finance

The Senate Public Accounts Committee has demanded that external auditors justify unexplained balance sheet entries of N210 trillion in NNPC Ltd's 2023 financial statements, rejecting claims of confidentiality and affirming constitutional oversight powers.

Patrick Dlamini, CEO of South Africa's Public Investment Corporation, has been placed on precautionary suspension following whistleblower allegations. The PIC manages over R3 trillion in public sector pension funds.

Goldrush Holdings Limited has disclosed recent securities dealings by a director and an associate of a director, in compliance with regulatory requirements.

The Central Bank of Nigeria has reaffirmed the legal tender status of the standard N100 banknote, warning that refusal to accept it violates the CBN Act and undermines confidence in the national currency.

Tony Elumelu retires as UBA Group Chairman after 15 years, succeeded by Nnorom, marking a leadership transition at one of Africa’s largest banks.

U.S. President Donald Trump declared more than $1.4 billion in income from cryptocurrency ventures in his latest financial disclosures, according to a review of the filings.

Nedbank advances NCBA buyout with regional approvals, Absa Bank Kenya CEO Abdi Mohamed departs, and Family Bank seeks new investors to diversify ownership.