FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has inaugurated its ultramodern Ring Road Central branch, located at Nima Junction in Accra. The opening of the new Ring road branch forms part of the bank’s strategy to reaffirm its commitment to Ghana as well as to demonstrate...
COCOBOD has signed a 1.3-billion-dollar syndicated loan with 28 banks to finance the purchase of cocoa beans for the 2020/2021 crop season. The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s syndication. The loan has an interest rate of...
The quest by Ghana to transform its economy through Agriculture continues to gain momentum under the leadership of President Nana Addo Dankwa Akufo-Addo. Following the successful implementation of the food crop module of its flagship Planting for Food and Jobs (PFJ) initiative, government is set to achieve yet another milestone...
Nyaho Medical Centre, an indigenous leading private health provider, has donated a brand new VW Polo Seden vehicle to the Ayawaso West Municipal Assembly specifically the health directorate to facilitate movement and help in the fight against COVID-19. According to the Nyaho, one of the first private hospitals to have...
Policy rate has no transmission effect on lending rate…... Na who cause am? The case of Ghana. According to the Ghana Statistical Service, Ghana’s economy contracted by 3.2 percent in the second quarter for the first time in 37 years. However, growth has returned slowly as some of the covid-19...
….awards scholarship to deserving tertiary students  The MTN Ghana Foundation in its quest to make impactful interventions that drive value in the communities and the country as whole has awarded educational scholarship to fifty deserving tertiary students within the northern and the middle belt of Ghana at the Kwame...
Buoyed by the success of the initiative to provide young entrepreneurs with access to funding of between GH¢10,000 to GH¢100,000 to grow their businesses, the government, through Ministry of Business Development, will make available GH¢200 million to small-scale businesses and start-ups next year, the minster responsible for its implementation,...
Despite inflation trending downwards, the Monetary Policy Committee (MPC) of the Bank of Ghana, has for the third consecutive time, maintained the monetary policy rate at 14.5 percent, citing widening fiscal policy as the main concern. Headline inflation, after peaking at 11.4 percent, has eased slightly above the upper band...
…commends Otumfuo for releasing 150-acre land President Nana Addo Dankwa Akufo-Addo has inaugurated an integrated composting and recycling plant worth US$95 million in Kumasi to serve as the central point for processing waste generated in the Ashanti Region. The facility, named after the Asantehene, Otumfuo Osei Tutu II, was established...
Governor of the Bank of Ghana, Dr. Ernest Addison, has assured that discussions are far advanced for the central bank to provide some of its fleet of bullion vans coupled with getting helicopters from the air force to ensure the safe transportation of cash across the country. His comments come...