Prime News Ghana

Today's Ghana Business, Banking and Economic news

Oil giant, ENI sues Government of Ghana in London

Italian oil giant, ENI has sued the Government of Ghana in a London court after a former Energy Minister John Peter Amewu in April 2020 issued a directive to the company and Springfield E&P to begin talks and combine their adjacent oil and gas fields.

Nuclear power project to generate $1.2b for local industries

The Director-General of the Ghana Atomic Energy Commission (GAEC), Prof. Benjamin Jabez Botwe Nyarko, has said that Ghana’s Nuclear Power Programme (NPP) will generate an estimated $1.2 billion through local industry participation during its implementation.

IFS prompts govt to take control of extractive sector

The Institute for Fiscal Studies (IFS), a fiscal policy think-tank, has called for the state to take over the commanding heights of Ghana’s extractive sector to increase government revenue generation from the nation’s mineral and oil resources.

Ghana’s economic growth rises to 8.9%

Ghana’s ongoing economic rebound, after suffering its first recession in over three decades last year, reached a crescendo during the second quarter of this year, reaching 8.9 percent of Gross Domestic Product.