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FBNBANK gets $72.5m capital injection

FBNBank Ghana Limited has received an inflow of $72.5 million from its parent bank, First Bank of Nigeria to shore up its capital to meet the Bank of Ghana’s new minimum capital requirement. The bank is liaising with the Bank of Ghana and other government agencies to obtain the necessary …

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Akufo-Addo pledges to revamp rail sector

President Nana Addo Dankwa Akufo-Addo on Wednesday affirmed his government’s commitment to reviving the railway sector to enable it to play its role in the socio-economic development of the country. The sector, he stated, was one of the most important in the transformation agenda of the country. “I am fully …

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New Ameri deal laid before Parliament

The Minister of Energy, John Peter Amewu, has laid before Parliament the renegotiated AMERI deal, which he says, has enhanced terms over the original agreement signed by the NDC administration. According to the Minister, the country will save millions of dollars under the new contract agreed between the Government of …

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Government to construct Aviation Conference Centre in Kumasi

The Minister of Aviation, Joseph Adda, has said government will soon construct an Aviation Conference Centre in Kumasi to host international Civil Aviation Organisation (ICAO) activities. The facility will also provide an alternative to the Accra International Conference Centre and also help to promote conference tourism in the country. The …

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