business
India, U.S. fine-tuning trade agreement; most discussions over: Piyush Goyal
We have concluded most of the discussions and are fine-tuning the agreement, he said here while talking about the India-U.S. trade agreement
business news
business
Anup Bagchi takes charge as HDFC Bank CEO and MD
Anup Bagchi, an ICICI Group veteran, becomes the first outsider to head HDFC Bank in its three-decade history, succeeding Sashidhar Jagdishan amid governance concerns
business
HSBC profits surge 32%, sparking fresh calls for bank taxes in the budget – business live
Rolling coverage of the latest economic and financial news HSBC’s jump in profits are prompting fresh calls for new bank taxes in the budget. As the Guardian reported earlier this month, Healey has decided to tap the financial sector for additional revenue.
business
Ghana needs TRUST laws to stop the theft of its Children’s Inheritance
Ghana’s Constitution already recognises fiduciary obligations over communal land and trusteeship over public land and minerals. Parliament should enact a Land and Natural Resources Trusteeship Act, requiring community TRUSTS for substantial customary land transactions, protected accounts, independent audits, beneficiary representation and enforceable remedies, consistent with constitutional ownership and revenue arrangements.
business
OmniBSIC Bank honoured with African Banking Excellence Award at IFAL 2026
OmniBSIC Bank Ghana Limited has been honoured with the African Banking Excellence Award for Growth, Innovation and Customer Value at the 12th International Forum on African-Caribbean Leadership (IFAL 2026), held in New York on the margins of the 81st United Nations General Assembly. Daniel Asiedu receives honorary citizenship of Stonecrest In a further recognition of Ghanaian leadership and contribution to economic development, Mr. Asiedu was also conferred with Honorary Citizenship of the City of Stonecrest, Georgia, on the sidelines of IFAL 2026.
business
South Korea’s GDP growth beats forecasts amid AI boom
Asia's fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand.
business
Ensign Global, University of Utah graduate 20 entrepreneurs under business creation programme
Ensign Global University and the University of Utah have graduated 20 entrepreneurs from the second cohort of the Master of Business Creation (MBC) programme, an initiative designed to help business owners strengthen their enterprises and create employment opportunities. Programme focuses on existing businesses The MBC programme is delivered through a partnership between Ensign Global University and the University of Utah, based in Salt Lake City in the United States.
business
FG launches trade intelligence tools to boost exports, investment
Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, who unveiled the initiative in Abuja, said the tools would provide exporters and investors with reliable market information to guide business decisions, navigate trade requirements and translate economic reforms into industrial growth and job creation. Meanwhile, President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Jani Ibrahim, called for increased private-sector investment in value-added exports, competitive manufacturing and priority export value chains.
business
Donald Trump's biggest economic problem looks strangely familiar
Donald Trump heads into the US midterm elections with an issue similar to his political foe Joe Biden.
business
My advice for Burnham’s first budget? Hit the banks – and hit them hard
My advice for Burnham’s first budget? We live by how we feel – an idea that orthodox economics gets wrong and Andy Burnham’s first budget looks set to get right.
business
BoI secures €2.22bn, N250bn funding for Nigerian industries
By Yinka Kolawole The Bank of Industry (BoI) has secured more than €2.22 billion and N250 billion in new funding through major financing transactions concluded between 2024 and 2026, as the development finance institution intensifies efforts to bridge Nigeria’s industrial financing gap. Managing Director/Chief Executive Officer of BoI, Dr. Olasupo Olusi, disclosed this at a media roundtable, highlighting the bank’s capital mobilisation drive as a key pillar of its 2025–2027 corporate strategy.
business
Stock markets fall in early trade amid persistently elevated crude oil prices, IT selling
30-share BSE Sensex declines 281.95 points to 73,316.21; 50-share NSE Nifty falls 63.15 points to 22,694.60
business
Netherlands pledges technical support and investment to boost Ghana’s poultry industry
The Netherlands Ambassador to Ghana, H.E. Hans Akerboom, said his country was ready to work with Ghanaian stakeholders to identify practical solutions to challenges facing the sector and expand opportunities for local poultry farmers and businesses. He disclosed that Ghana imported poultry worth approximately €18 million from the Netherlands alone in 2024, while other supplies came from countries including Belgium, the United States and Brazil.
