First Independent Mena Newspaper
Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based Henley & Partners that reveals that the ‘Big 5’ wealth markets in Africa — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for a significant 56% of Africa’s […]
The Central Bank of Nigeria said (26 August) it has made US$ 265 million available for release to international airlines shortly after the Dubai-based Emirates airline announced that it has put a hold on flight operations in and out of Nigeria due to its inability to repatriate funds from the West African country. The money […]
In Nigeria, a court has ordered the imminent seizure of $40 million worth of jewellery and a customized gold iPhone belonging to former oil minister Diezani Alison-Madueke, the country’s anti-graft agency said. The items, including hundreds of bangles, rings, earrings, necklaces and watches, were found at a property owned by Alison-Madueke, the Economic and Financial […]