The Chief Executive Officer (CEO) of the Petroleum Hub Development Corporation (PHDC), Toni Aubynn, has appealed to government to accelerate their acquisition of land for the proposed Petroleum Hub in the Western Region, warning that delays are discouraging potential investors.
Addressing the Media, Dr. Aubynn...
A Whistleblower has alleged $94 Million Fraud in Ghana’s Petroleum Sector. News from NorvanReports can confirm that a formal petition has been submitted to Ghana’s Economic and Organised Crime Office (EOCO) on May 16, 2025, alleging an elaborate and high-value fraud scheme involving two...
Fuel prices may rise during the first pricing window of July due to escalating Middle East tensions, the Chamber of Petroleum Consumers (COPEC) has warned.
According to COPEC, the ongoing conflict between Iran and Israel, which has been exacerbated by recent U.S. airstrikes on...
Ghana’s economic reform efforts have received a major boost as global ratings agency Fitch upgraded the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook.
The upgrade is a clear endorsement of the decisive fiscal and debt management...
Ghana’s economic reform efforts have received a major boost as global ratings agency Fitch upgraded the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook.
The upgrade is a clear endorsement of the decisive fiscal and debt management...
The government missed its Treasury bill target by GHS 393 million, according to the Bank of Ghana's most recent auction results, which indicate a 5.19% undersubscription.
Despite the government's goal of raising GHS 7.58 billion, GHS 7.19 billion was raised in total bids. As...