Bawumia meets Deputy UN Secretary General

Bawumia meets Deputy UN Secretary General

Vice-President Dr Mahamudu Bawumia on Wednesday, 11 July 2018, met with the Deputy Secretary General of the United Nations (UN), Mrs Amina J. Mohammed, to discuss the leadership role that Ghana is providing on several initiatives that harness data revolution for sustainable development. The meeting was held on the sidelines of the meeting of Board members of the UN’s Global Partnership for Sustainable Development Data (GPSDD), which took place in New York, United States of…

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FBN Bank Ghana falls on mother company in Nigeria to recapitalize

FBN Bank Ghana falls on mother company in Nigeria to recapitalize

BN Bank has stated that it will rely on its mother bank in Nigeria to raise 25 percent of the money it needs to meet the minimum capital requirement set by the Bank of Ghana. According to the bank, such a move will put it in a good position to meet the 400 million cedis minimum capital requirement set by the central bank. Banks in the country have up until December this year to meet…

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Ghana: Gold prices soar as U.S. dollar weakens

Ghana: Gold prices soar as U.S. dollar weakens

The U.S. dollar fell to its weakest since mid-June and gold prices have soared as a result, according to a Reuters report. Spot gold reached $1,258.61 an ounce, while the dollar index fell to a three-and-a-half week low after reports showed slow wage growth. Holdings of the world’s largest gold-backed exchange-traded fund, SPDR Gold Trust, dropped to 802.24 tonnes Friday, a .15% loss. Although the U.S. economy produced more jobs in June, inflation pressures should…

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Crisis For Theresa May As Britain’s Brexit Minister Resigns

Crisis For Theresa May As Britain’s Brexit Minister Resigns

British Prime Minister Theresa May faced a crisis in her cabinet on Monday after Brexit minister David Davis and one of his deputies resigned over a plan to retain strong economic ties to the EU even after leaving the bloc. All eyes are on whether there will be further resignations by Brexit hardliners that could threaten May’s leadership, after junior minister Steve Baker followed Davis out the door. The Brexit ministry denied that junior minister Suella Braverman had also quit,…

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Supreme Court dismisses Saraki’s false asset charge

Supreme Court dismisses Saraki’s false asset charge

The Supreme Court has dismissed the three remaining charges of false asset declaration brought against the Senate president, Bukola Saraki. In a judgement on July 6, the court affirmed the June 2017 decision of the Code of Conduct Tribunal which ruled that the prosecution failed to prove the case against Mr saraki. The senate president was brought on an initial 16-count charge of false asset declaration by the Code of Conduct Tribunal in September 2016 by the…

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Tunnel

Tunnel

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi rhoncus ante et erat porta venenatis. In ligula sem, porttitor a elementum eget, bibendum non ligula. Cras non dapibus mauris. Proin congue sapien ac eros pulvinar volutpat. Pellentesque ut lacus iaculis, scelerisque lectus in, tristique orci. Vivamus dictum varius tellus, ultrices sagittis turpis molestie in. Quisque eu congue odio, sed laoreet erat. Morbi non finibus diam, id tincidunt purus. Ut aliquam, ipsum ac faucibus facilisis, nunc…

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Lions eat ‘rhino poachers’ on South African game reserve

Lions eat ‘rhino poachers’ on South African game reserve

At least two suspected rhino poachers have been mauled to death and eaten by lions on a South African game reserve, officials say. Rangers discovered the remains of two, possibly three, people in a lion enclosure in the Sibuya reserve, near the south-east town of Kenton-on-Sea. A high-powered rifle and an axe were also found. There has been an rise in poaching in Africa in recent years, to feed growing demand for rhino horn in…

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