Sunday, May 4, 2025

Business

Anthrax Outbreak: Minority urges finance ministry to release funds

The National Democratic Congress Members on the Health Committee of Parliament, have called on the Ministry of Finance to release money to aid the Food and Drugs Authority to continue to perform its expected mandate.  Addressing the Parliamentary Press Corps...

COCOBOD on course to achieve goals of Ghana Cocoa Traceability System (GCTS) – Dr Opoku

Dr. Emmanuel Opoku, Deputy Chief Executive in charge of Operations at Ghana Cocoa Board (COCOBOD), says Ghana would continue to sell cocoa to the European Union considering the significant progress made in efforts to achieve the goals of the...

Wema Bank will reward clients with a N90 million promotion.

Wema Bank Plc has launched of the 3rd season of its 5 for 5 promo which is aimed at recognising and rewarding customers across Nigeria for their unwavering loyalty to the bank. The promo, which commenced at the weekend, will...

In 6 months, 10 Brokerage Companies Trade N829.96 Billion Shares

Ten brokerage firms facilitated transactions valued at N829.962 billion on the Nigerian Exchange (NGX) in the first six months of the year. According to the Broker Performance Report for June 30, 2023, this translates to 57.01 per cent of the...

GCB Bank shareholders give Board approval to raise GHS 1 billion to boost capital

Shareholders of State-Owned Bank, GCB, has authorised the board to raise GHS1 billion to shore up its capital in a vote of confidence of management efforts in a difficult operating environment.  In a special resolution passed during the bank’s 29th Annual...

Let’s promote and use local seeds – NASTAG

Dr Amos Rutherford Azinu, President of the National Seed Trade Association of Ghana (NASTAG) has encouraged farmers in need of maize seed to adopt and adapt local brands that were available and more affordable.  Dr Azinu made the call in...

Afreximbank launches insurance company to address trade risks in Africa

The African Export-Import Bank (Afreximbank) has launched its wholly owned insurance management services subsidiary, AFREXInsure, to assist in optimally managing related risks for the trade and commerce sector in Africa. Established in 2021, AFREXInsure, a single-entry point for all specialty...

Nigerian banks experience strong revenue increase thanks to fintech

Nigerian banks reported remarkable revenue growth in Q1 2023, with ₦96.483 billion ($122,694,806) generated from electronic businesses. The remarkable growth is attributed to the increasing adoption of fintech solutions, resulting in a significant 23.84% increase, compared to the  ₦77.907 billion ($99,010,408)...

We’ll fully comply with Central Bank’s regulations – Fidelity

The Fidelity Bank Ghana says it is working to address the reporting concerns raised by the Central Bank, which resulted in the suspension of its Foreign Exchange trading licence.   “As a Bank, we strive to maintain the highest levels of...

Unlocking Africa’s energy potential

The bustling city of Accra is the scene of a quiet but remarkable transformation. The air, once thick with exhaust fumes and the hum of diesel generators, is gradually being infused with a new sense of vitality. Like in...
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