Author: TNRgh

By Prince Ahenkorah The government’s drive to reduce fuel costs and strengthen Ghana’s energy security has received a major boost, as Sentuo Oil Refinery is expected to receive one million barrels of crude oil from Ghana’s Jubilee Field for local processing. The shipment marks a significant milestone in efforts to increase domestic refining capacity and reduce the country’s reliance on imported petroleum products. Industry experts believe the initiative forms part of the broader strategy by the administration of President John Dramani Mahama to promote local value addition in the petroleum sector. The move comes at a time when geopolitical tensions…

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By Leo Nelson The Government of Ghana has recorded a significant turnaround in its treasury bills auction, exceeding its fundraising target despite a sharp rise in borrowing costs. The latest auction results released by the Bank of Ghana revealed that investor demand surged strongly, helping the government secure GH¢5.83 billion from the domestic market. The outcome marks a major reversal from the previous two weeks, during which treasury bill auctions suffered undersubscription as investors remained cautious amid changing market conditions. This time, however, investors returned aggressively, submitting bids worth GH¢6.09 billion against a target of GH¢5.44 billion. The strong response…

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– Commits to Expand Access and Improve Safety   The National Petroleum Authority (NPA) on Mondaycommemorated World LPG Day 2026, reaffirming its commitment to expanding access to and improving safety in the use of Liquefied Petroleum Gas (LPG). The programme brought together stakeholders from government and the energy sector, including representatives from the Ministry of Energy and Green Transition, the Petroleum Commission, the Chamber of Oil Marketing Companies (COMAC), the Chamber of Bulk Oil Distributors (CBOD), the Ghana LPG Industry Players Association (GLIPGOA), GOIL, and other industry players, to reinforce the strategic importance of LPG as a cleaner energy alternative,…

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Exposes a Web of Debt, Lawsuits, and State ProbesBy David Tamakloe & Prince AhenkorahOn a quiet Friday afternoon in early June, Zeemoney Barbados Limited posted a brief notice on its website: it had applied to the Central Bank of Barbados for approval to voluntarily wind up its operations. Four branches across the island from the Dome Mall in Warrens to Speightstown, Hastings, and the Sheraton Mall Annex were effectively closed.The news came as little surprise to those tracking the company’s parent, Zeepay Ghana Ltd, one of West Africa’s most celebrated fintech success stories. But what the Barbados shutdown has revealed…

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By Prince Ahenkorah Godwin Edudzi Tameklo, Chief Executive of the National Petroleum Authority (NPA), stood before an audience at the World LPG Day celebrations on Monday and made a pledge that sounded bold: at least 50% of Ghanaians will have access to LPG for domestic cooking by 2030.The target is not new. But in a speech laced with safety slogans and partnership calls, Tameklo offered little detail on how the remaining 7 percentage points from the current 43% penetration to 50% – will be bridged in just four years. And industry insiders are asking whether the NPA’s “crusade” is more…

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– Analyst Predicts Tougher Months for Stability  By Leo Nelson The Ghana cedi experienced a notable setback in May 2026, depreciating by approximately 4.6 percent against the US dollar, according to official interbank exchange rate data from the Bank of Ghana. The local currency moved from GH¢11.19 to the dollar at the end of April to GH¢11.73 by the close of May, reflecting mounting pressure in the foreign exchange market. The decline has reignited discussions among market participants, importers, exporters, and policymakers about the sustainability of the cedi’s gains recorded earlier in the year and the outlook for the remainder…

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“I need to spend time with my kids. They are the most important thing for me now.”Prophet Boadi Nyamekye Breaks Silence on US Exile, Denies EOCO Probe By Gifty Boateng For two years, Prophet Dr Michael Boadi Nyamekye, founder of Makers House Chapel International, was a ghost in Ghana. His church ran on autopilot. His members whispered. And when The New Republic broke the story on June 4 that he had fled to the United States as the Economic and Organised Crime Office (EOCO) closed in, the rumour mill went into overdrive.Now, the prophet has spoken and his explanation is…

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Direct ‘Mafia Ring’ to reverse Galamsey Appointments in Colleges of Education By Prince Ahenkorah A major governance dispute, has emerged within Ghana’s tertiary education sector after the Minister for Education, Haruna Iddrisu, directed the Ghana Tertiary Education Commission (GTEC) to review and, where necessary, withdraw communications perceived as interfering with the appointment processes of Principals and Vice-Principals in Colleges of Education. The minister’s intervention follows a formal complaint by the Governing Council of Foso College of Education Governing Council, which accused GTEC of unlawfully constituting a Search Committee to oversee the appointment of a new Principal and Vice-Principal for the…

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as Sentuo Refinery Commences Local Crude Refinery By Leo Nelson Ghana is firmly on a path toward eliminating its heavy reliance on imported refined petroleum products and transitioning into a major net exporter of finished oil products across the West African sub-region, Energy and Green Transition Minister, John Abdulai Jinapor, has declared. This strategic economic turnaround follows the historic delivery of the first-ever parcel of domestic crude oil from the Jubilee Field to the privately owned Sentuo Oil Refinery for local processing. By redirecting the nation’s sweet light crude away from total foreign exportation and into domestic processing units, the…

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African nations must protect their socio‑cultural identities and align national laws with the aspirations of their citizens, rather than bowing to external pressures. That was the core message from Ghana’s Chief of Staff, Dr Julius Debrah, at the 4th African Inter‑Parliamentary Conference held in the capital. Speaking to a continent‑wide audience of speakers, lawmakers and policy experts, Dr Debrah argued that genuine democratic governance flows from internal legitimacy, not foreign prescription. “Our responsibility is not to dictate how others should live. It is to ensure that our own laws, educational systems and public institutions remain reflective of the values and…

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