Business
First National Bank appoints Dominic Adu as first Ghanaian CEO
First National Bank Ghana has appointed Dominic Adu as its first Ghanaian CEO effective Wednesday July 01, 2020. Dominic takes...
COCOBOD faces difficult loan cost negotiations amid COVID-19
Even as COCOBOD has assured that it is still on course to source this year’s version of its annual receivables-backed...
Revision of Ghana Petroleum Funds investments underway
After a decade of earning paltry interest yields on the investment of its petroleum funds, Ghana is finally taking steps...
NBSSI grants first 1000 beneficiaries COVID-19 stimulus package
A thousand initial qualified applicants of government’s COVID-19 stimulus package received their loans on Wednesday, according to the National Board...
Ghana’s doubles its Gas production
In 2019, gas production witnessed its greatest boost since the inception of natural gas production in Ghana with a total...
IMF projects deeper global recession on growing virus threat
The International Monetary Fund downgraded its outlook for the coronavirus-ravaged world economy, projecting a significantly deeper recession and slower recovery...
Oil prices slide as EIA confirms crude inventory build
The Energy Information Administration reported a 1.4-million-barrel increase in crude oil inventories for the week to June 19, with fuel inventories booking...
New PIAC report reveals major mis-use of petroleum revenues
The latest annual report of the Public Interest and Accountability Committee – the statutory body established to monitor petroleum sector...
US$375m committed to FX forward market
In the first half of 2020, the Bank of Ghana has committed a total of US$ 375 million onto the...
Sixteen upstream oil companies owe US$1.57m surface rental fees
Sixteen oil companies in the upstream sector have failsed to pay their surface rental fees, according to an audit report...
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