Tag Archives: million

Parliament has approved a total of $710 million in an emergency sitting today. MPs were summoned from the Easter break purposely for the 7 loan agreements some of which have been outstanding since last year. The facilities are a US$60.6 million as a third additional financing for the Ghana COVID-19 Emergency Preparedness and …

The Minister for Energy, Dr Matthew Opoku Prempeh has revealed that crude condensation of about $2.5m allocated to the Tema Oil Refinery is reportedly missing. The minister, widely known as NAPO, is reported by the Graphic on April 20, 2023, to have said that the fund was part of a business opportunity …

  Canadian rapper Drake has been sued by Ghana’s Hiplife legend, Obrafour over copyright infringement in his 2022 song ‘Calling My Name’ off his ‘Honestly, Nevermind’ album. The court document, according to 3news.com, revealed that Drake’s team reached out to Obrafour for the use of his song ‘Oye Ohene’ remix …

  The Northern Electricity Distribution Company (NEDCo) has disconnected the Bagabaga College of Education (BACE), the Tamale College of Education (TACE) and the Aliu Mahama Sports Stadium for over debts accruing to a combined tune of Gh¢8 million. Where as the Aliu Mahama Sports Stadium was disconnected for the non-payment …

Maame Yeboah Asiedu, a former UTV and Adom TV show host, is in hot water after allegedly defrauding a woman of GHC 650 million. According to reports, she neither sold the land nor returned the money to the woman. Instead, she has blocked the woman’s phone numbers as well as …

Alistair Mathias, the man who smuggles $40 million worth of gold out of Ghana every month Al Jazeera, last week, released the first episode of a four-part investigative series on the smuggling of gold in Africa. The episode exposes the men and women behind the crime in various parts of …

The Tema Oil Refinery has been cut off from the national power grid over failure to settle a GH¢26 million debt owed to the Electricity Company of Ghana, a citinewsroom.com report has said. According to the ECG, the huge sum is an accumulation of unpaid power bills covering several months. …

Ghana has always been touted as one of the best places to do business due to its peaceful, stable and evolving business climate. This has proven to be true over the years as the country has seen various foreigners set up multi-million-dollar businesses in Ghana. However, a number of Ghanaian …

Member of Parliament for Asawase Constituency, Mohammed Mubarak Muntaka has sued 11 branch executives in the Asawase constituency. The defendants are said to have issued a press statement of various defamatory statements which claims that the MP owns 15 stores at the newly built Asawase Market and the MP cannot …

AWestlake High School senior has received acceptance letters from over 50 colleges and over $1.3 million in scholarships. Daya Brown, who has been a member of the Harvard Diversity Project and was student council president during high school, said her goal was to ultimately not pay for college. She explained …