<< Back             Poser >> COCOBOD anti-smuggling unit arrests four suspects, impounds over 100 bags of beans  The Anti-smuggling unit of the Ghana Cocoa Board in collaboration with security operatives has arrested four suspects for their involvement in the smuggling of more than 100 bags of cocoa beans from Ivory Coast to Ghana.  Addressing a news conference in Sunyani, Mr Joseph Addae Akwaboa, the Bono Regional Minister said the suspects were arrested in an operation at Nkrankwanta in the Dormaa West District of the region.  Mr Akwaboa said:” The operation led to the interception of a truck loaded with more than 100 bags of cocoa believed to have been smuggled from Côte D’Ivoire to Ghana”.  Mr Akwaboa said they had a tip off during his just ended “Accounting to the People Series” tour to the area, which offered him an opportunity to interact with the people.  Durin the tour, cocoa farmers in the area raised concerns about the failure of some Licensed Buying Companies (LBCs) and cocoa clerks to buy the beans from the farmers despite receiving government financial clearance to do so. Instead, the LBCs and cocoa clerks bought the cocoa beans from the smugglers along the Ghana-Cote D’Ivoire borders in the area.  Mr Akwaboa said investigations led to the arrest of suspects (names withheld for security reasons), saying that they had been detained and assisting police investigations, assuring that the suspects would be prosecuted soon.  He indicated that the security had intensified operations across the various smuggling hotspots in the region to deal with smuggling and other related crimes.  Mr Akwaboa affirmed the government’s commitment to protect the integrity of the nation’s cocoa industry by ensuring that the socio-economic conditions of hard work and gallant cocoa farmers were improved.  He urged the public to desist from politicising the cocoa purchasing process for personal or selfish gain and instead think about the interest of the nation.  Source: GNA Ghana Business News	COCOBOD anti-smuggling unit arrests four suspects, impounds over 100 bags of beans  The Anti-smuggling unit of the Ghana Cocoa Board in collaboration with security operatives has arrested four suspects for their involvement in the smuggling of more than 100 bags of cocoa beans from Ivory Coast to Ghana. Ghana moves toward interest-free banking as local lenders seek licences Ghana is moving closer to introducing non-interest banking, as at least one indigenous lender has formally applied for a licence, signalling early domestic uptake of the model. ECOWAS condemns terrorist attacks in Mali The Economic Community of West African States (ECOWAS) has condemned the terrorist attacks that occurred on Saturday, April 25, at several localities in the Republic of Mali. NGA Charts Path to Investment,  Regulatory Clarity in Gas Sector  The Nigerian Gas Association (NGA) successfully convened the maiden edition of its Legal Forum, delivering a landmark platform that is set to redefine the role of legal and regulatory frameworks CBN warns of rising fraud targeting bank accounts By Elizabeth Adegbesan The Central Bank of Nigeria (CBN) has alerted the public to a surge in fraudulent messages and cyberattack attempts targeting personal bank accounts. In a statement issued yesterday, the apex bank, through its Acting Director of Corporate Communications, Mrs. Hakama Sidi-Ali, said the scams involve emails, messages, and online content falsely claiming to […] Foreign inflows jump 78% on NGX amid rising outflows By Peter Egwuatu The Nigerian Exchange Limited (NGX) recorded a significant shift in foreign investment activity in the first quarter of 2026, Q1’26, as foreign inflows surged by 78 per cent to N393.68 billion, up from N221.62 billion in the corresponding period of 2025. The increase signals renewed investor interest in the market. However, the rise […]