Month: April 2025

Cybersecurity expert urges telcos to identify system vulnerabilities amid rising MoMo fraud

News

Cybersecurity specialist Yaw Ansu Gyeabour has issued a critical warning to telecommunications and mobile money operators, urging them to conduct rigorous assessments of their internal systems to identify hidden weaknesses. Speaking on JoyNews, he explained that the recent surge in sophisticated fraud cases – including a viral report of an MTN customer’s account being emptied […]

Ghana Fuel Prices Set for Fifth Consecutive Decline in December 2025

Business

Ghanaian consumers are expected to experience further relief at the pumps as fuel prices continue their downward trend. Starting in late December 2025, petrol prices are projected to decrease by 1.5%, settling at GH₵14.88 per litre. Diesel and Liquefied Petroleum Gas (LPG) will see more marginal reductions of 0.3%, bringing their respective costs to GH₵15.50 […]

Ministry of Finance Orders Forensic Audit of GH¢4.4 Billion in State Payables

Business

In a decisive effort to restore fiscal credibility, Finance Minister Dr. Cassiel Ato Forson has launched an eight-week forensic audit into GH¢4.4 billion of outstanding government payables. Announced on April 15, 2025, during a joint briefing with the Bank of Ghana and the IMF, the audit will be spearheaded by the Auditor-General alongside two international […]

Ministry of Finance Unveils Bold Structural Reforms to Restore Fiscal Discipline

Business

In a strategic push to reinforce Ghana’s IMF-supported recovery program, the Ministry of Finance has introduced a comprehensive set of structural reforms designed to enhance transparency and curb public overspending. Finance Minister Dr. Cassiel Ato Forson announced these measures during a joint press briefing with the Bank of Ghana and the IMF, highlighting the government’s […]

Finance Minister Dr. Cassiel Ato Forson Elected Chairman of EBID Board of Governors

News

Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, has been elected as the Chairman of the Board of Governors for the ECOWAS Bank for Investment and Development (EBID). The election took place during the Bank’s 23rd Annual General Meeting in Banjul, Gambia. Representing the Minister, Deputy Finance Minister Thomas Nyarko Ampem accepted the appointment, signaling […]

PURC Recoveries in Bono Region: GH¢835,000 Retrieved for NEDCo in Q1 2025

News

The Bono Regional Office of the Public Utilities Regulatory Commission (PURC) has reported a highly productive start to 2025, recovering GH¢835,579.69 in unpaid revenue for the Northern Electricity Distribution Company (NEDCo). According to the Commission’s first-quarter report, these recoveries were balanced by a commitment to consumer rights, with the PURC also securing GH¢16,263.74 in billing […]

Two sisters arrested for staging abduction with help of married boyfriend

International, News

The Federal Capital Territory (FCT) Police Command has arrested four suspects in connection with a fraudulent kidnapping scheme designed to extort ₦5 million from a resident of Jikwoyi, Abuja. The case, which was brought to light by the victim, a man identified as Mr. Innocent, began in July 2025 when his 16-year-old daughter, Lead Way […]