Today's Ghana Business, Banking and Economic news

The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) has hit $3billion, the Executive Secretary of NEITI,  Waziri Adio has disclosed.

The United States of America (USA) will begin accepting applications for the 2019 Diversity Visa Lottery Program (DV2019) today, Tuesday, October 3, 2017, at 16:00 hours Universal Time.

Travellers using Kotoka International Airport in Accra will soon enjoy free Wifi at all terminals of the Airport.

Ghana and Cote d’Ivoire, the two largest cocoa producing countries in the world, have now decided to co-operate in ensuring international stability in the pricing of cocoa and its products.

The Securities and Exchange Commission (SEC) has announced that Menzgold Ghana Limited, an investment company has not been licensed to operate in the capital markets.

Ghanaians and other foreign nationals residing in the United Kingdom (UK) illegally will from January next year -2018, have their bank accounts frozen.

The government of Ghana has celebrated the 60th anniversary of the country’s partnership with the World Bank.

Sources within the telecom industry have hinted that the license of Kasapa Telecom Limited, operators of Expresso telecom brand in Ghana will not be renewed after it expires in 2019.

The government has called on Czech investors to get involved in the country’s manufacturing sector in an effort to increase Czech investment in Ghana.

The HFC bank has secured the approval of its shareholders to rebrand the bank.

The interest charged on Kenya’s public debt rose by Sh56 billion in the 2016/17 fiscal year compared to the previous period, with total interest payments gobbling up more than a third of the country’s annual revenue.

The Ghana Revenue Authority (GRA) has vowed to take action against expatriates in the country who default on their tax returns or flout tax laws.

Government has blamed market forces for the increase in petroleum prices on the market.

Precious Minerals Marketing Company (PMMC), a gold and other minerals exporting company in the country on Wednesday 27th September, 2017 confirmed that its license has been revoked by the Bank of Ghana.

Minister of energy Boakye Agarko has hinted of steps by government to reduce electricity tariff in 2018 as promised by the NPP government during the 2016 electioneering period.