The Public Interest and Accountability Committee (PIAC) has joined a long list of advocates that have urged government to seriously consider restoring its hedging programme in order to cushion the...
Nana Akufo-Addo has alleged in the coming days President John Dramani Mahama will announce a reduction in the prices of petroleum products in a bid to woo voters to retain him. “We’re being told...
The Monetary Policy Committee (MPC) of the Bank of Ghana will next week Monday, announce its policy rate for commercial banks in the country. The announcement will conclude the MPC’s 73rd regular...
The 2016 presidential candidate of the New Patriotic Party has revealed that in the coming days, and in his desperation to hang onto power, President John Dramani Mahama will announce a reduction in...
The 2016 presidential candidate of the New Patriotic Party is claiming that in the coming days, and in a desperation to hang onto power, President John Dramani Mahama will announce a reduction in the...
Local service companies in the oil and gas sector have been advised to conduct feasibility studies into areas where they want to operate to avoid loss of investment. Mr. Theophilus Ahwireng, Acting...
Investors around the world are reacting with shock to Donald Trump's victory in the U. S. presidential election. Global stock markets are dropping, Mexico's currency has tanked and U.S. stocks are...
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained that this was the case as members of the Organization of the Petroleum Exporting...
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained that this was the case as members of the Organization of the Petroleum Exporting...
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion loan facility it abandoned in 2014. The government suspended discussions with the...
Government is in strategic negotiations with Chinese authorities to access the remainder of the US$3 billion loan for energy and gas infrastructure projects, Seth Terkper, Finance Minister has said....
The Minister of Finance, Seth Terkper, has confirmed the New Patriotic Party’s (NPP) claims that government intends to offer gas from one of the country’s gas fields to China for a loan from...
Finance Minister, Seth Terkper, has disclosed that the main propeller of growth next year will be the oil and gas sector with the Jubilee oil field expected to take center stage. Oil production in...
The Ghana cedi is projected to sell at a higher amount in relation to other major currencies on the global interbank market, Groupe Nduom (GN) Research has predicted. According to the analyses by GN...
The government has renewed its promise to maintain strict fiscal discipline and avoid the mistakes made in the last elections ahead of the 2016 polls. President John Mahama, who is seeking a second...
The Finance Minister, Seth Terkper today announced a prospective new Eurobond issue and all tender offer in respect of the outstanding Eurobonds due 2017. A release by the Finance Ministry said,...
Every economy managed according to the rules of capitalism may experience boom, recession or depression. Nigeria’s current recession has been in the pipeline to burst anytime the shallowness of her...
It’s heart-warming to note efforts by the present administration led by President Muhammadu Buhari to invigorate the economy for the overall interest of Nigerians. One of such proposals is the...
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has warned that hundreds of its members are set to lose their jobs in the coming weeks due to the drop in world oil...