… warns recapitalisation efforts “meaningless” otherwise By Joshua Worlasi AMLANU The domestic banking sector could strengthen its capital base and cut high non-performing loan (NPL) ratios if government ring-fences and repays billions in legacy debt owed to contractors, service providers and independent power producers (IPPs), according to a new policy paper. The study, by banking […] The post Ring-fence
By Joshua Worlasi AMLANU The Bank of Ghana could anchor a future digital cedi to the country’s gold and cocoa reserves as part of a push to stabilise the currency and reduce reliance on foreign monetary systems, according to Professor Yegandi Imhotep Paul Alagidede – the central bank’s Chair in Finance and Economics at the […] The post Digital cedi could
By Kizito CUDJOE Gold Fields Ghana, a subsidiary of South Africa’s Gold Fields Limited (GFIJ.J), has reaffirmed its long-term commitment to operations in the country with plans to scale up investment in local communities, according to Senior Vice-President and Managing Director Eliot Twum. The company operates the Tarkwa and Damang gold mines, holding a 90 […] The post Gold Fields
Ghanaian businesses now have a practical formula to successfully guide their environmental, social and governance (ESG) reporting, thanks to expert insights shared at a recent webinar jointly organized by the UK-Ghana Chamber of Commerce (UKGCC) and KPMG Ghana. Speaking at the session themed ‘Making ESG Reporting Work for Your Business’, Bernard Owusu-Ansah, Manager in KPMG […] The post Businesses
A Nigerian domestic carrier Ibom Air has placed a travel restriction on Comfort Emmanson, for assaulting members of the airline’s Uyo–Lagos flight crew at the Lagos airport on Sunday. The airline, in a statement on Monday said the unruly passenger won’t be permitted to fly on any of its aircraft from now on. “The passenger […] The post Ibom Air Bans Passenger After Assault On Crew
Ahead of the June 20, 2026 governorship election in Ekiti State, Governor Biodun Oyebanji has dissolved the State Executive Council with immediate effect. In a statement late Sunday, the Secretary to the State Government, Habibat Adubiaro, said all the governor’s appointees were affected by the dissolution. The affected commissioners and special advisers are to hand […] The post Ekiti Gov Dissolves
A single glittery sock that late pop superstar Michael Jackson wore during a concert in France in the 1990s sold for more than $8,000 on Wednesday, a French auctioneer said. The “King of Pop” wore white athletic socks adorned with sparkling rhinestones during his “HIStory World Tour” in 1997. A crystal-embroidered sock worn by Michael […] The post Michael Jackson’s
Multiple award-winning musician, Davido has set social media abuzz after revealing the jaw-dropping cost of his white wedding to wife Chioma. He revealed that, the ceremony costed a staggering $3.7 million. The star had earlier announced that the ceremony would take place this August in Miami, USA, and the celebrations have lived up to the […] The post Davido spends $3.7m on Miami wedding to Chioma
In a private destination marriage ceremony, Nigerian singer and businessman Mr Eazi tied the knot with his long-time girlfriend, model and actress Temi Otedola. The ceremony is so private that the exact date was not disclosed, only videos circulating online, showing the couple exchanging heartfelt vows at the iconic Hallgrimskirkja Church in Reykjavik. The historic […] The post Mr
Ghanaian multi-instrumentalist and producer Kwame Yeboah has refuted claims that he once expelled rapper Sarkodie from his Mixstation studio. Yeboah said rumours about him being overly strict in the studio have been exaggerated, insisting he has always maintained a good relationship with Sarkodie. “Sarkodie is like a good friend. We still message, we still chat. […] The post Kwame Yeboah
This August, West Hills Mall is flipping the script on ordinary retail promotions with a campaign that has shoppers literally chasing money. Dubbed ‘Catch the Cash’, the high-energy weekend experience is turning heads, drawing crowds, and transforming the mall into a destination for thrill-seekers and bargain hunters alike. Here’s how it works: shoppers who spend […] The post West
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