Money

Ghana’s Cedi Depreciates 19.5% Against Dollar, Driving National Debt to GH¢742bn in First Half of 2024

The Bank of Ghana has revealed a troubling trend in the country's currency market, with the Ghana cedi depreciating by approximately 19.6% against the...

Leonardo DiCaprio’s Eco-Friendly Shoe Investment Faces Financial Struggles, Loses £2.7 million

Hollywood superstar Leonardo DiCaprio's foray into eco-friendly fashion has hit a rough patch, as his investment in the British vegan shoe brand Wild Loci...

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...

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