Why BoG by majority decision reduced policy rate to 15.5% [Full reasoning]
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) at its 128th meeting held in January reduced the […]
Economy
As of December 2025, Two Banks Remain Undercapitalized – BoG
The Bank of Ghana has confirmed that two banks UMB and Prudential Bank Ghana remained undercapitalised as of December 2025.
Crude Oil Revenues Fall to $198m in Second Half of 2025
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
Oil Markets Pause as Traders Weigh Supply Outlook and US-Iran Developments
Russia’s Deputy Prime Minister, Alexander Novak, said on Tuesday that the global oil market is currently well balanced, adding that
FDA Cautions Against Purchasing Foods from Vendors Near Open Gutters
The FDA has urged the public to stop buying food sold in unhygienic locations, warning that the practice puts public health at risk. Deputy CEO Roderick Daddey-Adjei said consumers have a key role in driving change, as vendors will be forced to improve hygiene if people refuse to buy unsafe food.
Zodiac Gold to Invest $6.1 Million in Exploration of Liberia’s Todi Gold Project
Canadian gold exploration firm Zodiac Gold Inc. has kicked off its 2026 exploration activities at the Todi Gold Project in Liberia, committing $6.1 million to drilling and trenching at the Ben Ben target.
Nigeria’s Dangote refinery enhances gas agreements with NNPC
In a major move aligning corporate expansion with national strategy, three subsidiaries of the Dangote Group have secured enhanced gas
Ghana forfeits $54bn to trade-related illicit flows over a decade
Ghana forfeited an estimated US$54.1 billion to trade-related illicit financial flows between 2013 and 2022, ranking third among Africa’s most affected countries, according to a Global Financial Integrity report. The findings highlight widespread trade misinvoicing, particularly in key export sectors such as gold, cocoa and oil, and warn that without urgent reforms, the losses will continue to undermine the country’s development and economic sovereignty.
Nigeria Petrol price shock: Marketers say they can’t raise money to buy products
Oil marketers are lamenting that the recent increase in the price of petrol is negatively affecting their businesses as they
Zimbabwe Set to Launch Africa’s First Lithium Sulphate Plant, Transforming Mineral Revenue Potential
Zimbabwe is advancing its position as Africa’s top lithium producer with the launch of a lithium sulphate plant, shifting from raw ore exports to high-value refined production. The move, supported by major Chinese investors, is expected to boost industrialization, strengthen the country’s role in clean energy supply chains, and capture greater economic value from its mineral resources.