Rhoda Onuzulike

Ghana has reached a new agreement with large-scale mining companies to purchase 30 percent of their gold output beginning July 1, as the country moves to strengthen its foreign exchange reserves and expand local gold refining capacity. The announcement was made by the government on Thursday as part of efforts...

China’s central bank has authorised Standard Bank and the Industrial and Commercial Bank of China (ICBC) to provide Renminbi (RMB) clearing services across Africa, marking a significant step in Beijing’s efforts to expand the international use of its currency. The approval, granted by the People’s Bank of China...

The Lagos State Government has announced plans to demolish all distressed buildings in the Alakija area following the collapse of a two-storey building that claimed nine lives and left 27 others rescued. The decision was disclosed by the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, during an...