Author: citibusinessnews
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UBA poised to change the face of E-Banking with new mobile app
Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility…
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Fault on transmission line between Prestea and Obuasi caused power cuts – GRIDCo
The total power system shutdown experienced on Sunday was due to a technical fault on one of the major transmission lines between Prestea and Obuasi, according to the Ghana Grid Company (GRIDCo). “This situation led to overloads on other adjacent transmission lines, leading to a sequence of trips and an eventual power system shutdown in…
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GRIDCo system collapse causes total power outage nationwide
A challenge in the Ghana Grid Company’s (GRIDCo) power system has led to a total system shutdown and total power outage nationwide. GRIDCo has, however, assured that power will be restored soon. “The technical team is currently working to restore power supply to all Bulk Supply Points (BPSs) in the country,” it said in a…
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UMB signs new Controller Loan Products with National Assoc. of Registered Midwives, Ghana
Universal Merchant Bank (UMB), has signed an agreement with the National Association of Registered Midwives, Ghana (NARMG), to offer its members on the controller payroll, a special UMB Controller Loan product of up to GHS150, 000, which will be spread over 48 months at a competitively low interest rate, with a turnaround time of 48…
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Bolt receives €20m investment from IFC to boost access to mobility services in emerging markets
Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies. IFC’s €20 million investment and advisory services will help Bolt expand mobility solutions that create earning opportunities, stimulate small-scale entrepreneurship, and improve access to transportation in Eastern European and African markets. Bolt launched…
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JICA, MoFA, GIDA support rice cultivation through Kpong Irrigation Scheme
The project to improve the productivity and profitability of rice cultivation at the Kpong Irrigation Scheme has recorded some good successes. Through the Project for Enhancing Market-Based Agriculture by Smallholders and Private Sector Linkages in Kpong Irrigation Scheme (MASAPS-KIS) in the Eastern Region, the Japan International Cooperation Agency (JICA) is ensuring that rice cultivation increases…
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Revamp how you stay connected & get things done with Huawei’s ecosystem of products & services
Huawei’s 1+8+n strategy brings together all of the brand’s products and services. With more devices and digital services now being heavily integrated into today’s daily lifestyle, users now rely more on them to carry out daily tasks or even for rest and relaxation. The influx of technology has enabled all of these devices and services…
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HUAWEI nova 7i: The mobile gamers’ secret weapon!
Have you ever wondered why some intensive games still lag or stutter on your phone while you specially singled out that model because of the great specs of its CPU, GPU and memory? If so, then you need a smartphone that not only packs powerful hardware, but seamlessly collaborates with software for an intensive gaming…
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NIMED Capital Limited launches IPO for NIMED Lifetime Unit Trust
NIMED Capital Limited, a fund management company licensed by the Securities and Exchange Commission (SEC) and the National Pensions Regulatory Authority, NPRA, with specialty in investment banking and fund management, has announced the launch of its new unit trust – The NIMED Lifetime Unit Trust. The Scheme, which was launched on 3rd March, 2021, will…
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Dr. Okonjo-Iweala’s WTO appointment good for Africa’s trade – FBNBank MD
The Managing Director and Chief Executive Officer of FBNBank Ghana Limited, Victor Yaw Asante has stated that the appointment of Dr. Ngozi Okonjo-Iweala as Director-General of the World Trade Organisation (WTO) coming at a time when AfCFTA is being rolled out across the continent is a good sign for Africa’s trade. Speaking to participants at…