Some young entrepreneurs have started exporting made-in-Ghana products, including millet mix for porridge (Hausa koko) and coconut to Germany. This was made known as 60 Small and Medium Enterprises (SMEs) …
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Isyaku Rabiu resigns as executive director of BUA foods over regulatory guidelines
BUA Foods Plc, a subsidiary of BUA Group, has announced the resignation of Isyaku Rabiu as executive director of the company. The development is coming less than one year after …
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Nigeria emerges second highest recipient of UK’s Worker Visas after India
Nigerian nationals emerged as the second highest recipients of United Kingdom’s Worker Visas between December 2019 to June 2022. Nigeria was only topped by Indian nationals whose recipients increased from 57,087 to 102,981 …
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Court orders Twitter to give Musk more data on spam and bots
The Court has ordered Twitter Inc. to hand over more information about spam and bot accounts to Elon Musk as part of its legal fight to make the billionaire complete …
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Nestle launches Vegan chocolate, targets 15 European countries
Nestle SA, the Swiss food giant, is launching KitKat V, a plant-based version of one of the world’s most popular chocolate bars, from Friday with a rollout planned across 15 …
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Air Peace increases excess baggage fee
Air Peace has increased its excess baggage fee to N1,000 per kilogram (kg) for domestic flights effective September 1, 2022. The airline announced the new fee in its ‘baggage policy’ …
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CBN unveils USSD code for eNaira transactions
The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated …
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Egypt directly buys 240,000 tonnes of Russian wheat
Egypt’s state grains buyer directly purchased 240,000 tonnes of Russian wheat on Monday, the supply ministry said in a statement to Reuters, continuing its recent trend of buying without issuing …
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Egypt to sign 7 new MoUs with int’l companies to produce green hydrogen
Egypt will sign seven new Memoranda of Understanding (MoUs) on green hydrogen production in the Suez Canal Economic Zone with international companies and alliances, announced the Egyptian Cabinet in a …
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Yields on Ghana’s bonds to surge, highest among emerging economies
Yields on Government of Ghana bonds are expected to surge further as investors perceive the fiscal state of the Ghanaian economy as risky. According to Bloomberg, investors are demanding a …