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The profit margin of Ada Rural Bank reduced from 75,796 Ghana cedis in 2008 to 14,426 Ghana cedis in 2009. Nene Gaduga Osrama IV, the immediate past Chairman of the Board of Directors of the Bank, said this at the bank's 25th Annual…

As Ghana anticipates drawing her first oil in the yuletide, the Police administration is also gearing to ensure that security related issues are decisively dealt with. Consequently, it is in the process of establishing a Marine Police Unit…

A 26-year-old Nigerian commercial sex worker, Ignetious Peace, has been jailed for five years for human trafficking, by a Kumasi Circuit Court for human trafficking. Assistant Superintendent of Police (ASP) Doris Amewu told the court…

Morocco unveiled on Tuesday a tourism development plan for the next 10 years to more than double its tourism receipts to 150 billion Moroccan Dirhams per year and turn tourism into its second largest sector after farming. "This ambitious…

Nigerian anti-fraud police are set to question the local managing directors of Shell and Halliburton. Both companies were investigated by the US Department of Justice over their alleged roles in bribery scandals in countries including…

Oil was steady near $84 on Wednesday, capped by a stronger dollar as financial markets remained focused on Europe's debt problems, while an industry report signaled a drawdown in U.S. fuel inventories may be slowing. U.S. crude for January…

Gold firmed to its highest in nearly three weeks on Wednesday as growing fears about Portugal's debt pummeled the euro, sending bullion priced in the single currency to a record high. Standard & Poor's threatened to cut the credit…

Senior football official Issa Hayatou has denied bribery claims made in a BBC documentary and has threatened to sue. Mr Hayatou, vice-president of football governing body Fifa, said money that the BBC's Panorama alleged was a bribe was in…

The European Commission has launched an investigation into Google after other search engines complained that the firm had abused its dominant position. The EC will examine whether the world's largest search engine penalised competing…

The cost of borrowing for Spain, Italy and Belgium increased as worries over the eurozone debt crisis intensified. The difference between the yield on German government bonds - considered the safest - and yields for those three countries…