VidiaNews← All news

business news

Export truckers allege N50,000 charges per container at Tin Can port
business

Export truckers allege N50,000 charges per container at Tin Can port

By Efe Onodjae Truck owners operating around the Tin Can Island Port corridor, Lagos, have raised the alarm over alleged multiple charges imposed on export-laden containers, claiming that the payments amount to about N50,000 per container and undermine efforts to promote non-oil exports. The Chairman of the Association of Container Truck Owners of Nigeria, ACTOAN, Ridwan Bello, who raised the concern, accused the Nigerian Ports Authority, NPA, and other agencies operating around the port corridor of creating additional hurdles for truckers despite the introduction of the electronic call-up…

Read →
BoG Governor assures Ghanaians of Cedi stability ahead of Christmas
business

BoG Governor assures Ghanaians of Cedi stability ahead of Christmas

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has assured Ghanaians of relative stability in the exchange rate during the Christmas period, expressing confidence in the Cedi’s performance. His comments come as the latest Bank of Ghana interbank exchange rates show the Cedi trading at GH¢11.6142 to the US dollar for buying and GH¢11.6258 for selling.

Read →
Egypt Raises Over $650m In IPO Of State-Owned Bank
business

Egypt Raises Over $650m In IPO Of State-Owned Bank

Egypt on Monday raised more than $650 million in its initial public offering of the state-owned Banque du Caire, marking one of the biggest asset sales in years as international lenders push a privatisation drive. The bank’s chief executive Hussein Abaza meanwhile told AFP that “this is an IPO that’s been more than 20 years on and off”, citing the Covid-19 pandemic and wars in Ukraine and Gaza as hurdles.

Read →
Ghana Publishing Company records GH¢16.9m profit in 2025, up 661% – MD
business

Ghana Publishing Company records GH¢16.9m profit in 2025, up 661% – MD

The Ghana Publishing Company Limited (GPCL) has recorded a profit after tax of GH¢16.96 million for the 2025 financial year, representing a 661.36 per cent increase over the GH¢2.23 million recorded in 2024. Presenting the company’s performance at the Government Accountability Series at Jubilee House on Monday, November 2, he said the 2025 financial year marked a turning point in GPCL’s financial recovery.

Read →
GPCL introduces security features on gazettes to curb fake publications
business

GPCL introduces security features on gazettes to curb fake publications

The Ghana Publishing Company Limited (GPCL) has introduced enhanced security features on its gazettes and intensified public education to combat the circulation of fake publications and eliminate revenue leakages. Speaking at the Government Accountability Series at Jubilee House on Monday, November 2, Mr Boatey also disclosed that GPCL had engaged Consolidated Bank Ghana (CBG) to directly collect and bank all sales proceeds at its business centre.

Read →
Ghana Publishing Company establishes first Digital Press Centre to modernise printing operations
business

Ghana Publishing Company establishes first Digital Press Centre to modernise printing operations

The Ghana Publishing Company Limited (GPCL) has established its first Digital Press Centre as part of efforts to modernise its operations, improve production capacity and respond to technological changes in the printing and publishing industry. The facility, commissioned on January 8, 2026, forms part of the company’s retooling agenda under the leadership of Managing Director Nana Kwasi Boatey, with support from the sector Minister, Felix Kwakye Ofosu, and President John Dramani Mahama.

Read →
Ryanair says it may freeze workers’ pay and raise airfares
business

Ryanair says it may freeze workers’ pay and raise airfares

Ryanair is considering a temporary wage freeze for staff and confirmed airfares will be “materially higher” next summer because of a sharp rise in fuel costs following the US-Israel war with Iran. Ryanair said its fuel bill is forecast to be €2bn (£1.6bn) higher in the short-term and its chief executive, Michael O’Leary, said airfares would have to rise by “double-digits” to help cover the cost.

Read →
Ghana Publishing Company cuts regular gazette processing time to three weeks
business

Ghana Publishing Company cuts regular gazette processing time to three weeks

The Ghana Publishing Company Limited (GPCL) has reduced the processing time for regular gazette applications from eight weeks to three weeks following the introduction of a three-shift, 24-hour operational system. The company’s Managing Director, Nana Kwasi Boatey, said the reforms had also reduced the waiting period for premium gazette applications from one week to three days, while a new 24-hour service allows applicants to obtain their gazette publications in less than a day.

Read →
Ghana Publishing Company introduces 24-hour operations to address overstaffing, boost productivity
business

Ghana Publishing Company introduces 24-hour operations to address overstaffing, boost productivity

The Ghana Publishing Company Limited (GPCL) has introduced a three-shift, 24-hour operational system to address overstaffing, improve productivity and strengthen its financial position. Managing Director Nana Kwasi Boatey said the company inherited more than 250 employees when he assumed office in February 2025, despite its operational requirements indicating that approximately 150 workers were sufficient to execute its activities effectively.

