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AngloGold Ashanti Reports Strong Q3 Earnings Surge

AngloGold Ashanti Reports Strong Q3 Earnings Surge

AngloGold Ashanti plc, a global gold mining company with a significant presence across four continents, posted a remarkable $236 million in headline earnings for the third quarter of 2024, marking a significant turnaround from a

Business
Cybersecurity expert calls for digital accuracy in West Africa

Cybersecurity expert calls for digital accuracy in West Africa

The President for Women in Cyber Security for West Africa, Olayinka Naa Dzama Wilson-Kofi, has asked cyber security professionals to champion accuracy and security in the digital space. She said it was important for professionals

Business
Ghana’s Insurance sector records 22% asset growth as investment strategies shift

Ghana’s Insurance sector records 22% asset growth as investment strategies shift

Ghana's insurance industry reported robust 22% growth in investment assets in 2023, bringing total assets to GH₵10.5 billion, up from GH₵8.6 billion in 2022, according to the Bank of Ghana’s 2023 Financial Stability Review. The

Business
Nigeria to Get Off Grey List by May 2025 – CBN

Nigeria to Get Off Grey List by May 2025 – CBN

The Central Bank of Nigeria (CBN) has announced that the apex bank is engaging at the highest level to facilitate Nigeria’s removal from the Financial Action Task Force’s (FATF) “grey list,” an anti-money laundering watchlist, by

Business
Nigeria’s Naira Falls to Record Low as Dollar Liquidity Plunges by 72%

Nigeria’s Naira Falls to Record Low as Dollar Liquidity Plunges by 72%

Nigeria’s local currency fell the most in about two weeks to a record low, after a steep drop in dollar liquidity in the foreign exchange market. The naira weakened 4.3%, the most since Oct. 15,

Business
We have 500m liters, marketers not buying our products – Dangote

We have 500m liters, marketers not buying our products – Dangote

Aliko Dangote, President of Dangote Group, confidently declared on Tuesday that his refinery has more than enough capacity to meet local gasoline demand, pointing out that around 500 million litres of fuel remain uncollected by

Business
FirstBank Ghana launches SME Fair to empower local entrepreneurs

FirstBank Ghana launches SME Fair to empower local entrepreneurs

FirstBank Ghana has launched the 2024 edition of its SME Fair at the Atomic Junction Branch, creating an exceptional platform for its Small and Medium-sized Enterprise (SME) customers to showcase their products and services. This

Business
Lagos tops as 36 states, FCT record N2.43trn IGR

Lagos tops as 36 states, FCT record N2.43trn IGR

Thirty-six states and the Federal Capital Territory (FCT) received a total of N2.43 trillion as Internally Generated Revenue (IGR) in 2023, indicating a growth rate of 26.03 percent from N1.93 trillion recorded in 2022, according

Business
MTN Ghana holds Executive Business Breakfast

MTN Ghana holds Executive Business Breakfast

MTN Ghana has held one of its business series, the MTN Executive Business Breakfast, at the Labadi Beach Hotel in Accra. The event, held under the theme "Bridging the Skills Gap," was aimed at strengthening

Business
Ghana to record end-year inflation of 15.0% in 2024 – IMF

Ghana to record end-year inflation of 15.0% in 2024 – IMF

Ghana is expected to record an average inflation of 19.5% in 2024, the International Monetary Fund (IMF) has revealed. In its World Economic Outlook, it also predicted an end-year inflation of 15% for the country.