Picture:Bolaji Agbede Access Bank, one of Nigeria’s largest banks, has appointed a temporary replacement for CEO Herbert Wigwe, who died alongside five others in a helicopter crash last Friday. Bolaji Agbede, Access Bank’s most senior founding executive director, will assume the CEO position in acting capacity, the bank’s parent company, Access Holdings […]
Business News
Bank of Ghana to gradually phase out Gold for Oil policy
The Bank of Ghana (BoG) has announced that it will gradually phase out the Gold for Oil policy, implemented in February 2023 to stabilize fuel prices. The Central Bank believes that the programme has achieved its purpose and is no longer necessary. “The Gold for Oil policy was a crisis […]
Botswana Spars With G7 Over Diamond Certification
Botswana has rejected plans by the G7, a group of Western countries, to have all African diamonds sent to Antwerp, Belgium for certification. Gaborone claims that such a move – which is designed to enforce sanctions on Russian diamonds – would cause a logistical nightmare and increase costs for African […]
Dr. Bawumia kicks against fiscal indiscipline; outlines stricter amendment to Fiscal Responsibility Act
The Vice President and Flagbearer of the NPP, Dr. Mahamudu Bawumia has kicked against fiscal indiscipline, which he says is a major contributory factor to macroeconomic instability. Addressing the nation on Wednesday February 7, 2024 to unveil his policy and priorities for the nation, Dr. Bawumia said if elected President […]
I will abolish e-levy as President – Bawumia declares
The Vice President, Dr. Mahamudu Bawumia, has stated categorically that he will abolish the tax on electronic financial transaction, e-levy, if elected President of Ghana. The controversial tax was introduced in 2022, and prior to the introduction, Vice President Bawumia had declared his opposition to levies on electronic financial transaction […]







