Author: Godwin Akweiteh Allotey
-
Winners of FBNBank Ghana save and win promo receive prizes
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited has presented prizes to winners of the 2019 Save & Win promo. The prize presentation afforded the bank an opportunity to make good on its promise of recognizing and rewarding the bank’s customers that participated in the culture of saving by participating in the…
-
COCOBOD signs $1.3bn syndicated loan for 2019/2020 crop season
COCOBOD has signed a 1.3 billion dollar syndicated loan to cater for the production of cocoa for the 2019/2020 crop season. The agreement was signed in Paris, France today Friday, September 13, 2019. Some of the banks that signed the agreement include Societe Generale, Nedbank, Ghana International Bank, Industrial and Commercial Bank of China, Bank…
-
ENI announces new gas discovery in Ghana
ENI Ghana has announced that it has discovered more gas and condensate in Cape Three Points, offshore Ghana. According to the company, the well, drilled on the Akoma exploration prospect, proved an estimated volume of between 550 and 650 bcf of gas and 18-20 mmbbl of condensate. A statement from the company said the field…
-
Contaminated fuel saga: Let Movenpina pay for 471,000 litres it lifted without payment – C’ttee to BOST
The committee set up to investigate the loss of off-specification petroleum products (off-spec) belonging to the Bulk Oil Storage and Transportation Company Limited (BOST) has come out with its report recommending punishment for the companies at the centre of the issue. The Committee chaired by Senyo Hosi, Chief Executive Officer of the Chamber of Bulk…
-
Ivory Coast destroys ‘dangerous’ rice rejected by Ghana
About 18,000 tonnes of rice declared unfit for consumption has been destroyed by authorities in West African Country, Ivory Coast. BBC reports that the said rice from Myanmar (also known as Burma) had been rejected by countries including Ghana. “The shipment of rice, from Myanmar (also known as Burma), had been refused entry at several West African…
-
Tang Palace wins prestigious National Best 4-Star Hotel award
Tang Palace Hotel has been honored with prestigious awards at the 2018 National Tourism Awards in Accra. The hotel was adjudged ‘4-Star hotel of the year’ National and Regional for maintaining high standards in service delivery. The citation accompanying the award paid glowing tribute to the Tang Palace hotel as ideally located in one of…
-
GHc1.9bn saved within 21 months from scrutiny of procurements – PPA
The Nana Akufo-Addo government has been able to save the state a whopping amount of GH₵1.9 billion due to the tightening of the public procurement space, which prevented procurement malpractices. Chief Executive Officer (CEO) of the Public Procurement Authority (PPA), Agyenim Boateng Adjei, who announced this, cited a number of procurement malpractices which the authority…
-
3,050 African youth to benefit from Tony Elumelu’s $100m entrepreneurship programme
The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, on Friday announced that some 3,050 African entrepreneurs, drawn from all 54 African countries, have been selected to join the 5th cycle of its $100million TEF Entrepreneurship Programme. The announcement was made at the Transcorp Hilton Abuja, following a presentation of…
-
GN Savings and Ecobank sign ‘mutually beneficial’ partnership
Ecobank Ghana and GN Savings have signed an agreement for the establishment of a partnership between the two financial institutions. The agreement was signed on Friday, 29th March 2019 at the offices of GN Savings. The agreement will see the two institutions work together in areas that will be mutually beneficial to both entities. The…