Economy

By John Ikani  Ghana's year-on-year inflation rose to 40.4 per cent in October from 37.2 per cent in September, the Ghana Statistical Service (GSS) has announced. The new rate which is compared to 37.2 percent recorded...

By Enyichukwu Enemanna Governor of Kaduna State, Nasir El-Rufai has attributed the financial distress of many states of the federation to the failure of the state oil company, the Nigerian National Petroleum Company (NNPC) Limited to...

By John Ikani  Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter to employees on Wednesday. The job cuts come as Meta confronts a range...

By Oyintari Ben London copper prices dropped on Monday after the previous day saw their greatest increase in over 14 years, as prospects for a resurgence in demand faded after major user China reiterated its tough...

By Oyintari Ben The United States Government has set a date for restrictions on accepted legal tender US Dollar notes, beginning on January 31, 2023. This was in response to the recently concluded extraordinary meeting of...

By John Ikani The Bank of England (BoE) raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation. The BoE increased...