Business News

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Nigeria’s Inflation rate falls for the first time in 15 month

Nigeria’s inflation rate fell for the first time in about 15 months as consumers price index went down signalling a recovery of the country’s economy.
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Marwako supervisor charged with assault

7 March, 2017

The Police have charged the supervisor at the Marwako Restaurant who allegedly rubbed the face of a Ghanaian worker in hot pepper with assault.

The accused, Jihad Chaaban, who is currently on bail, was processed for court Tuesday.

Chaaban, a brothe

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SSNIT database to fight ghost names in government payroll

2 March, 2017

The perennial complaints by governments of public sector wage bills being inundated with corrupt practices such as false claims and ghost names will now be dealt with by the database of the Social Security and National Insurance Trust.

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Royal Banking and Finance challenge set to strengthen financial literacy in Ghana

2 March, 2017

The maiden edition of Royal Banking and Finance Challenge has been launched at the head office of Royal Bank, Accra-shiashi
 
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Intercity STC gets US$35m investment

State transport company, Intercity STC Coaches Limited has received a major boost by signing an agreement with Nordic Logistics Limited for the procurement and operation of 100 buses valued at 35 million US dollars.

Per the agreement, Nordic, under the six-year a six year period is expe

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Stanchart Ghana releases 2016 full year results

1 March, 2017

Standard Chartered Bank Ghana Limited, has  released its results for the year ended 31 December 2016. Underlying operating income of GHC621m was up 17 per cent over previous year as a result of stable underlying business.

Operating expense decreased by 15 per cent to GHC194m compar

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Cedi loses ground to 3 currencies

28 February, 2017

The cedi lost grounds to the three major international currencies in the week ending February 24.Despite coming under pressure, the greenback appreciated by 2.88 per cent against the Ghana cedi.

The local curr