Category: Business
Money, economy, currency, power, oil and gas and all business news.
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Fuel shortage threatens Ghana’s electricity supply
ACCRA (CONVERSEER) – Ghana’s energy sector is on the brink of a nationwide power crisis due to a severe shortage of liquid fuel needed to… Read More
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Nigeria to make $1bn monthly with remote BVN platform
ABUJA (CONVERSEER) – The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Interbank Settlement System (NIBSS), has unveiled a new digital platform that… Read More
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Ford’s European future looks bleak
BERLIN (DPA, CONVERSEER) – United States carmaker Ford is facing a bleak future in Europe, an industry expert has said. “The situation is bad and… Read More
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Ivorian President Ouattara hosts Senegal’s Diomaye Faye at Africa CEO Forum in Abidjan
ABIDJAN (CONVERSEER) – The Ivorian president Alassane Ouattara is hosting Senegalese Head of State Bassirou Diomaye Faye as he participates in the Africa CEO Forum… Read More
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Togo secures €26.5m AfDB funding for major solar power project
SOKODÉ (CONVERSEER) – The Togolese government is set to receive €26.5 million in financing from the African Development Bank (AfDB) for the construction of a… Read More
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Max Air pays N10m compensation after 5-year legal battle over lost luggage
ABUJA (CONVERSEER) – Five years after misplacing a passenger’s luggage, Max Air Limited has finally paid N10 million in compensation to Usani Odum, a legal… Read More
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Ghana to float new national airline
ACCRA (CONVERSEER) – The Government of Ghana has inaugurated a 10-member task force to oversee the establishment of a new National Airline. The task force… Read More
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New German economy minister wants more gas-fired power plants
Katherina Reiche on Friday called for the rapid construction of new gas-fired power plants in the country to support the country’s energy supply when renewable… Read More
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Germany shutters major crypto exchange, seizes €34 million in assets
FRANKFURT – German police on Friday said they had shut down a major online platform for cryptocurrency exchanges, seizing €34 million ($38 million) in assets. The… Read More
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Germany’s Fresenius reports rise in earnings in first quarter
German health-care company Fresenius SE reported higher adjusted profit and revenues in the first quarter compared to the same period of the previous year, excluding… Read More
