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Ahmad

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Finance

Renforcer le Système Judiciaire Togolais : Lutte Clé Contre la Corruption

À Lomé, une session de formation cruciale a réuni ce jeudi des acteurs clés du secteur judiciaire togolais. Objectif ? Renforcer la lutte contre la corruption au sein du système pénal. Soutenue par la Haute Autorité de Prévention et de Lutte contre la Corruption et Infractions Assimilées (HAPLUCIA), cette initiative cible greffiers, secrétaires du parquet, administrateurs pénitentiaires et surveillants des Cours d’Appel de Lomé et Kara, ainsi que la Cour Suprême du Togo. L’Importance de Cette Formation La corruption sape la confiance envers les institutions. En formant le personnel judiciaire, le Togo renforce son système pour une justice plus intègre. Le Ministre de la Justice, Professeur Nahm-Tchougli, a souligné : "Vous êtes les piliers discrets mais essentiels de nos tribunaux et prisons. Votre rôle dans la prévention et la dénonciation de la corruption est fondamental. Une justice crédible exige des agents intègres." Vers une Transparence […]

Ahmad June 20, 2025

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Ahafo

129,000 Freshers Apply for Govt’s No‑Academic‑Fee Grant under ‘No‑Fees‑Stress’

As of today, the No Academic Fee Policy has already attracted 129,054 applications from first-year tertiary students via the No‑Fees‑Stress portal—showing strong early demand for relief from academic facility user. What the Policy Covers Targets all level‑100 students in public tertiary institutions. Facilitates access via the No‑Fees‑Stress portal—students register using their Ghana Card IDs. Government Funding & Disbursement GH¢499.8 million has been set aside for the 2025 policy rollout, as announced in the 2025 national budget . President John Mahama confirmed earlier this month that GH¢452.9 million has been directly allocated (via GETFund) to cover fees for 156,294 students. Why It Matters ReasonImpactLarge Student Demand129,000+ applications indicate urgent need for fee reliefAccess and InclusionReduces financial barriers for thousands entering tertiary educationBudgetary CommitmentNearly GH¢500 million dedicated—shows high-level priorityDigital AccessThe portal enables swift, transparent grant distribution What’s Next Portal Monitoring – Application numbers may continue […]

Ahmad June 20, 2025

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Ahafo

EC Appeals to Parliament for Police Protection to Complete Ablekuma North Collation

More than six months after Ghana’s December 7, 2024 general elections, collation of parliamentary results in Ablekuma North remains incomplete due to a lack of security support . The EC insists the results from the three outstanding polling stations can still be added, avoiding the need for a re-run. EC’s Appeal to Parliament Why a Re‑run Isn’t Necessary No injunction from the Supreme Court or any legal block—though the Police cite pending AG advice before taking action. The EC insists the process remains valid and that a re-run should be considered only if collation efforts fail—a step that would be “a last resort”. Implications & Next Steps AreaWhat It MeansParliamentary RoleParliament may need to mandate police action to protect EC officersCost & CredibilityCompleting collation avoids costly ballot reprints and boosts voters’ trustElectoral ClarityFinalizing results ensures Ablekuma North is properly represented […]

Ahmad June 20, 2025

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Ahafo

Ghana Armed Forces to Recruit 12,000 Youth Over Four Years, Defence Minister Confirms

On June 19, 2025, Defence Minister Dr. Edward Omane Boamah announced a large-scale recruitment initiative: the Ghana Armed Forces (GAF) will enlist 12,000 young Ghanaians over the next four years. The plan comes with full endorsement from President John Dramani Mahama. Objectives & Rationale The recruitment drive aims to: Empower youth with stable, disciplined career paths. Boost national security by fortifying GAF ranks. Combat unemployment through structured training and service. Dr. Boamah emphasized the importance of applicants being medically and physically fit, citing the rigours of military training—including the risks involved, as some recruits have previously died in training . Roll-Out Plan The recruitment will occur in phased intakes, averaging 3,000 recruits per year. An officer corps intake is planned in parallel with recruitment for enlisted soldiers. Application guidelines, fitness criteria, and schedules will be released on official GAF and […]

Ahmad June 20, 2025

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Ahafo

14 Years of Oil Production: Most Ghanaians Say Oil Is Neither Blessing Nor Curse

A University of Ghana Business School study (2011–2023) shows 53% of Ghanaians believe oil production has been “neither a blessing nor a curse”, while only 21.6% see it as a blessing and 10% consider it a curse. Additionally: 58.8% said oil revenue hasn’t reduced regional inequalities. 46% said it hasn’t helped alleviate poverty. Oil Revenue, Limited Impact From 2011 to 2024, Ghana earned over US$11.2 billion in oil revenue, with GH¢27.5 billion channeled through the Annual Budget Funding Amount (ABFA) for national projects. However, the research highlights: Fragmented spending—e.g., road projects funded with under GH¢3,000—offering little public value. Regional disparities, with Greater Accra receiving ~50% of health and road funding despite only 17% of the population, while Upper East, Upper West, Northern, and Volta regions were underfunded. Academic Framing: Resource Curse or Resilience? Scholars note that Ghana’s oil experience defies simple labels—resources […]

