Prime News Ghana

Today's Ghana Business, Banking and Economic news

Nigeria orders Banks to loan more money

In an effort to boost economic growth in Africa’s most populous country, Nigeria is giving its banks a choice: lend more of their money, or hand it over to the central bank and earn nothing on it.

Receiver’s application against Unibank dismissed

An Accra High Court has dismissed an application instituted by the receiver of Unibank, Nii Amanor Dodoo, which sort to retrieve from the 17 shareholders of the defunct bank, the repayment of a GHC 5.7 billion debt owed the bank.

Cocoa farmers in Ghana, Cote D’Ivoire to be paid more

Ghana and Cote D’Ivoire have announced a US$400 per tonne (Living Income Differential) to be paid to cocoa farmers, as part of a set of measures they believe will further cushion cocoa farmers — having already agreed to a minimum price for a tonne of cocoa sometime last month.

Increased tariffs : Manufacturers to pass on cost to consumers

Ghana National Chamber of Commerce and Industry says manufacturers will be forced to transfer to Ghanaians, the cost associated with the recent increase in electricity and water tariffs announced by the Public Utilities Regulatory Commission (PURC).

Vice Prez. Dr Bawumia is headline speaker for E2A conference

Vice-President Dr. Mahamudu Bawumia has been named as the headline speaker by the International Centre for Evaluation and Development (ICED) at the upcoming Evidence to Action (E2A) 2019 conference to be held at the University of Ghana from 9-12 July 2019.