The Minister of Youth and Sports, Mustapha Ussif, has revealed that the African Union (AU) has declared Accra as the African City for Sports. This pronouncement comes after the successful organization and hosting of the 13th African Games (ACCRA2023), which took place across several sporting venues in Accra and Cape Coast. Hon. Ussif said, in […] The post Africa
The Chief of Defence Staff, Christopher Musa, said contrary to criticisms by lawyers and activists,the military’s declaration was not illegal. PREMIUM TIMES reported that suspected residents of Okuama Community in Delta State, on 14 March, ambushed and murdered the Commanding Officer of 181 Army Amphibious Battalion, two majors, one captain and 13 soldiers. The troops […] The post Murder
A Nigerian accused of being a member of the Islamic State, ISIS, in Iraq and Syria, Emmanuel Osase, has been detained for 60 days, by the order of a Federal High Court in Abuja. Justice Inyang Ekwo gave the order on Wednesday, following a motion ex-parte filed by the Department of State Services, DSS, marked […] The post Nigerian suspected to be ISIS member detained for 60 days appeared
The Ministry of Education has refuted former President John Dramani Mahama’s claims that the government’s ‘1 Student 1 Laptop’ policy is merely a ploy for vote-buying. Kwasi Kwarteng, spokesperson for the Education Ministry, emphasized that the initiative serves a strategic purpose in bolstering educational delivery and equipping Ghanaian students for the challenges of the digital […] The post Free
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
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:
The total number of electricity customers in Nigeria stood at 12.12 million in the fourth quarter of 2023, data from the National Bureau of Statistics (NBS) has shown. The bureau revealed this in its Nigeria electricity report detailing energy bills, revenue generated, and customers by DisCos (Q4 2023), which was published on Monday. “Total customer numbers in […] The post Nigeria electricity
A former spokesman of the Atiku-Okowa presidential campaign council, Daniel Bwala, has said the 2023 Labour Party, LP, presidential candidate, Peter Obi is hunted by a ghost he created. Bwala was reacting to Obi’s latest threat to jump the LP before the 2027 general elections. The former Anambra State governor had vowed “not to die” […] The post ‘Peter Obi haunted by ghost’
The Nigeria Deposit Insurance Corporation, NDIC, says it remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted. The Managing Director and Chief Executive of the NDIC, Bello Hassan, made this statement during a courtesy visit of the NDIC Management to the Executive Chairman of the Economic […] The post NDIC, EFCC reiterate
The Didango Geita community in Karim Lamido Local Government Area of Taraba State was thrown into mourning on Saturday after three children were killed in a gun accident. Four other children were also injured in the sad incident. The state commissioner of police, David Iloyonomon, in a statement issued in Jalingo on Sunday, dismissed a […] The post Three children killed, four injured
By Kwami AHIABENU ll Innovations thrive at the speed of interactive communication. Previously, most FinTech services were positioned in various silos; this is based on historical antecedents of banking where various banking services were intentionally built to be independent for several good reasons, including security concerns. Change took place, and systems began to talk to […] The post Powering
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed ‘Anticipate and Effectively Manage Market Risk’, aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post
By Mansa NETTEY The third month of every year, March has become a canvas on which the pertinent issues of women empowerment and inclusion are laid bare and deliberated upon. There’s a flurry of initiatives aimed at investing in women and inspiring inclusion whiles the achievements of those who have accomplished impressive feats are heralded […] The post Investing
The Ghana International Bank (GHIB), a wholly Ghanaian-born bank incorporated in the United Kingdom, has launched its 65th anniversary celebration at the Kempinski Hotel, Gold Coast City, in Accra. Speaking at the launch, Chief Executive Officer of the Ghana International Bank, Dean Adansi, emphasised the importance of learning from the 65 years of the bank’s […] The post
Grammy-nominated singer Davido has denied rumours of an arrest in Uganda and Kenya. He shared a post on his X page, imploring fans and followers to disregard the false rumours. The singer noted that he has never been arrested by anyone for any crime abroad or at home. He further stated that his lawyers were seeking legal […] The post ”April Fools” – Davido
Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms. Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee (MPC) meetings, revealed that compared […] The post Editorial:
The Ministry of Gender, Children, and Social Protection has reiterated its commitment to liaise with the Ghana Police Service to probe the marriage of Gborbu Wulomo of Nungua, Nuumo Borketey Laweh Tsuru XXXIII, to an underage girl. This traditional ceremony, which occurred on March 30, 2024, has caused public outrage in Ghana. There are calls […] The post We’ll
The Ministry of Foreign Affairs and Regional Integration has announced upward adjustments in its fees and charges for services effective Monday April 1, 2024. The Ministry in a statement clarified that this decision aligns with the 2023 fees and charges regulations, L.I.2481. “The Ministry of Foreign Affairs and Regional Integration wishes to inform its valued […] The post New
The flagbearer of the National Democratic Congress, John Dramani Mahama, has announced plans to restructure the Youth and Sports Ministry to better serve the interests of Ghana’s youth. Speaking at the unveiling of the NDC’s National Youth Wing Secretariat and Campaign on Friday, March 29, 2024, Mr. Mahama emphasized the need for a more comprehensive […] The post 2024
Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre-stage role in empowering young minds at the 13th African Games. The bank sponsored the Youth Pavilion and as part of this initiative, Fidelity Bank’s Ag. Director of Retail Segments, Thomas Ishmael Adjei, delivered a powerful keynote address focused on equipping young people with […] The post
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