No evidence Menzgold CEO won $39m Dubai judgment

Chief Executive of defunct Menzgold’s claim he won $39m court judgment in Dubai crucial to paying off frenzied customers in Ghana has been doubted. Legal counsel for some affected clients of the…

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Nigeria’s population explosion is frightening – Buhari

President Buhari on Monday August 19, expressed fear over Nigeria’s population explosion which he described as "frightening". The President told the 43-ministers-designate who will assume office tomorrow to work hand-in-hand to…

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Nigeria defends currency reserves in face of $9bn UK court ruling

The ruling could force Africa's largest economy to turn over 20 percent of its foreign currency reserves. The central bank of Nigeria will strive to protect the country's currency reserves after a…

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We’re making progress in Otumfuo’s Asamponhene’s murder — Ashanti Regional Police

The Ashanti Regional Police Command says it is making important progress with investigations into the suspected murder of the Otumfuo's Asamponhene, Oheneba Kwadwo Afodour. “Yes, I can tell you that…

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Ghana’s financial nightmare: 70,000 people can’t access savings

Investors are in for a wait as the country's markets regulator probes whether fund managers mishandled clients' money. Isaac and Bless Boahen saved for months to fund her economics doctorate,…

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BoG directs rural banks, MFIs to recapitalise by Feb 2020

The Bank of Ghana (BoG) has directed rural and community banks (RCBs) and microfinance institutions (MFIs) to recapitalise to GHc1 million and Ghc2 million respectively by February 2020. The directive…

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German government deports new batch of Nigerian migrants

The German government has deported a new batch of Nigerian migrants barely 48 hours after the attack on former Deputy President of the Senate Ike Ekweremadu, by the Indigenous People…

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40 Ghanaians deported from US, 12 from Saudi Arabia

The United States of America has deported 40 Ghanaians for engaging in various criminal activities and immigration-related issues. A statement from the Ghana Immigration Service (GIS) noted that 12 Ghanaian…

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Zambian President Levy Mwanawasa Dies Aged 59

The Zambian president, Levy Mwanawasa, died in France today nearly two months after suffering a stroke during an African Union conference. He was 59. Doctors at the Percy military hospital…

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Aid me to recover $39m Dubai debt – NAM 1 begs government

Nana Appiah Mensah, the Chief Executive Officer of Menzgold, has implored the Attorney General's Department to aid him to retrieve a $39million debt owed his firm by Horizon Royal Diamond…

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