business
Wall Street drops to worst day since June after tech stocks sell-off deepens
All three major US stock indexes slumped, with the tech-heavy Nasdaq suffering the steepest loss. Intel suffered its worst loss in 50 years.
business news
business
Mother shares 'forever' grief of losing daughter in crash while driving
Road safety advocate Kat Brown — who lost her toddler in a crash while she was behind the wheel — is pleading with motorists to take care as the number of deaths on South Australian roads has already surpassed last year's total.
business
Most licensed traders at Palayam market ready to move to Kalluthankadavu, says Mayor
As many as 50 additional rooms have been constructed on the ground floor of the new market at Kalluthankadavu, and all reasonable demands raised by traders have been addressed, says Sadasivan
business
Naira appreciates to N1,373/$ in parallel market
By Elizabeth Adegbesan The naira today appreciated to N1,373 per dollar from N1,380 in the parallel market on Thursday. But the naira was stable at N1,346 per dollar in the Nigerian Foreign Exchange Market (NFEM), data from the Central Bank of Nigeria (CBN) showed.
business
Karnataka’s milk price hike draws flak for impact on budget and nutrition
Experts warn of increased household expenses and reduced access to essential nutrition, particularly for low-income families
business
BUA Foods’ nine-month profit rises to N450 billion
“Despite a 19% decline in revenue to ₦1.15 trillion, driven by softer pricing conditions and subdued consumer demand, we maintained a substantial improvement in profitability through effective cost optimisation, improved productivity, and rigorous execution across the business,” CEO Ayodele Abioye said.
business
This teen took over her family's budget and saved $2,000
Parents might be tempted to shield children from financial conversations, but research suggests that open communication with kids can build resilience and money management skills that last a lifetime.
business
Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports
Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. The S&P 500, the index of the 500 most valuable companies in the US, fell by more than 1% Friday, losing hundreds of billions of dollars in market value.
business
Smuggling, power, profit: Irregular migration out of eastern Libya
There is currently more irregular migration between eastern Libya and Crete, Greece. It's raising questions as to what connects people smugglers with powerful militias in eastern Libya and then in turn, Europeans.
business
Ghanaian creatives losing funding opportunities over poor documentation – Sustainable finance expert
The Head of Sustainable Financing at Consolidated Bank Ghana (CBG), Eva Ackuaku, has expressed concern over the inability of many Ghanaian creatives to access available funding opportunities due to poor documentation and a lack of formal business structures. Other panellists included Robert Klah, Head of Public Relations at Charterhouse; Kofi Adjei, Head of Research at the Multimedia Group; and African art curator Nuna Adisenu-Doe.
business
Twice as many plants and animals sold in wildlife trade as previously thought, says report
More than 100,000 species are traded globally, whether illegally smuggled, sold as ornaments or in fisheries, timber and fashion industries, study finds The number of plant and animal species in use or sold in the wildlife trade is more than twice as high as previously thought, researchers have discovered. A study, published in Science Advances, warns that there are huge gaps in global assessments of how wildlife is traded, and that past estimates have failed to keep up with changes such as the boom in the online exotic pet trade, where sellers offering to post spider eggs across the world or
business
business
FG seeks stronger economic, defence ties with Türkiye
The Federal Government has expressed its commitment to strengthening economic and defence cooperation with Türkiye, identifying manufacturing, construction, textiles and solid minerals as key areas for expanding bilateral partnerships. The ambassador recalled that Türkiye established its consulate general in Lagos in April 1959, before the two countries elevated their relations to ambassadorial level on November 9, 1960, barely a month after Nigeria’s independence.
business
Microcredit association chair blames weak lender risk assessment for loan defaults
The National Board Chairperson of the Micro Credit Association Ghana, Benjamin Turkson Junior, has attributed loan defaults in parts of the microcredit sector to weak risk management systems among some lending institutions. Lenders urged to use credit reference bureaus Mr Turkson also called on lending institutions to make greater use of credit reference bureaus licensed by the Bank of Ghana to assess the borrowing histories of prospective customers.
