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Data published by the Bank of Ghana (BoG) in its annual Fraud Report has revealed that the losses from fraud cases in the financial sector increased by 7 percent 2023. The cases corresponded to total loss value of approximately GH¢88…

Ghana has achieved Tier 1 status in the 2024 Global Cybersecurity Index (GCI) by the International Telecommunication Union (ITU), solidifying its position as a leader in cybersecurity globally. Tier 1, the highest rank, recognizes…

Despite Goldman analysts highlighting the latest gloomy high-frequency economic data out of China, and others at the bank noting that iron ore's "fundamental outlook remains bleak" with prices hovering around a multi-year low of $93/ton, a…

Several Oil Marketing Companies (OMCs) have begun reducing their petroleum product prices at the pumps starting from September 16, 2024. Market leader GOIL is now selling a litre of petrol for GH₵14.49, down from GH₵14.70.…

Nigeria’s state oil company NNPC Ltd is raising the price of gasoline by 11% after it started buying fuel from the new Dangote refinery, Africa’s biggest. The new estimated petrol prices are based on negotiated terms between NNPC Ltd. and…

During the recent heated presidential debate, former President Donald Trump repeatedly claimed that Vice President Kamala Harris would ban hydraulic fracturing (fracking) if she became president. He asserted, “If she won the election,…

The Chartered Institute of Credit Management Ghana (CICMG) is calling for the introduction of a Legislative Instrument to properly regulate the credit market and reduce the high Non-Performing Loans. Speaking at the institute 10th…

OmniBSIC Bank, in collaboration with GIZ Ghana, has successfully hosted Financial Literacy Trainings for Small and Medium-sized Enterprises (SMEs) in Accra and Koforidua. The events, which attracted participants from diverse industries…

The Jospong Group of Companies (JGC) – through its subsidiary Zoomlion Nigeria Limited – has entered into a landmark export agreement with FIMA Industries GmbH, a renowned Austrian firm specialising in green technologies and sustainable…

The Public Interest and Accountability Committee (PIAC) has engaged representatives from its 13- constituent bodies to discuss how to strengthen efforts to deepen public accountability in the management and use of the country’s petroleum…