President Mahama directs NIB to investigate alleged cash-for-scholarship scheme.
President John Dramani Mahama has ordered the National Investigation Bureau (NIB) to launch an immediate and comprehensive probe into claims […]
President John Dramani Mahama has ordered the National Investigation Bureau (NIB) to launch an immediate and comprehensive probe into claims […]
The Bank of Ghana has confirmed that two banks UMB and Prudential Bank Ghana remained undercapitalised as of December 2025.
GUTA has urged the Bank of Ghana to fast-track measures to bring commercial lending rates to single digits, following the recent policy rate cut to 15.5 percent. The move, the association says, would lower borrowing costs, expand credit access for traders and SMEs, and support business growth amid improving economic conditions.
Financial analyst Nelson Cudjoe Kuagbedzi has called on banks to publicly disclose the names of loan defaulters, arguing that the measure would strengthen recovery efforts and improve discipline in the banking sector. While noting a decline in non-performing loans, he warned that repayment culture remains weak and urged regulators to support stronger deterrence mechanisms to protect financial stability.
Nigeria’s Defence Minister, General Christopher Musa (retd.), says the country’s growing security ties with Türkiye will not weaken its long-standing defence relationship with the United States, stressing that Nigeria’s non-aligned approach allows it to partner with multiple global powers to address its security challenges.
President Donald Trump has announced a reduction in U.S. tariffs on Indian goods after Prime Minister Narendra Modi agreed to curb India’s purchases of Russian oil, signaling a shift in trade and energy ties between the two countries.
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.
Ghana’s bank NPLs fell to 18.9% in December 2025, down from 21.8% last year.
The Bank of Ghana says efforts to tackle bad loans and enforce stricter credit rules are ongoing.
Despite the decline, NPLs remain relatively high.
The Chief Executive Officer of the Ghana Chamber of Mines, Ken Ashigbey, has called on government to expand the country’s mining revenue base by fully integrating small-scale miners into the tax system under the revised mining royalty regime.
What makes Nestlé Nigeria especially interesting going into 2026 is how the story has flipped. After a 2% decline in