business
This budget fails to live up to Andy Burnham’s grand rhetoric
Caitlin Boswell of Tax Justice UK and others on what Aditya Chakrabortty described as a ‘Martin Lewis budget’ Aditya Chakrabortty was spot-on in his analysis of John Healey’s budget (Burnham promised big change – where was it?
business
India made ‘remarkable progress’ in reducing poverty: World Bank
Report says the country saw one of the fastest reductions in poverty in the world; extreme poverty fell to 2.6% in 2023 from 27.1% in 2011, driven by government transfers and rising employment
business
Rev360: Reimagining tax administration for a digital Nigeria, By Emmanuel Jonathan
Since its go-live on 30th April, 2026, Rev360 has marked an important milestone in the Service’s transition towards a more integrated, intelligent and taxpayer-centric system
business
How Young Nigerians Are Building Businesses Before They Raise Money
A video editor, developer, designer, or social-media manager can land a project before paying for inventory, and Nigeria’s 3MTT program has been training people in software development, product design, data analysis, cybersecurity, and digital marketing. The official MelBet APK guide lists pre-match and live betting, streaming, slots, live casino, and Fast Games inside one Android app.
business
PIAC @15: Grant PIAC statutory powers to enforce infractions in its reports – CDD-Ghana boss
The Executive Director of the Ghana Centre for Democratic Development (CDD-Ghana), Prof. H. Kwasi Prempeh, has called for amendments to the Petroleum Revenue Management Act, 2011 (Act 815), to empower the Public Interest and Accountability Committee (PIAC) to take legal action against institutions and companies that fail to comply with petroleum revenue management obligations. PIAC is a statutory body established under section 51 of the Petroleum Revenue Management Act (PRMA), 2011, to provide additional oversight of the management and use of Ghana’s petroleum revenues.
business
Uttam warns rice millers, traders against hoarding, black-marketing
He says ceiling ₹66 per kg fixed for commonly consumed BPT rice
business
Yazz sanitary pad samples meet GSA microbiological standards – Lexta Ghana
Lexta Ghana Limited, manufacturers of Yazz sanitary pads, says product samples submitted to the Ghana Standards Authority (GSA) for independent microbiological assessment have met the acceptable limits under Ghana Standard GS 1248:2019. Lexta Ghana reiterated its commitment to transparency, accountability, responsible product development and consumer wellbeing.
business
Swiss Group unveils Jetour G700 and F700 at 2026 auto expo in Ghana
Swiss Group Limited, the official distributor of Jetour and Soueast vehicles in Ghana, has unveiled two new models, the Jetour G700 SUV and F700 pickup truck, at the Swiss Auto Expo 2026. Swiss Group Limited says it remains committed to growing the Jetour and Soueast brands in Ghana through customer-focused services, product innovation and improved ownership experiences.
business
Vivo Energy leads pack with quadruple win at National PR and Communications Excellence Awards
Vivo Energy Ghana PLC emerged as the biggest winner at this year’s National PR and Communications Excellence Awards by the Institute of Public Relations, Ghana, winning four major awards in recognition of its excellence in strategic communications, public relations and campaign execution. Commenting on the awards, the Corporate Communications Manager of Vivo Energy Ghana, Shirley Tony Kum said the recognition of Vivo Energy Ghana as PR Organisation of the Year in both the Commercial and Energy and Utilities categories further reinforces the company’s position as a leading player in Ghana’s…
business
About 22 laws introduced to lock in reforms and protect Ghana’s economic gains – Ato Forson
Finance Minister Dr. Cassiel Ato Forson says the government has introduced about 22 laws over the past 18 months to make its reforms last and protect the economic stability Ghanaians have sacrificed to achieve. Dr. Forson spoke during a New Economy engagement at the University of Ghana, where he outlined efforts to give the Government’s reforms a lasting legal foundation.
business
Jio Platforms shares surge 28% since market debut
The stock of the country's second most valuable firm by market capitalisation jumped 27.89% to ₹1,431.20 from the issue price of ₹1,119 on the BSE