Tag: Public Finance

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IMF Raises Alarm Over Budget Transparency Gaps as Nigeria Hides N8.83T in Spending

Business & Economy Bamidele Tolani Bamidele Tolani -
The IMF has warned that Nigeria failed to record public spending equivalent to nearly 2% of GDP, raising concerns over budget transparency and the true scale of government borrowing. The disclosure comes as the country pushes ahead with a record N68.3 trillion budget and fresh external loans.

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Angola Flags 31,000 Suspected Ghost Workers in Civil Service

Explainers & Features 0
Angola has identified 31,000 questionable records in its civil service database, reviving concerns about ghost workers, public payroll controls and government accountability. The discovery comes a decade after an earlier purge removed more than 55,000 suspected ghost employees.

Nigeria Approves 1st National Menstrual Health Policy, WaterAid Urges Implementation

Right & Advocacy 0
Nigeria has approved its first National Menstrual Health Policy,...

Uganda Begins Local Production of HIV Self-Test Kits, Ships 1st Batch to Kenya

Business & Economy 0
Uganda has begun local assembly of HIV self-test kits at a new diagnostics factory in Mukono and shipped its first consignment to Kenya. The company hopes to reduce retail prices from Shs25,000–30,000 to Shs7,000, with full manufacturing planned by 2028.

Gabon oil rig disaster: 3 bodies found inside wreck, 2 still missing

Inside Africa 0
Three bodies have been found inside the wreck of the Prospector 5 jack-up rig off Gabon, while two people remain missing. Investigators are examining a possible seabed failure as the sinking delays BW Energy's MaBoMo Phase 2 campaign

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