Finance
Ghana’s Cocoa Production Expected to Increase in 2024/25 Season
Ghana’s cocoa production is expected to increase in the 2024/25 season, according to local farmers and Cocobod officials. The rebound is expected due...
NNPC Dismisses Protests Calling for CEO Kyari’s Resignation, Says He Isn’t Responsible for Fuel Price Hike
The Nigerian National Petroleum Company Limited (NNPCL) has dismissed recent protests demanding the resignation of its Group Chief Executive Officer, Mele Kyari, over...
EFCC Arrests Ex-Delta Gov. Ifeanyi Okowa Over Alleged N1.3 Trillion Oil Fund Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested former Delta State governor Ifeanyi Okowa over allegations of diverting N1.3 trillion from oil...
Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3 Billion Fraud
The Federal High Court in Abuja has ordered the arrest of Dana Air’s managing director, Hathiramani Ranesh, for failing to appear in court...
Court Orders Final Forfeiture of $2 Million and Properties Linked to Former CBN Governor Emefiele
The Federal High Court in Lagos has ordered the final forfeiture of $2.045 million, seven properties, and share certificates tied to Godwin Emefiele,...
33 Million Nigerians at Risk of Suffering Food Crisis by 2025, CH Reports
A report has projected that at least 33.1 million Nigerians will face a food and nutrition crisis between June and August 2025. This...
Northern Nigeria Lost About ₦1.5 Trillion from Recent Blackouts- IHRC
Northern Nigeria has lost an estimated ₦1.5 trillion in economic value over the past week due to widespread blackouts. This is according to...
Senegal’s Prime Minister Sonko Accuses Ex-President Sall’s Official Of Holding Over 1 Trillion CFA In Corruption Scandal
The Prime Minister of Senegal, Ousmane Sonko, has accused a senior official from former President Macky Sall’s administration of holding over 1 trillion...
Three Chinese Nationals, Two Nigerians Arrested for Illegal Mining in Nasarawa Since 2021
Nigeria’s Ministry of Solid Minerals Development reported that three Chinese nationals and two Nigerians were arrested last week for illegal mining. The arrests...
Niger to Build New Oil Refinery to Boost Energy Independence in the Sahel
Nigerien authorities have signed a memorandum of understanding with the Canadian company Zimar to build a new oil refinery and petrochemical complex in...
CBN Dismisses Report of Deadline for Old Naira Notes, Ignores Reps Speed Up Calls
The Central Bank of Nigeria (CBN) has dismissed circulating reports that old Naira notes—specifically the N200, N500, and N1,000 denominations—will cease legal tender...
Reps Urge CBN to Speed Up Circulation of New Naira Notes, Phase Out Old Notes Before January 2025 Deadline
The Nigerian House of Representatives has urged the Central Bank of Nigeria (CBN) to speed up the circulation of newly printed N200, N500,...