Read →
Ghana Publishing Company uncovers GH¢22m legacy VAT debt from 2021 to 2024
business

Ghana Publishing Company uncovers GH¢22m legacy VAT debt from 2021 to 2024

The Ghana Publishing Company Limited (GPCL) has uncovered a legacy Value Added Tax (VAT) liability of approximately GH¢22 million covering the period between 2021 and 2024. Managing Director Nana Kwasi Boatey disclosed that the company became aware of the outstanding obligation after receiving formal communication from the Ghana Revenue Authority (GRA).

Read →
Ghana Publishing Company introduces new departments, strengthens procurement and financial controls – MD
business

Ghana Publishing Company introduces new departments, strengthens procurement and financial controls – MD

The Ghana Publishing Company Limited (GPCL) has undertaken a major organisational restructuring, introducing new departments and strengthening internal controls to improve accountability, operational efficiency and corporate governance. Addressing the Government Accountability Series at Jubilee House on Monday, November 2, he disclosed that new departments had been established, including Legal, Corporate Affairs, Senior Administration, Commercial Sales and Quality Control.

Read →
Government directs up to 20% of printing jobs to Ghana Publishing Company – MD
business

Government directs up to 20% of printing jobs to Ghana Publishing Company – MD

The government has issued a Cabinet directive allocating up to 20 per cent of all government printing assignments to the Ghana Publishing Company Limited (GPCL), according to its Managing Director, Nana Kwasi Boatey. Speaking at the Government Accountability Series at Jubilee House on Monday, November 2, he said the company had already regained the confidence of government institutions after securing major printing contracts, including the national budget, the mid-year budget review and the 2025 State of the Nation Address.

Read →
Ghana Publishing Company invests €1.5m in security printing equipment to expand operations
business

Ghana Publishing Company invests €1.5m in security printing equipment to expand operations

The Ghana Publishing Company Limited (GPCL) has committed approximately €1.5 million towards acquiring specialised security printing machines and other production equipment as part of efforts to expand its operational capacity and diversify revenue. Managing Director Nana Kwasi Boatey said the investment forms part of a broader retooling strategy aimed at positioning the state-owned printing company to undertake high-value security printing assignments and compete more effectively in the local and international markets.

Read →
Millions of Nigerian workers face growing social security risks, NSITF warns
business

Millions of Nigerian workers face growing social security risks, NSITF warns

By Victor Ahiuma-Young The Nigeria Social Insurance Trust Fund, NSITF, has raised the alarm over growing social security risks facing Nigerian workers, warning that the rapid transformation of the labour market through artificial intelligence, AI, automation, digital platforms and the gig economy could leave millions of workers without adequate protection. Annual Workshop, in Lagos, The address, titled Social Security and Workers’ Welfare in Nigeria’s Political Transition: Closing the Protection Gaps and Building a Sustainable Safety Net, was presented on his behalf by the Deputy General…

Read →
FG, DICON Renew Push For Self-Sufficiency In Military Equipment
business

FG, DICON Renew Push For Self-Sufficiency In Military Equipment

Nigeria’s quest for self-sufficiency in military equipment production has received a fresh boost as DICON-D7G unveiled plans to expand indigenous defence manufacturing, attract foreign investment and create 7,000 employment opportunities for retired military personnel and civilians. The Chief Executive Officer of DICON-D7G, Mr Osman Chennar, disclosed this in a statement issued to journalists on Monday, saying the initiative was aimed at accelerating Nigeria’s transition from dependence on imported military equipment to local manufacturing, technology transfer and industrial self-sufficiency.

Read →
ABSA Bank woos aspirational customers with enhanced Prestige Banking benefits
business

ABSA Bank woos aspirational customers with enhanced Prestige Banking benefits

ABSA Bank Ghana is seeking to broaden the appeal of its Prestige Banking proposition by attracting more young professionals and individuals working towards their financial goals, moving beyond its traditional focus on established business owners and corporate executives. Speaking on Joy FM’s Super Morning Show on Monday, November 2, Princess Tettey, Head of Prestige Banking at ABSA Bank Ghana, described the proposition as “a lifestyle beyond banking”.

Read →
GoldBod generates $1.011bn in forex from gold trade in October
business

GoldBod generates $1.011bn in forex from gold trade in October

The Ghana Gold Board (GoldBod) says it generated US$1.011 billion in foreign exchange from its artisanal and small-scale mining (ASM) gold trading operations in October 2026. The Board said the sales would be conducted through the GoldBod GoFX platform in accordance with its approved FX Sales and Intermediation Framework to ensure transparency, fairness and regulatory compliance.

Read →
Traders hail Gbonse Foundation’s impact as organisation marks first anniversary
business

Traders hail Gbonse Foundation’s impact as organisation marks first anniversary

Traders benefiting from Gbonse Foundation for Economic Development have praised its accessible loans and low interest rates, saying the financial support has helped them grow their businesses and encouraged them to introduce other traders to the organisation. Established on October 25, 2025, Gbonse Foundation has supported individuals, families, traders, church members, women and schoolchildren across Igando, Egan, Odo, Ikotun and Ijegun communities through free medical outreaches, welfare assistance, educational initiatives and accessible loan services.

Read →