Finance
Nigerian Govt. Demands Arrest of Dana Air MD Over Failure to Appear in Court in N1.3 Billion Fraud Case
The Nigerian government has called for the arrest of Hathiramani Ranesh, Managing Director of Dana Air, over his failure to appear in court...
Federal High Court Dismisses MAN’s Case Against Electricity Tariff Hike for Band A
A Federal High Court in Lagos has dismissed a lawsuit by the Manufacturers Association of Nigeria (MAN) over the electricity tariff hike for...
Ruling on Binance Executive’s Bail Application Postponed due to Judge’s Absence
The ruling on the bail application of Tigran Gambaryan, a detained executive of Binance Holdings Limited, was postponed on Wednesday due to the...
Kenya Slashes Interest Rate to 12% as Inflation Eases
Kenya’s Central Bank has slashed its benchmark interest rate by 75 basis points to 12 per cent. This decision was made at a...
Mali Seeks Over 300 Billion CFA from Barrick Gold, Tightens Mining Regulations
Mali’s junta is demanding at least 300 billion CFA from Barrick Gold, the world’s second-largest gold producer. This demand is reportedly part of...
BudgIT Accuses National Assembly Of Inserting N45.36 Billion To Federal College’s 2024 Budget
BudgIT Nigeria has revealed that the National Assembly (NASS) added 182 projects worth N45.36 billion to the 2024 Federal Co-operative College, Ibadan, which...
Zimbabwe Starts $20 Million Payout to Farmers Affected by Mugabe-led Land Invasions in the 2000s
Zimbabwe will pay an initial $20 million this month to farmers whose land was seized during the country’s controversial land reform program in...
Ghana Restructures Over 90 Percent Of External Debt, Says Finance Minister
Ghana has successfully restructured more than 90 per cent of its external debt since the debt restructuring process began in December 2022, according...
Nigeria’s Central Bank Issues New FX Code, Mandates Compliance for Banks and BDCs
Central Bank of Nigeria (CBN) has issued a new Foreign Exchange (FX) code as guidelines mandating compliance for commercial banks and Bureau De...
Despite Multiple Taxes, Tinubu Sends Bill to Establish Nigeria Revenue Service, Other Tax Reforms to National Assembly
President Bola Tinubu has sent four tax reform bills to the National Assembly for deliberation. The bills were introduced during separate plenary sessions...
Court Grants Ex-Taraba Governor N150 Million Bail After Arrest Over N27 Billion Fraud
Former Taraba State Governor, Darius Dickson Ishaku, has been granted bail of N150 million by a Federal Capital Territory (FCT) High Court in...
ECOWAS Bank Indicates Commitment To Continue Financial Relations With Mali, Niger, Burkina Faso Despite ECOWAS Tensions
The ECOWAS Bank for Investment and Development (EBID) has expressed its commitment to maintaining financial partnerships with Mali, Niger, and Burkina Faso, despite...