Nigerian Federal High Court in Lagos has ordered the forfeiture of over $200,000 (N81.1 million) from funds linked to a massive fraud case involving N2.5 billion at Sterling Bank. The rulin…
Spanish football club FC Barcelona is grappling with a severe financial crisis that has raised alarms about its long-term viability and broader implications for African development.…
A woman declared brain-dead in Uttar Pradesh, India, has made an astonishing recovery after her ambulance hit a pothole on a bumpy road, jolting her body into movement. The incident raises …
Germany has agreed to pay billions of euros to Kenya in reparations for atrocities committed during its colonial rule in the early 20th century. The decision, announced in October, marks a …
Elon Musk has claimed the top spot as the world’s richest person, according to the latest Forbes Billionaires list. The CEO of Tesla, known for his ambitious projects ranging from electric …
Polish President Andrzej Duda has refused to sign a law that would allow Poland to access European defense funds, setting off a political storm in Brussels and Warsaw. The move raises quest…
Gauteng Finance MEC Lebogang Maile has unveiled a new unit tasked with recovering millions of rands in unpaid vehicle licensing fees, marking a significant step towards financial stability …
Africa’s largest bank by assets, Absa Group Limited, has announced an ambitious increase in its technology spending to R16.7 billion ($1.1 billion) over the next three years, marking a sign…
The Nigerian Treasury has announced that the country’s external debt ceiling has been reached, marking a significant milestone in financial management. However, the challenge now lies in tr…
The European Union has announced plans to allocate €2 billion towards boosting industry, defense capabilities, and artificial intelligence (AI) across its member states by the end of this m…
Africa celebrated significant milestones in March as various countries made strides towards achieving their development goals. From infrastructure projects to educational advancements, the …
Joburg residents are up in arms over sudden hikes in electricity bills following changes made by City Power, with many facing unprecedented costs. The new billing system has left thousands …
