Nigeria pins Africa’s industrial growth and energy access on gas development
Nigeria is advancing its abundant natural gas resources as a key driver of Africa’s industrial development and energy transition, amid […]
Trade
Africa’s largest gold producer proposes a levy reduction to ease the transition to higher gold royalty rates.
Ghana’s finance minister has proposed trimming a mining levy by two percentage points in an effort to secure industry support
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.
GUTA Urges Bank of Ghana to Fast-Track Single-Digit Interest Rates
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.
Analyst Urges Disclosure of Loan Defaulters to Strengthen NPL Recovery Efforts
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.
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.
Iran Ready to Enter Fair Negotiations with the United States
Iran’s President Masoud Pezeshkian said the country will negotiate with the US under conditions that protect its national interests, amid rising tensions over its nuclear program and deadly domestic protests.
Nigeria Strengthens Defence Ties with the US and Türkiye
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.
India Tariff Slash: Trump Reduces Duties After Modi Halts Russian Oil Imports
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.
Israel Resumes Operations at Gaza’s Crucial Rafah Border Crossing with Egypt
Palestinians have started moving through the Rafah border crossing between the Gaza Strip and Egypt after it reopened for pedestrian