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The Auditor-General in its 2022 report has revealed that Bank of Ghana (BoG) made payments worth $35,909,067.50 to Goldkey Properties Limited for the construction of a new corporate office in Tamale. Checks reveal total progress payments…

Manchester City begin the defence of their Champions League title this week as the group stage gets underway. Pep Guardiola's side are joined by Arsenal, Manchester United and Newcastle from the Premier League, with the latter making…

Ratings agency, Fitch, has expressed uncertainty about the take-off of the Ghana Financial Stability Fund. The fund established to provide liquidity support to banks as a result of the Domestic Debt Exchange Programme should have taken…

Oil prices rose in early Asian trade on Monday, extending last week’s gains amid expectations of an increasingly tighter market and hopes that China’s latest stimulus measures would revitalize the economy.   WTI Crude prices were trading…

A shortage of diesel fuel has pushed Russia’s ESPO crude blend to a premium over Brent crude, Bloomberg has reported, citing unnamed traders. ESPO, named after the East-Siberia-Pacific Ocean pipeline that carries it to export markets, is…

Earlier this week, the International Energy Agency warned that oil markets were in a deficit that would deepen in the fourth quarter. The reason? Saudi and Russian cuts that were just extended until the end of the year. The deficit…

Economist Dr. Ishmael Yamson has criticised the government for ignoring all the signs showing that the economy was collapsing in 2022. According to him, the government was aware of the dire consequences that over-borrowing could have on…

Ghana and eight other African countries will benefit from the potential source of new investments for future projects in the oil and gas sector. According to the Economist Intelligence Unit’s Africa Outlook 2023 Report titled “the…

English attacker, Callum Hudson-Odoi, has confirmed to The Telegraph his consideration of a potential change in nationality to represent Ghana. The 22-year-old has already earned three caps for the English national team and possesses…

Ghana has been ranked first in Africa as the most indebted country to the International Monetary Fund(IMF). This means Ghana retains its position in Africa as the country’s loans from the IMF shot up by 35.3% in the second quarter of…