Oil revenue must benefit Ghanaians – Dr Nduom

The Government has been tasked to utilise oil revenue for the benefit of Ghanaians, more specifically, the communities in the oil production area in a visible, positive and very significant way. Dr Papa Kwesi Nduom, Convention People's…

Ghana crude oil exports yield $484.2 million

Ghana became an oil producer and exporter following the commercial production of oil in the country on December 15, 2010. By the first quarter of 2011, crude oil exports from Ghana was estimated at $484.2 million, the governor of the Bank…

Bank of Ghana cuts policy rate to 13%

The Bank of Ghana has cut its policy rate to 13% today May 13, 2011. The announcement was made by the governor of the central bank, Mr. Kwesi Amissah-Arthur at a press conference in Accra. The rate has been pegged at 13.5% since July…