Browsing Category
Business
YTD returns on equities near 30% as benchmark index rises to 3,166 points
In a day of modest yet notable fluctuations, the Ghana Stock Exchange (GSE) displayed resilience as it edged upward by a marginal…
Absa Bank funds SMEs with GH¢100m
ABSA Bank has disbursed GH¢100 million under a new initiative meant to empower and drive the growth of Small and medium-sized…
Nigeria takes $1.95bn World Bank loan, ignores debt concerns
Nigeria secured a total of $1.95 billion in loans from the World Bank in the first four months of President Bola Tinubu’s…
2023 growth projections to surpass IMF 1.5% forecast
Ghana’s economic outlook for 2023 appears more promising than previously anticipated, with growth potentially surpassing the…
Nigeria’s oil sector suffers a N34.47 billion loss at the hands of a…
The Nigerian National Petroleum Company Limited spent close to N34.47 billion (18 months) to monitor and repair pipelines in order…
EBANX expands into Ghana, 7 other African countries
EBANX, a Brazilian FinTech unicorn that provides payment solutions for emerging markets, is expanding its presence in Africa,…
Ghana to host Africa’s first lithium refinery worth $500m
Processes are underway to set up Africa’s first-ever lithium refinery in Takoradi in the Western Region.
The US$500-million …
Banking industry grapples with soaring NPLs at 20%
Ghana’s banking sector is facing a concerning rise in non-performing loans, reaching a peak of 20% of all loans, a level not seen…
Visa, Mastercard set to transform payments with fraud busters
Visa’s Digital Authentication Framework (DAF) and Mastercard’s Token Authentication Framework (TAF) are set to transform the…
Gold Purchasing Programme: BoG buys gold worth $700m
The Bank of Ghana’s Gold Purchasing Programme, which was launched in 2021, has been instrumental in boosting the country’s gold…