Costing nation US$20bn in transfers Several banks implicated in the act By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU Deep-source information obtained by the Business & Financial Times (B&FT) has revealed that some commercial banks in the country may have facilitated billions of dollars in foreign currency transfers without corresponding imports, in what would […] The post Profit

By Justice OHENE-AKOTO Ghana’s energy security cannot be achieved through short-term fixes. It requires fairness, transparency, and deep structural reforms in how the country engages with Independent Power Producers (IPPs). The country’s total dependable power generation capacity stands at approximately 5,211 megawatts (MW), against a national peak demand of 4,073 MW. Of this, IPPs contribute […] The post The

Records 153.66% profit growth Hits GH¢447.49m pre-tax profit in Q3 2025 Agricultural Development Bank PLC (ADB) has posted a strong financial performance for the third quarter of 2025, with profit before tax hitting GH¢447.49million, representing 153.66% growth compared to GH¢176.41million recorded during the same period in 2024. The Bank’s total assets grew by 17%, rising […] The post ADB strong turnaround

bags GH¢ 4million profit before tax shareholders get 40% returns on investment By Seth KRAMPAH, Pakyi No2 Atwima Kwanwoma Rural Bank PLC at Pakyi No2 in the Amansie Central District   of Ashanti Region has recorded as always another remarkable operational performance in the 2024 year under review. The Bank has recorded an unprecedented profit before […] The post Atwima Kwanwoma

By Evelyn ARTHUR The Environmental Protection Agency (EPA) has held a public hearing in Keta to engage stakeholders on the proposed Port of Keta Development Project — a major infrastructure initiative spearheaded by the Ghana Ports and Harbours Authority (GPHA). The hearing, held on Thursday, October 23, 2025, brought together key stakeholders – including traditional […] The post EPA

African Export-import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in Dr. George Elombi as the Bank’s fourth President and Chairman of the Board of Directors, taking over from Prof. Benedict Oramah as head of the African Multilateral Finance Institution. Formalised with an oath administered by Mr. Wale Edun, Chairman of the Annual General Meeting […] The post Dr.