staff Arrested For Illegal Transfer Of Over $900K To International Bank
Three employees of the Central Bank of Liberia (CBL) have been arrested and are under police investigation for allegedly transferring $961,777 illegally. During...
FinanceNews
Ghana’s Inflation Rate Reduces to 20.9% in July
Ghana has continued its inflation slowdown for the fourth straight month since April. According to data from the Ghana Statistical Service, inflation has...
FinanceWorld
Bank of Ghana Releases Draft Guidelines To Regulate Cryptocurrencies, Asks Public For Recommendations
The Bank of Ghana (BoG) has released draft guidelines to regulate cryptocurrencies (like Bitcoin and Tether) and digital assets. BoG noted that the...
FinanceNews
Just In: Nigeria’s Food Inflation Increases by 12% in One Year, Headline Inflation Drops by 0.8% in July – NBS
Nigeria’s headline inflation rate eased slightly to 33.40 per cent in July 2024, down from 34.19 per cent in June 2024. This...
FinanceNews
Nigeria’s Crude Oil Production Rises to 1.3 Million Bpd, But Falls Short of OPEC’s Production Quota
The Organisation of Petroleum Exporting Countries (OPEC) has reported that Nigeria’s crude oil production increased to 1.307 million barrels per day (bpd) in...
FinancePolitics
Wife Of Binance Nigerian-detained Executive, Yuki Demands Husband’s Release On Humanitarian Ground
Yuki Gambaryan, the wife of the Binance Executive detained in Nigeria, has, on humanitarian grounds, demanded the immediate release of her husband, Tigran...
FinanceNews
NDIC Commences Payout to Heritage Bank Depositors with Balances Above N5 Million
The Nigeria Deposit Insurance Corporation (NDIC) has initiated payments to Heritage Bank depositors with balances exceeding N5 million. This follows the Central Bank...
FinancePolitics
Kano APC Has Called Tinubu To Arrest Me For Informing Northerners – Satirist Dan Bello
Bello Galandanchi, popularly known as Dan Bello through his satirist skitmaking, has responded to the Kano Chapter of the All Progressives Congress (APC)...
FinanceNews
Kano Government Files Fresh ₦57.4 Billion Fraud Charges Against Ex-Gov. Ganduje, 3 Others
The Kano State Government has filed new fraud charges against former Governor Abdullahi Ganduje, his Commissioner for Local Government, Murtala Garo, and two...
FinanceNews
Mozambique’s Ex-Finance Minister Convicted in $2 Billion Fraud Scandal
Former Mozambican Finance Minister Manuel Chang has been convicted by a federal jury in Brooklyn, New York. This is owing to his role...
FinanceNews
Ghana Opens First Gold Refinery To Boost Revenue
Ghana, Africa’s leading gold producer, opened its first commercial gold refinery on Thursday. The Royal Ghana Gold Refinery, situated in Accra, can refine...