Finance

FinanceNews

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...

FinanceNews

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...

FinanceNews

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...

FinanceNews

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 NASS 2024 Budget
FinanceNews

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...

FinanceNews

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...

FinanceWorld

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...

CBN Issues New FX Code, Mandates Compliance for Banks and BDCs
FinancePolitics

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...

FinanceNews

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...

FinanceNews

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...

FinanceWorld

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...

FinanceNews

Cote d’Ivoire Cocoa Farmers Demand Higher Pay from Government

Cote d’Ivoire cocoa farmers have demanded higher pay from government amid an increase in the farmgate price for cocoa. The government increased the...