BUSINESS

Teyana Taylor Doesn’t Agree With “Nepo Baby” Label

Nepo Babies is the 2022 phrase that made so many celebrities mad. If you somehow missed the trend, a “nepo baby” is someone who was able to kick start their success due to having incredibly famous parents. Examples include Zoe Kravitz (daughter of Lenny Kravitz), Nic Cage (nephew of Francis Ford Coppola), …

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Pakistan receives $500mn from Chinese bank

ICBC approves rollover of $1.3bn facility; amount to be disbursed in three instalments In a boost to the depleting foreign exchange reserves, cash-strapped Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal Minister for Finance and Revenue Ishaq Dar confirmed late Friday. The …

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Rupee gains further ground against dollar in interbank market

Greenback loses Rs3.46 against local currency, changes hands at Rs275 during intraday trade The Pakistani rupee further strengthened against the US dollar in the interbank market for the second consecutive trading session on Monday. As the greenback lost Rs3.46 against the rupee, the local currency changed hands at Rs275 during …

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Gold rate falls in Pakistan on rupee’s recovery

Prices of gold (24 carats) plunge by Rs4,490 per tola and Rs4,200 per 10 grams to settle at Rs201,600 and Rs172,840, respectively Gold rate plunged Friday following a handsome recovery of the Pakistani rupee against the US dollar, prompting investors to rethink their strategy about shifting towards the safe-haven metal. …

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National: Oppong Nkrumah calls for more stakeholder collaboration to train journalists in financial reporting

Minister for Information, Kojo Oppong Nkrumah has called on stakeholders within the Ghanaian media space to collaborate and help build the capacity of Ghanaian journalists in business and financial reporting. According to the Minister, training of journalists in business and financial reporting is essential in equipping them with the needed …

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National: Agric Ministry’s sale only a stopgap measure in addressing market failure – Dr. MahamaMahamadMahamadd

Economic Advisor at the Office of the Vice President, Dr. Tiah Abdul-Kabiru Mahama, says the government’s foray into retailing foodstuff from the hinterlands at the Agric Ministry is only a stopgap measure to deal with the current food inflation. According to him, government has no intention of continuing the project …

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Energy | National: Fuel prices to be reduced next week – COPEC

The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices are likely to be reduced by Monday, November 14, 2022. There has been a recent hike in fuel prices, including diesel and petrol. Diesel is currently selling for more than GH¢23, while the price of petrol is hovering around …

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FDA warns of unregistered weight loss regime on market

The Food and Drugs Authority has warned against the use of a weight loss regime known as Ascot Diet. Ascot Diet involves the use of injections, appetite suppressants and a meal plan for weight loss. The FDA in a statement said “Ascot Diet weight loss products, produced by the Ascot …

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National: Sachet water to be sold at ¢0.60 effective Monday

Effective Monday, October 31, sachet water will be sold at ¢0.60. The 500ml bottled water will also be retailed at ¢2.50 while the medium-sized bottled water will go for ¢3.50 and the 1.5 litres bottled water will sell at ¢5. This was contained in a statement on Thursday, October 27, …

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