Author: Constance Awunor
Some Oil Marketing Companies (OMCs) have begun adjusting fuel prices at pumps starting the morning of February 16, 2026, following industry projections indicating that petroleum product prices could increase by between 1% and over 3% per litre. Checks conducted on February 16 show that GOIL has raised its petrol price to GH¢10.24 per litre, up from GH¢9.99. Diesel prices have also increased, moving from GH¢11.90 to GH¢12.83 per litre. GOIL noted that these figures reflect discounted prices offered at 200 service stations nationwide, suggesting that prices at other stations could be higher. The move indicates that GOIL has complied with…
United Bank for Africa (UBA) Plc, known as Africa’s Global Bank, has introduced a new diaspora banking and investment platform aimed at connecting Africans living abroad and across the continent with tailored financial and wealth-building opportunities. The platform, launched in collaboration with leading ecosystem partners including United Capital, Africa Prudential, UBA Pensions, Afriland Properties, Heirs Insurance Group, and Avon Healthcare Limited, represents a major step in redefining diaspora banking beyond remittances toward structured wealth creation and long-term investment. At the unveiling, which took place at UBA’s global headquarters in Lagos under the theme: “Beyond Banking: Powering the Global African Lifestyle,…
The Executive Director of the Ghana Real Estate Developers Association (GREDA), Samuel Amegayibor, is all for the government’s plan to cap rent advance at just one year under the new Rent Bill, and he says it’s only fair. Weighing in on the ongoing rent reform debate, Mr. Amegayibor didn’t hold back. He pointed out that while many landlords currently demand two years’ rent upfront and sometimes even more when they can, that practice puts serious financial strain on tenants. “For me, I think the one-year rent advance is fair. Landlords normally take two years’ advance now and more if they…
Mark Zuckerberg, chief executive of Meta Platforms, took the stand in a California courtroom on Wednesday to defend his leadership in a landmark case examining whether social media platforms are addictive for children. It marked Mark Zuckerberg’s first appearance before a jury following years of scrutiny directed at Meta Platforms, the parent company of WhatsApp and Facebook, which he co-founded. Meta’s legal team contends that the lead plaintiff, identified by her initials K.G.M., suffered harm due to other circumstances in her life rather than her use of Instagram. The closely watched trial also names YouTube, owned by Google, as a…
The Food and Drugs Authority has escalated its actions from issuing warnings to taking firm enforcement measures, closing down 16 food service establishments in the Greater Accra Region on Wednesday, February 18, 2026, for operating without valid Food Hygiene Permits. The crackdown comes exactly two weeks after the Authority issued a public notice stating that, effective February 1, all non-compliant facilities would face immediate closure. In a statement posted to its official Facebook page, the FDA confirmed that it has now taken action against businesses that failed to meet the regulatory deadline. Among the 16 establishments shuttered during the exercise…
The Minority inThe Minority in Parliament has indicated that it is prepared to take steps to compel the Finance Minister, Cassiel Ato Forson, to appear before the House over mounting concerns about delayed payments to cocoa farmers. Parliament has indicated that it is prepared to take steps to compel the Finance Minister, Cassiel Ato Forson, to appear before the House over mounting concerns about delayed payments to cocoa farmers. Addressing the matter on the floor of Parliament on Tuesday, February 17, Minority Leader Alexander Afenyo-Markin described the situation as urgent, noting that the government has yet to fully settle payments…
Ghana captain Andre Ayew says retirement is far from his thoughts as he continues his playing career in Europe. The 36-year-old attacker recently resumed club action after sealing a move to Dutch side NAC Breda. Ayew joined the Eredivisie outfit on a free transfer following the expiration of his contract with Le Havre at the end of last season. He signed a short-term deal that will keep him at the club until the conclusion of the current campaign. On the international stage, the experienced forward has not featured for Ghana since the 2023 Africa Cup of Nations, which was staged…
MTN Ghana has launched Y’ello Protect 419, making it easier than ever for customers to report fraud. By simply dialling 419, users can flag suspicious activity across all MTN platforms, including voice, data, Mobile Money (MoMo), and other digital solutions. The move is part of MTN’s broader push to strengthen security, build trust, and create a safer digital ecosystem for all users. With fraud and online scams becoming more common in the telecom and digital finance space, the company wants to ensure its customers have a simple and effective way to report suspicious activity.Jemima Kotei Walsh, MTN Ghana’s Chief Customer…
Gabon’s media regulator has announced the suspension of social media platforms “until further notice,” citing the role of online content in fueling conflict and deepening divisions within the country, according to the BBC. In a televised statement on Tuesday evening, the High Authority for Communication (HAC) pointed to the “spread of false information,” “cyberbullying,” and the “unauthorised disclosure of personal data” as key reasons for the decision. HAC spokesperson Jean-Claude Mendome did not specify which platforms would be affected, though WhatsApp, Facebook, and TikTok are widely used across Gabon. The announcement comes as Gabon continues to navigate a politically sensitive…
The Ghana Cocoa Board (COCOBOD) is projected to save approximately GH¢5 million each month following newly announced salary reductions for its executive management and senior staff, according to the Board’s Head of Public Affairs, Jerome Kwaku Sam. The pay cuts 20 per cent for executive management, and 10 per cent for senior staff, took immediate effect and will remain in force for the remainder of the 2025/2026 crop year. The decision, contained in a press release dated Monday, 16 February 2026, forms part of a broader strategy to address ongoing liquidity challenges within the cocoa sector. Speaking in an interview…