The Nigerian Senate on Wednesday confirmed Godwin Emefiele as Governor of its Central Bank following his nomination by President Goodluck Jonathan last month. He will assume office in June when the term of Governor Lamido Sanusi expires. Emefiele is the Managing Director of Zenith Bank, a position held since last year and has extensive banking experience. Prior to his appointment, he was a lecturer in Finance, Bank Management and Insurance at the University of Nigeria and University of Port Harcourt.

Mr. Vincent Affram, Assistant Northern Regional Agriculture Officer at the Plant Protection and Regulatory Services Division, has observed that one of the major challenges impeding farmers’ quest to increased yield in the region is high cost of inputs. He said through various farming interventions by the Ministry of Agriculture and other development organisations, most farmers are up to date with new farming technologies, innovation and skills but do not have money to buy the right inputs. Mr.

Meridian Port Services (MPS), operator of the main container terminal complex at Tema Port, has given strong indications of expanding the port to accommodate increasing volumes of containers. The expansion project when commenced will involve the reclamation of land from the sea to create more space. Alhaji Asoma Banda, Board Chairman of MPS, disclosed this during the inauguration of port handling equipment procured by MPS to ease the congestion at the port and also speed up the process of handling

Deputy Minister of Finance and Economic Planning Cassiel Ato Forson has said developing the capacity of Ghana’s human capital and institutions to engage with the rest of the world on Public-Private Partnerships (PPPs) is critical in promoting and implementing effective policies and projects in the country. Mr. Forson was speaking at the first training course in PPP programmes at the Civil Service Training Centre (CSTC) in Accra from March 18-20. “The Ministry of Finance will continue to engage

GSE :  GSE Title: Prev (24/03/2014)GSE-CI: 2 386.81GSE-FSI: 2 108.31 GSE Title: Cur (25/03/2014)GSE-CI: 2 389.19GSE-FSI: 2 105.35 GSE Title: CYTD (01/01/13 - 25/03/2014)GSE-CI: 11.37GSE-FSI: 17.84 Market Capitalisation: Tuesday, March 25, 2014Ghc ammount: 58,578.03 million

Civil society organisations (CSOs) and private sector groups have increased pressure on government not to sign the ECOWAS-EU Economic Partnership Agreement (EPA), warning that the agreement will permanently lock the country’s economy deeper into a primary commodity- dependence trap and derail regional integration. The organisations, comprising the Trades Union Congress, Ghana Chamber of Commerce and Industry, the Christian Council, Socialist Forum and the Economic Justice Network, presented a petition

Vodafone Ghana has appointed Gayheart Mensah, as Head of External Affairs. His appointment takes effect from March 24, 2014. In his new role he will be responsible for Regulatory Affairs, Business Continuity, Corporate Security and the Anti-Bribery and Compliance agenda of Vodafone Ghana. He brings on-board rich experience in stakeholder management, communications and media relations. He joins Vodafone from Tullow Oil plc where he was the External Affairs and Communications Manager responsible

The country’s attention to cyber security is below par, giving a field-day to electronic criminals who are perpetrating all sorts of crimes including email fraud, Albert Antwi-Boasiako, founder of e-Crime Bureau, an e-crime tracking company, has said. “We need to invest highly in cyber security as a nation. The key to minimising e-crime is to first and foremost embark on a serious awareness campaign. But as a country we have an attitude of not investing in security.” Mr. Antwi-Boasiako noted

In what is believed to be one of the first renewable energy funds in Africa, the plan is to increase the initial US$100million for the African Renewable Energy Fund by the same amount. Managed by Berkley Energy Africa, the money will support small- and medium-sized independent power producers with grid-tied projects of five to 50 MW -- including small hydro, wind, solar, geothermal, biomass and waste gas. The Fund will commit US$10million to US$30million for the development stage of each project,

The Minister of Lands and Natural Resources, Alhaji Inusah Fuseini, has tasked the board of the Precious Minerals and Marketing Company (PMMC) to make value addition to the minerals mined in the country a priority for the business. This, he said, is the only way the company can be profitable and rake in revenue from the exploitation of minerals amidst price challenges on the world market. “Adding value to minerals exploited in a country is a means to create more jobs for people and make more money

Gold Fields Ghana, operator of the Tarkwa and Damang mines, has described as painful its decision to retrench workers due to the hard times which have befallen the mining sector. The mining firm has so far shed 600 workers, a figure that is likely to rise after completion of the retrenchment exercise by end of March, according to officials of the company. The Ghana Mineworkers Union has decried the decision and it is worried that redundancy is always considered the major option to manage financial

Over 2,000 farmers in the Northern Region will benefit from the Export Development and Agriculture Investment Fund (EDAIF) to boost their production capacities for domestic market and export. Mr. Haruna Iddrisu, Trade and Industry Minister, disclosed this when he addressed officials of the Ministry and its agencies in Tamale on Friday. A statement signed by Nana Akrasi Sarpong, Acting Director of Communication and Public Affairs, Ministry of Trade and Industry (MOTI), and copied to the Ghana News

The UN Food and Agriculture Organisation (FAO) has called on African Ministers of Agriculture to accelerate investment and broad-based transformation in support of smallholder farmers, including rural youth and women. The FAO’s Regional Conference is currently taking place in Tunis, the Tunisian capital, from March 24-28 and the organisation’s Assistant Director-General and Regional Representative for Africa, Bukar Tijani, said at the opening session that in spite of important economic progress