Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public […] The post Betta
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Former Attorney-General and a leading member of the opposition National Democratic Congress (NDC) has hit hard at the current holder of the office, Godfred Dame for advising the President wrongly on the Anti-LGBTQI Bill. Betty Mould Iddrisu says that the President’s decision to bar Parliament from transmitting the bill was wrong. This comes after some […] The post Anti-LGBTQI
Former Attorney-General and a leading member of the opposition National Democratic Congress (NDC) has hit hard at the current holder of the office, Godfred Dame for advising the President wrongly on the Anti-LGBTQI Bill. Betty Mould Iddrisu says that the President’s decision to bar Parliament from transmitting the bill was wrong. This comes after some […] The post Anti-LGBTQI
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […] The post Investment holders
The hosts of Yen Nsempa on Onua 95.1 FM Nana Yaa Brefo and Isaac Ekow JB together with their team organized a clean-up exercise at Ring road Busy Internet with Buzstop Boys, Crusaders of Change, and Zoomlion to clean the city. On the chosen day, volunteers gathered at the designated meeting point armed with brooms, […] The post Onua FM’s Y3n Ns3mpa team teams up
By Edna OBIRI As we bask in the unexpected warmth of recent weeks, it’s crucial to recognize that our weather patterns are sending a powerful message about the state of our planet. The unseasonably warm conditions we are experiencing are no mere glitch in the meteorological system but a stark reminder that now, more than […] The post Unraveling
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In a surprising turn of events, Majority Leader Osei Kyei-Mensah-Bonsu has tendered in his resignation with immediate effect, prompting anticipation of a significant reshuffle within the majority parliamentary leadership of Read More... The post Breaking
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […] The post Kasapreko,
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Some New Patriotic Party delegates in the Bekwai constituency in the Ashanti Region have asked the outgoing Member of Parliament, Joseph Osei-Owusu, to stay away from the upcoming primaries since they will not fall for his overtures to vote for his preferred candidate. The delegates expressed hope that the MP would opt for an aspirant […] The post NPP
The Bibiani-Anhwiaso-Bekwai Forest Service Division has confiscated and set ablaze 29 chamfines, ten pumping machines and three motorbikes in the upper Wassa Forest, near Ampontenkrom. Mr. Baiden, who assumed office barely a week ago, set ablaze the confiscated equipment in the forest reserves, as part of his working visit to familiarise himself with issues on […] The post Forestry
Retired Commissioner of Police, George Alex Mensah, has expressed strong confidence in winning the Bekwai seat after successfully going through the New Patriotic Party (NPP) vetting process. Following the First Deputy Speaker of Parliament, Joseph Owusu-Osei’s decision not to seek re-election in the upcoming NPP primaries, it has opened the floodgates for four persons to […] The post NPP
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