Economic

World Bank Warns of Growing Poverty in Nigeria by 2027 2 min read

World Bank Warns of Growing Poverty in Nigeria by 2027

By: Chioma Madonna Ndukwu The World Bank has warned that poverty levels in Nigeria are expected to rise by 3.6 percentage points by 2027....

Mali Shuts Barrick Gold Offices Amid Tax Dispute 2 min read

Economic

Mali Shuts Barrick Gold Offices Amid Tax Dispute

Ollus Ndhomu 8 months ago

By Ollus Ndomu Authorities in Mali have closed the Bamako offices of Canadian mining giant Barrick Gold amid an escalating dispute over alleged unpaid...

Ghana Orders Foreigners Out of Gold Market, Launches State-Controlled Gold Board 2 min read

Economic

Ghana Orders Foreigners Out of Gold Market, Launches State-Controlled Gold Board

Ollus Ndhomu 8 months ago

By Ollus Ndomu Ghana has ordered all foreign nationals out of its gold trading market by the end of April as the country enforces...

WTO Boss Warns US-China Trade War May Cut Goods Trade by 80% 2 min read

WTO Boss Warns US-China Trade War May Cut Goods Trade by 80%

Chioma Ndukwu 9 months ago

By: Chioma Madonna Ndukwu Ngozi Okonjo-Iweala, head of the World Trade Organization (WTO), has warned that the ongoing trade battle between the United States...

ANALYSIS: Trump’s Global Tariff War; Chaos or Calculated Strategy? 3 min read

Economic

ANALYSIS: Trump’s Global Tariff War; Chaos or Calculated Strategy?

Ollus Ndhomu 9 months ago

By Ollus Ndomu Donald Trump has once again disrupted the global economic landscape, this time with a sweeping wave of tariffs that have sent...

Libya Cuts Currency Value for First Time in Four Years Due to Financial Pressure 1 min read

Economic

Libya Cuts Currency Value for First Time in Four Years Due to Financial Pressure

Ollus Ndhomu 9 months ago

By Chinasaokwu Helen Okoro Libya’s central bank devalued the country’s currency by 13.3 per cent on Sunday amid ongoing fiscal strain. The exchange rate...

Zambia Introduces New Banknotes Amid Public and Economic Debate 2 min read

Economic

Zambia Introduces New Banknotes Amid Public and Economic Debate

Ollus Ndhomu 9 months ago

By Ollus Ndomu| Lusaka, Zambia Excitement and debate have gripped Zambia as the Bank of Zambia (BoZ) rolled out new banknotes and coins on...

Niger Strengthens Control Over Oil Industry, Reduces Chinese Influence 2 min read

Economic

Niger Strengthens Control Over Oil Industry, Reduces Chinese Influence

Chioma Ndukwu 9 months ago

By: Chioma Madonna Ndukwu Niger’s government has announced significant reforms to gain more control over its oil sector, which has been heavily influenced by...

South Africa In An Unknown Situation As Budget Splits Coalition Government 4 min read

Economic

South Africa In An Unknown Situation As Budget Splits Coalition Government

Ollus Ndhomu 10 months ago

By Chinasaokwu Helen Okoro South Africa in a new and unknown situation following deep divisions in the coalition government over the national budget that...

Ethiopia: African Leaders Endorsed $20 bln Financial Stability Fund 2 min read

Economic

Ethiopia: African Leaders Endorsed $20 bln Financial Stability Fund

Ollus Ndhomu 10 months ago

By Chinasaokwu Helen Okoro African leaders have approved the establishment of a $20 billion continental financial stability fund, the African Development Bank (AfDB) said,...