Goddy Ikeh
Ghana’s Minister of Finance, Dr Cassiel Ato Forson, has said that Ghana lost an estimated $1.2 billion in gold revenue in 2022 due to smuggling.
The price of OPEC basket of 12 crudes stood at $75.11 a barrel on Monday, March 24, 2025, compared with $74.91 the previous day, according to OPEC Secretariat calculations.
On the 17th of March 2025, ECOWAS Commission Vice President Damtien Tchintchibidja, participated in a High-Level meeting of the African Women Leaders Network (AWLN) Group of Friends to the United Nations in New York.
Africa’s leading Multilateral Financial Institution, African Export-Import Bank (Afreximbank), made history today when it broke ground on its first-ever state-of-the-art Afreximbank African Trade Centre (AATC) in the Caribbean, marking a pivotal moment for trade relations between Africa and the CARICOM region.
The United Bank for Africa (UBA) Plc has reported a profit before tax of N803.73bn for the 2024 financial year, driven by solid core earnings and improved operational efficiency.
The Nigerian equity market rebounded on Monday reverses the losses recorded last week with a gain of N369 billion as the All-Share Index rose by 0.56 per cent to close at 105,551.39 points.
The Nigerian Electricity Regulatory Commission (NERC) says that the indebtedness of Benin Republic and Togo to Nigeria for the electricity consumed in the fourth quarter of 2024 was $8.84 million,
Many eminent Nigerians, including former governors and past public office holders have expressed fears over the falling standards and abuse of democratic principles in Nigeria and many African countries.
Lagos is set to welcome top music business leaders, celebrities, business executives, and creative industry professionals from around the world as All Africa Music Awards, AFRIMA, partners with bridgeAfric, and UNESCO to host the Showbiz101 Global Workshop and Music Creation Camp.
Ghana is capitalising on its gold exports to drive economic growth, with revenues increasing to $11.6 billion in 2024 – a 52.6% increase from the $7.6 billion recorded in 2023. Gold exports accounted for 57% of the country’s total export revenue, solidifying the industry’s role as a key contributor to GDP expansion. Notably, small-scale miners contributed $5 billion to the sector’s export revenue.