Economy

By Enyichukwu Enemanna Guinea has banned the export of unrefined gold as it hopes to promote domestic processing of the precious metal to boost revenue and create jobs. The policy which takes immediate effect comes after...

By Enyichukwu Enemanna Iran on Saturday announced that it would again close the vital Strait of Hormuz shipping lane, over Israel’s attacks in Lebanon, saying they represent a violation of its deal with the United States...

By Enyichukwu Enemanna The New Development Bank (NDB), a multilateral lender established by members of BRICS bloc has approved a $1 billion loan to assist South Africa in modernising its critical municipal infrastructure, with a particular...

By Enyichukwu Enemanna International Monetary Fund (IMF) staffers have arrived Dakar, the capital of Senegal where they are expected to hold more talks with authorities, amidst growing conviction among investors that the West African country is...

By Enyichukwu Enemanna Zimbabwe's government on Friday announced that it will bring the largely informal cryptocurrency market under a regulatory oversight, which will require operators to formalise their registration and pay annual dues. Businesses involved in...

By Emmanuel Nduka Elon Musk has become the first person in history to amass a fortune exceeding $1 trillion, after the blockbuster public listing of SpaceX sent his wealth soaring to unprecedented levels and cemented his...