Ghana Suspends GTB, First Bank’s Forex Licences

Ghana Suspends GTB, First Bank’s Forex Licences

Citing various breaches of foreign exchange market regulations,the Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited.The suspension takes effect from March 18, 2024, for one...
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Egypt, Ghana, Rwanda, Others Back Carbon Levy On Shipping

Egypt, Ghana, Rwanda, Others Back Carbon Levy On Shipping

A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for...
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Dangote Cement To Roll Out New Plants In Nigeria, Cote d’Ivoire, Ghana 

Dangote Cement To Roll Out New Plants In Nigeria, Cote d’Ivoire, Ghana 

Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State.   According to the Group Managing Director, of Dangote Cement, Mr. Arvind Pathak, the new plant o...
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AfDB Approves $23.04m For Floating Dock Facility In Ghana

AfDB Approves $23.04m For Floating Dock Facility In Ghana

The Board of Directors, African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western...
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Photo News

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Ghana Understudies Nigerian Cabotage Regime

Ghana Understudies Nigerian Cabotage Regime

The Ghanaian Maritime Authority (GMA) has commenced a 10- Day programme to understudy the implementation of the Coastal and Inland Shipping Act also known as the Cabotage Law in Nigeria under a collaborative arrangement with the Nigerian Maritime Administratio...
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SEC Nigeria, Ghana Renew Market Development Partnership

SEC Nigeria, Ghana Renew Market Development Partnership

As part of measures to encourage market integration and provide better opportunities for the economic prosperity of Nigeria and Ghana, the Securities and Exchange Commissions of both countries have signed a renewed Memorandum of Understanding.   Speaking dur...
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Nissan Unveils Navara Assembly Plant In Ghana  

Nissan Unveils Navara Assembly Plant In Ghana  

Ghanaian President Nana Addo Danquah Akufo-Addo has commissioned Nissan’s new Navara semi-knockdown assembly plant in Tema, outside Accra.  The $9-million facility is the culmination of a process that began in 2018 when Nissan signed a memoran...
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APPEALS Project Team Concludes Study Tour To Ghana

APPEALS Project Team Concludes Study Tour To Ghana

As part of efforts to facilitate knowledge acquisition and experience sharing within the West African sub-region, a  delegation of the Nigeria Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS) Project has concluded a one-week...
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Yakubu: Undemocratic Takeover Of Govt Poses Great Challenge To ECONEC

Yakubu: Undemocratic Takeover Of Govt Poses Great Challenge To ECONEC

The undemocratic takeover of government in some West African countries has created a great challenge for Electoral Commissions in the sub-region, according to the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu. Speaking at Wedn...
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2021 Aisha Buhari Cup: South Africa Thrash Ghana 3-0

2021 Aisha Buhari Cup: South Africa Thrash Ghana 3-0

South Africa’s Bayana Bayana put up a sterling performance in the ongoing 2021 Aisha Buhari Cup at the Mobolaji Johnson Sports Arena, Lagos, on Friday, to triumph 3-0 over the Black Queens of Ghana.  A first-half goal by Magana Hilda...
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Toyota Unveils Ghana’s Second Auto Assembly Plant

Toyota Unveils Ghana’s Second Auto Assembly Plant

The launch of a Toyota assembly plant in Ghana, the second auto assembly plant in the country in less than a year, will help reduce imports of secondhand vehicles and boost export earnings, President Nana Akuffo-Addo has said. The assembly ...
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United Airlines Resumes Operations In Ghana

United Airlines Resumes Operations In Ghana

United Airlines on Saturday relaunched its passenger flight operation from Washington, D.C. to Accra, the capital of Ghana, after a hiatus of about a decade.  A speech read on behalf of the Minister of Transport Kweku Ofori Asiamah at a...
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UBA’s REDTV Launches New Series In Ghana

UBA’s REDTV Launches New Series In Ghana

United Bank for Africa’s Lifestyle and Entertainment channel continues to blaze the trail in online entertainment as it pushes the best of Africa to the world.  REDTV, producers of awarding winning hit series such as The Men’s Club (TMC), Our...
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