Money

Nigeria Central Bank Hikes Interest Rate to 26.75% Amid Soaring Inflation

The apex bank of Nigeria has increased its benchmark interest rate to 26.75% from 26.25%, marking the fourth rate hike this year as the...

Illicit Banknotes in Eastern Libya Contribute to Dinar Devaluation, Russia Involved

TRIPOLI, Libya – Unofficial Libyan banknotes, some printed by Russia, have been exchanged for real dollars, exacerbating the dinar's devaluation, according to three sources...

Only 1.5 Million Out of 7.9 Million Registered Taxpayers in Ghana Pay Taxes, Says Deputy Finance Minister

Ghana's Deputy Minister of Finance, Dr. Alex Ampaabeng, has revealed that only about 1.5 million out of 7.9 million registered taxpayers in the country...

Ghana Increases Export of Petroleum Products to Neighbouring Countries

The National Petroleum Authority (NPA) of Ghana has expanded its export agreement to include Senegal and Gambia for the importation of petroleum products from...

Nigeria’s Dangote Refinery Seeks Libyan and Angolan Oil Amid Domestic Supply Challenges

Nigeria's Dangote refinery, Africa's largest oil refinery, is in talks with Libya to secure crude oil supplies for its 650,000 barrels per day (bpd)...

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