finance

The increasing frequency of extreme weather events has driven up the cost of response, mitigation and adaptation to climate change. Ahead of the global climate summit which kicks off in Azerbaijan on Monday, countries are being urged to…

South Africa's former finance and labour minister and first Black central bank governor Tito Mboweni has died aged 65 following a brief illness, the presidency said. Mboweni was an anti-apartheid activist as a student who later became…

South Africa's President urged world leaders, gathered for the COP28 in, to do more for venerable countries that disproportionately bear of impact of the climate crisis. "African countries are among the most vulnerable to the effects of…

The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has said that the SEC will be focusing on infrastructure financing via the capital market in the new year. Yuguda made the disclosure at the third quarter post…

Kenyan President William Ruto has enacted a contentious new finance bill which will see the introduction of new taxes, amidst fierce criticism from the opposition and public. Announced by the presidency on Monday, the bill will see an…

The Lagos State Government has signed an agreement aimed at providing sustainable finance to the commodities ecosystem through the generation of tradable financial instruments. The State through the Ministry of Agriculture signed…

Japan's finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday. The warning comes just as markets test whether the central bank can keep interest rates ultra-low, allowing the…

Ghana's ruling party lawmakers have called for the sacking of the country's finance minister, adding pressure on the government to deal with record inflation. President Nana Akufo-Addo has come under fire as Ghanaians face 37 percent…

Hundreds of women's lives could be in danger if the UN proceeds with a plan to close the Mingkaman reproductive health clinic in South Sudan's Lakes State. The lone facility serves more than 200, 000 people, mostly those displaced the…

Representatives of 24 African countries are calling on developed countries to meet their financial commitments to help the continent adapt to climate change ahead of the UN World Climate Conference (COP27) scheduled to take place in Egypt…