NEWS

‘You’re becoming the worse president ever’ – A Plus blasts Nana Addo

Controversial musician and a member of the ruling New Patriotic Party (NPP), Kwame A-Plus has taken to his Facebook page to lambast President Akufo-Addo saying he is “becoming the worse president ever” ruled Ghana. A Plus in the post sighted by Awake News was reacting to news headlines which sought to suggest that President Akufo-Addo said “Greedy criminals” are “sabotaging” ...

Read More »

GN Bank siphoned $62m – BoG

The clean-up of the banking, specialized deposit-taking (SDT) and non-bank financial institutions (NBFI) sectors in the country by the Bank of Ghana (BoG) is opening the Pandora’s box with regard to how some of the owners illegally transferred customers’ savings and investments without traces. The Central Bank last Friday struck once again when it announced a revocation of the licenses ...

Read More »

Ghanaians have been unfair to CID boss – Maurice Ampaw

Private Legal Practitioner, Maurice Ampaw, has said Ghanaians are unfair to be calling for the removal of COP Maame Yaa Tiwaa Addo-Danquah, the Director-General of the Criminal Investigations Department, over developments in the Takoradi kidnapping case. On 4th April 2019, CID Boss Tiwaa Addo-Danquah said the Police have discovered the whereabouts of three girls kidnapped last year at Takoradi and ...

Read More »

PDS Saga: US Embassy rejects Minority call for probe

ABC News Ghana can authoritatively report that the US Embassy in Ghana has dismissed a request by the Minority in parliament for a separate probe into issues of alleged fraud in the PDS-ECG concession arrangement. The Minority in a letter signed by its leader, Haruna Iddrisu, and submitted to the Embassy on Wednesday by its Ranking Member on Foreign Affairs ...

Read More »

Asiedu Nketiah bags MSc. Defence and International Relations

General Secretary of the main opposition National Democratic Congress (NDC), Mr Johnson Asiedu Nketiah, has graduated from the Armed Forces Command College with a Master of Science degree in Defence and International Politics. Popularly known as General Mosquito, Mr Nketiah was a member of parliament for the Wenchi West constituency from 1992 to 2000. He is the longest-serving General Secretary ...

Read More »

Why the BoG closed down Ideal, Midland, GN, Unicredit, 19 others

The Bank of Ghana has given detailed reasons on why it revoked the licences of 23 insolvent savings and loans companies and finance house companies. A statement issued by the BoG on Friday, August 16, 2019 said the revocation of the licences of the institutions had become necessary because they were insolvent even after a reasonable period within which the ...

Read More »

How Prophet Nigel Gaisie predicted the collapse of savings and loans companies

News of the Central Bank’s revoke of licenses of twenty-three (23) insolvent savings and loans companies and finance houses with immediate effect has undoubtedly shaken the nation barely three months after some 386 microfinances suffered the same fate. It however does appear it was revealed to controversial and outspoken founder and leader of True Word Fire Prophetic Ministries (TWFPM) Prophet ...

Read More »

Dr. Nduom reacts to BoG’s revocation of GN Savings Limited license

The Chairman and CEO Groupe Nduom, Dr Papa Kwesi Nduom has reacted to the Bank of Ghana’s decision to revoke the license of his company, GN Savings Limited. The Bank of Ghana on Friday revoked the licenses of twenty-three (23) insolvent savings and loans companies and finance house companies including the GN Savings Limited. The central bank in its statement ...

Read More »