Nigeria’s Financial Institutions Face Major Fraud Losses Without Liveness Detection
In 2024, Nigeria's financial sector lost approximately 52.26 billion Naira (US$34.8 million) to fraud, primarily due to fraudulent BVN registrations....
Business
Chevron’s Exit and Economic Turmoil in Venezuela: Implications for Growth and Stability
Venezuela's economy is facing increased risks due to Chevron’s operational exit, currency devaluation, and rising inflation. The depreciation of the...
Egypt Takes Action to Combat Smuggling and Protect Local Industry
Egypt's Prime Minister Mostafa Madbouly met with key ministers to discuss measures to combat smuggling and illicit goods harming local...
Quimbaya Gold Initiates 4,000-Meter Drilling Campaign in Colombia
Quimbaya Gold Inc. has launched a 4,000-meter drilling campaign at its Tahami South property in partnership with Independence Drilling S.A....
Egypt’s Banking Sector Records $5.95 Billion Net Foreign Asset Surplus in November 2024
In November 2024, Egypt's banking sector recorded a net foreign asset surplus of $5.95 billion, a decrease from the previous...
Impact of Below-Normal Rain on Coffee Prices in Brazil
Coffee prices are rising due to below-average rainfall in Brazil, particularly impacting arabica coffee yields. Current data show declining inventories...
Economic Woes Impact Iranian Holiday Season
Shops in Tehran are nearly devoid of customers ahead of the Persian New Year due to severe economic issues, including...
Oscar-Winning Iranian Filmmakers Spotlight Economic Crisis Amid U.S. Sanctions
Filmmakers Shirin Sohani and Hossein Molayemi draw attention to Iran's economic crisis exacerbated by U.S. sanctions. They recently won an...
Ghana’s Potential for US$40 Billion Mobilization Without IMF Dependency
Financial economist Dr. Bernard Tetteh-Dumanya claims Ghana can mobilize US$40 billion without relying on IMF support. He advocates for using...
Ghana Halts Gold-for-Oil Program to Stabilize Economy and Currency
Ghana's central bank has suspended its gold-for-oil program to stabilize the cedi after previous economic volatility. The decision, announced by...
