GHANA has emerged as one of the most expensive countries in the world for internet access, ranking second globally with an average cost of $2.58 per Mbps. The ranking, based on data from TechGaged.com and the Digital 2025: Global Overview Report, highlights the stark contrasts in internet affordability worldwide. Ghana among the most expensive …
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THE ECOWAS Bank for Investment and Development (EBID) has partnered with the European Investment Bank (EIB) to mobilise €300 million for renewable energy projects across West Africa. This initiative, backed by the EU, aims to drive climate action, expand clean energy access, and support sustainable economic growth in the region. Major investment …
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PRESIDENT John Dramani Mahama has laid out a comprehensive strategy to restore Ghana’s struggling economy, pledging to rein in debt, boost industrialisation, and introduce a 24-hour economy to stimulate job creation and long-term growth. Speaking at the National Economic Dialogue 2025 on Monday, Mahama acknowledged the severe economic challenges facing Ghana and …
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A SPECIAL court in Guinea has sentenced former prime minister Ibrahima Kassory Fofana to five years in prison after finding him guilty of corruption and embezzlement. According to the Associated Press (AP), the court also imposed a 2 billion Guinean franc ($230,000) fine on Fofana for misappropriating public funds. Corruption charges and conviction Fofana, …
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GHANAIAN lawmakers have revived a controversial anti-LGBTQ bill, seeking to impose harsher penalties on same-sex relationships and those who advocate for LGBTQ rights. The bill, which previously stalled due to legal challenges, was reintroduced on February 25 by ten parliamentarians, including ruling party lawmakers Samuel Nartey George and Emmanuel Kwasi Bedzrah, …
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A MISSION from the Economic Community of West African States (ECOWAS) has withdrawn from Guinea-Bissau after President Umaro Sissoco Embalo threatened to expel the team. The mission was sent to mediate a growing political crisis over the country’s delayed general elections. Election delay sparks tensions General elections in Guinea-Bissau were originally scheduled …
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The Rivers House of Assembly has written to Gov. Siminalay Fubara, urging him to re-present the 2025 Appropriation Bill within 48 hours. The House made this known in a five-point resolution by Mr Martin Amaewhule-led Rivers State House of Assembly at plenary on Monday in Port-Harcourt. The Amaewhule-led members of …
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THE establishment of the Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals has helped in combating illegal mining activities and preserving revenue. Dr Abubakar Audi, the Commandant-General (CG) of the NSCDC, made this known when he presented cheques worth over N600 million Group Life Assurance benefits to families of more …
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Oil-producing African countries have increased their crude production quota, now accounting for 35 per cent of newly discovered oil reserves in 2024, a substantial rise from just seven per cent in 2023, a new report by S&P Global has stated. The production upsurge shows that African nations are now leading …
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FOREIGN investors withdrew N45.85bn from the Nigerian stock market in January 2025, an outflow that significantly overshadowed the N25.66bn recorded as foreign inflows within the same period. The latest Nigerian Exchange Domestic and Foreign Portfolio Investment Report revealed that foreign outflows accounted for 64.12 per cent of total foreign transactions …
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