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Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria's state oil firm, Nigerian National Petroleum Company (NNPC),…

The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has inaugurated a call centre to improve the Authority’s efficiency and ensure timely handling of customer complaints and inquiries. The newly…

President Akufo-Addo has expressed confidence in resolving Ghana's intermittent power supply challenges, commonly referred to as "dumsor." Speaking at the commissioning of a 515-megawatt power plant under the $1.2 billion Ghana Bridge…

The CEO of the Independent Power Producers (IPP), Dr Elikplim Apetorgbor, has sounded an alarm over the imminent shutdown of three key power plants due to mounting unpaid debts. According to Dr. Apetorgbor, the government owes $259…

Government is clamping down on private pension fund managers who want to invest in offshore assets on concerns it could worsen pressure on its cedi currency, three industry sources told Reuters. After pension reforms in 2010, workers'…

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has expressed optimism that the central bank’s newly commissioned headquarters will significantly enhance operational efficiency and reinforce Ghana’s position as a leader in…

Google has said it would harm consumers and businesses if it is forced to sell Chrome, the world's most popular web browser. The US Department of Justice (DOJ) will propose the measure to a judge on Wednesday, Bloomberg has reported.…

A former Chief Executive of Dalex Finance, Kenneth Thompson has lamented the worrying state of the country’s economy. According to him, the government has mismanaged the country’s fortunes into retrogression causing increased…

The World Bank has disclosed that it is aware of allegations surrounding the operation of the Development Bank Ghana, a beneficiary under the Ghana Development Finance Project supported by International Development Association (IDA) “We…

Ghana's Foreign Exchange Act needs urgent revision to account for the growing influence of financial technology companies in the currency market, banking expert, Dr Richmond Atuahene has advised. Speaking against the backdrop of recent…