business
NESG presents mixed outcomes for Nigeria’s economic reforms
•Says stabilisation creates conditions for progress but doesn’t deliver it By Emeka Anaeto, Business Editor Amid ongoing debates among stakeholders over the performance of Nigeria’s three-and-a-half-year-old economic reforms, the Nigerian Economic Summit Group (NESG) has declared that the reforms have so far delivered a mixed bag of outcomes, with negative gaps far outweighing the positives. Welcoming an array of Nigerian business elites at the 32nd edition of the Nigeria Economic Summit in Abuja yesterday, the Chairman of NESG, Mr Niyi Yusuf, said that although the reforms had delivered a…
business
80% poultry import dependence highlights need to grow local production – Netherlands Ambassador
The Netherlands Ambassador to Ghana, H.E. Hans Akerboom, has expressed concern over Ghana’s dependence on imported poultry, saying the country imports about 80% of its poultry supply despite strong domestic demand. Speaking at a round-table discussion on the poultry industry in Accra on Monday, October 26, 2026, aimed at strengthening stakeholder collaboration in Ghana’s poultry sector, H.E. Akerboom said Ghana imported poultry worth approximately €18 million from the Netherlands alone in 2024.
business
Trade Pathways launches Nigeria coverage as US tariffs weigh on small business exporters
New US import tax falls hardest on processed goods, the core of Nigeria’s small-business export economy. Having initially served businesses in Kenya and Ghana, Trade Pathways is now launching full coverage for Nigeria, driven by recent trade policy changes and the potential adverse impacts on Nigerian business owners.
business
Refining Ghanaian crude in Ghana keeps value onshore – TOR MD
Edmond Kombat, Managing Director (MD) of the Tema Oil Refinery (TOR), underscored the strategic importance of refining Ghanaian crude oil domestically, calling it a critical step toward retaining value in the national economy and fulfilling the President’s value-addition vision. Mr Kombat said since May 2026, TOR has received four five-million-barrel crude cargoes: Bonga, Baleine, Bonnie Light, and, on July 15, Ghana’s Jubilee Medium Sweet crude, an indigenous crude delivered aboard MT Apache.
business
California’s billionaire tax faces a precarious road from rich opposition
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal.
business
This could be the biggest investment bet in the history of global capitalism
Anthropic looks set to surpass SpaceX's record-breaking IPO despite so far failing to produce an annual profit.
business
Your past prescriptions haven’t helped developing countries – TOR MD tells IMF
Mr Edmond Kombat, the Managing Director of the Tema Oil Refinery Limited (TOR), has challenged the International Monetary Fund (IMF) over its long-standing prescriptions for state-owned enterprises. Mr Kombat was responding to a question on the reason for the recent visit by a delegation from the IMF to the state-owned Oil Refinery, at the Government Accountability Series Press Conference held at the Presidency in Accra.
business
Yellow Card wins top Diamond honour at 2026 Money Awards
Yellow Card has won Gold in the Diamond category at the 2026 Money Awards, securing its second consecutive recognition at the global fintech awards following its Grand Prix victory in the Payments category last year. According to the company, the Diamond category is the programme’s highest honour, recognising transformative achievements in the global financial technology industry.
business
NGX rallies as index surges to 251,290 points
The Nigerian equities market rallied on Monday, with the All-Share Index surging to 251,290.54 points and market capitalisation hitting N163.16tn.
business
Twellium wins Beverage Manufacturing Brand of the Decade Award
Twellium Industrial Company Limited has been named Ultimate Beverage Manufacturing Brand of the Decade at the sixth edition of the National Governance and Business Leadership Awards 2026, recognising the company’s manufacturing growth, product development and expanding regional presence. The Ghana Export Promotion Authority lists Burkina Faso, Liberia, Mali and Côte d’Ivoire among Twellium’s export destinations, illustrating the company’s participation in regional trade.
business
UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises
British Retail Consortium says ‘dam is starting to break on the huge wave of costs’ being kept from consumers Shop price inflation has risen to the highest level in two and a half years, according to the British Retail Consortium, which warned that “the dam is starting to break” when it comes to retailers trying to limit price rises for customers. The lobby group said shop price inflation was 2.1% year on year in October, a sharp rise compared with 1.4% in September, and an indication that retailers were beginning to pass on the rising costs of energy and food ingredients since the Middle East