Ahmad June 20, 2025

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Ahafo

First National Bank Ghana Receives $35 Million Capital Boost

On June 17, 2025, FirstRand Group, majority shareholder of First National Bank (FNB) Ghana, injected US $35 million into the bank. The move follows regulatory approvals and underscores confidence in Ghana’s economy. Strengthened Financial Position As of Q1 2025, FNB reported a net profit before tax of GH¢30.68 million, more than double year-on-year—alongside a Capital Adequacy Ratio of 20.88%, well above the BoG’s 15% minimum. The US$35 million will bolster its existing GH¢548 million capital base, further enlarging its ability to support business lending. Strategic Growth Plans According to CEO Warren Adams, the fresh capital: Demonstrates FirstRand’s confidence in Ghana’s regulatory environment and future prospects, Aims to scale lending to both large and small businesses, Reinforces FNB’s goal of being a trusted financial partner in Ghana’s development. Why It Matters FactorSignificanceEnhanced Lending CapacityMore funds available to finance SMEs across sectorsStronger Safety RatiosHigher CAR boosts depositor trust and regulatory […]

Ahmad June 20, 2025

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Locations

2027: Presidency Reveals When Tinubu Will Name His Running Mate

Tinubu’s 2027 Running Mate To Be Named After APC Convention – Presidency The presidency has responded to rumors that President Bola Tinubu may replace Vice President Kashim Shettima ahead of the 2027 general elections . Bayo Onanuga , Special Adviser to the President on Information and Strategy, said such claims are baseless and premature. He revealed that any decision on a running mate will be made after the APC holds its national convention in 2026 . “A candidate must emerge before we talk about a running mate,” he said. Onanuga added: “That’s how it happened under President Buhari. First nomination, then vice-presidential pick.” He also noted that the final decision will follow INEC’s official election timetable . No Rift Between Tinubu and Shettima – Onanuga Onanuga dismissed reports of tension between the president and vice president. “There is no existing […]

Ahmad June 20, 2025

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Events

JUST IN: Four Dead As Boat Capsizes in Kebbi

Four Lives Lost in Kebbi Boat Mishap A tragic boat accident in Kebbi State has claimed four lives , according to reports from the Nigerian Red Cross Society . The incident happened at the Yauri town market river bank , when a boat filled with water and capsized , throwing passengers into panic. Nafiu Nuhu, Disaster Management Lead for the Red Cross in Yauri, confirmed the tragedy occurred earlier this week. “The boat was overwhelmed by water from the river,” he said.“This led to confusion and drowning.” Rescue Efforts Underway Some victims were pulled from the water with help from: Nigerian Red Cross members National Inland Waterways Authority (NIWA) Local community volunteers Red Cross officials said they are working with NIWA and locals to search for any missing persons and provide emergency support. They also noted that some bodies had […]

Ahmad June 20, 2025

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Lifestyle

JUST IN: Peter Obi Calls Nigeria a “Crime Scene” Over NNPC’s N210 Trillion Scandal

Obi: Nigeria Has Become a Crime Scene Peter Obi, the Labour Party’s 2023 presidential candidate , has called Nigeria a “crime scene” after a Senate audit revealed ₦210 trillion in financial irregularities at the Nigerian National Petroleum Company (NNPC) between 2017 and 2023 . He made the remarks in a statement released on Friday , describing the findings as shocking and unacceptable. “This is not just another scandal,” he said.“It’s a clear and damning confirmation that Nigeria is being held hostage by corruption.” ₦210 Trillion Missing – Obi The Senate audit report showed: ₦103 trillion in questionable ‘accrued expenses’ ₦107 trillion in unaccounted ‘receivables’ Obi pointed out that Nigeria’s total national budget during the same period was only ₦88.01 trillion —less than half of what went missing from NNPC. “That means the amount lost or misused at NNPC is more […]

Ahmad June 20, 2025

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Events

GTBank Loses N30 Billion Queens’ Drive Property to Abiola’s Son – Court of Appeal

Court Rules Against GTBank, Returns Property to Abiola’s Son The Lagos Court of Appeal has ruled that GTBank had no legal right to take over the N30 billion Queens’ Drive mansion belonging to Alhaji Agboola Abiola , son of late presidential candidate M.K.O. Abiola . The court overturned the 2013 Federal High Court ruling that allowed GTBank to foreclose on the property. Judges said the original court ignored serious issues in the mortgage execution process. “The mortgage was so flawed it could not support any claim,” the panel stated. Mortgage Ruled Invalid Over Missing Signature, Alterations The court found that Alhaji Agboola Abiola never signed the mortgage document , making it invalid. It also noted that the footer of the document had handwritten changes not seen on other pages , raising concerns about forgery. “These mistakes make the mortgage legally […]

Ahmad June 20, 2025

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