Chinese firms poised to shake up currency markets, impacting investors
Investors are being advised to prepare for potential seismic shifts in currency markets amid the possibility of Chinese firms repatriating substantial amounts of their US dollar-denominated assets. Nigel Green, CEO of deVere Group, one of the world’s leading financial advisory and asset management firms, is issuing an alert about the move, driven by expected US interest rate cuts which could profoundly affect the relationship between the Chinese yuan and the US dollar, with broad implications for…
Read moreAsantehene’s destoolment of Sabronum Gyaasehene, two others over ‘galamsey’
The destoolment of Sabronum Gyaasehene, and two others by the Overlord of the Ashanti kingdom, Asantehene, Otumfuo Osei Tutu II, over galamsey, served as a sobering wake-up call regarding the inextricable link, between illegal mining, popularly known as galamsey and the involvement of chiefs.According to reports, The trio incurred the wrath of the King, following a review of a petition submitted by some concerned inhabitants of the traditional area—currently without a paramount chief.The document, read publicly…
Read moreMpraeso, Abetifi, Abuakwa mob Bawumia on Eastern regional campaign
The flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, on Wednesday, took his campaign to the Eastern Region, visiting the Abetifi, Mpraeso and Abuakwa constituencies. The paramount chief of Mpraeso, praised Dr Bawumia’s leadership, urging Ghanaians to disregard the ‘liar’ label attached to him by opposition elements. They acknowledged his contributions to Ghana’s progress, citing the country’s ranking among the top three in the world in various areas. “Many are quick to label Dr…
Read moreFinance minister disputes COCOBOD’s self-financing plan
… Insists syndicated loans still on table for 2024/2025 cocoa season The Minister of Finance, Dr Mohammed Amin Adam, has refuted recent claims made by the management of Ghana Cocoa Board (COCOBOD) concerning the self-financing of the upcoming 2024/2025 crop season. At his monthly economic updates in Accra, yesterday, Thursday, Dr Adam, was emphatic that the government will seek external funding to support the cocoa sector, contrary to COCOBOD’s earlier statements. Earlier, COCOBOD, had announced plans…
Read moreNDC demands apology from ICGC “Pastor” Atta Akyea
…Over derogatory Mahama comment The Member of Parliament (MP) for Abuakwa South, Samuel Atta Akyea, has gained notoriety for talking loosely in recent times, as he is being asked by the opposition National Democratic Congress (NDC) to apologise to its flagbearer, John Dramani Mahama, for referring to him, as a drunkard. During a mini-rally on August 27, 2024, Atta Akyea, a lay preacher at Pastor Mensah Otabil’s International Central Gospel Church (ICGC), made comments, suggesting that…
Read moreEnugu APC crisis: Ganduje not part of illegality – Acting chair, Onyeachonam
Enugu APC crisis: Ganduje not part of illegality – Acting chair, Onyeachonam The Acting Chairman of the All Progressives Congress, APC, in Enugu State, Nwafor Alphonsus Onyeachonam has urged the factional chairman of the party, Barr Ugochukwu Agballah to stop associating the party’s national chairman, Dr Abdulahi Ganduje with illegality. His warning comes amid a letter said to have been written by Ganduje threatening to sue the
Enugu APC crisis: Ganduje not part of illegality – Acting chair, Onyeachonam
Edo guber: I’m answerable to Edo people not any godfather – Akpata
Edo guber: I’m answerable to Edo people not any godfather – Akpata The Labour Party, LP, governorship candidate in the September 21, 2024 election in Edo State, Olumide Akpata, says he cannot be remote-controlled by any political benefactor or godfather if elected in the poll. He made this statement on Channels Television’s Politics Today programme on Thursday, saying he is only answerable to the people of the
Edo guber: I’m answerable to Edo people not any godfather – Akpata
Electricity woes deepen as vandalism surges across power infrastructure
Despite the efforts of President Bola Tinubu’s administration to achieve nationwide electrification and boost economic development, the nefarious activities of vandals are sabotaging progress, plunging the masses into darkness, reports DARE OLAWIN The deliberate destruction of power infrastructure, including transmission lines, substations, and distribution equipment, is hindering the country’s ability to provide reliable electricity to Read More
Read moreCOAS foresees end to insecurity as military kills 1,166 terrorists
The Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, on Thursday, assured Nigerians that the Army was on a victory path in the ongoing war against banditry, terrorism and kidnapping in the country. This was as the Defence Headquarters said a total of 1,166 terrorists were killed in the operations conducted in August. Lagbaja, speaking Read More
Read moreNew Zealand’s Maori king dies at 69
The king of New Zealand’s Indigenous Maori people died Friday while recovering from heart surgery at age 69, with aides saying he had “passed to the great beyond”. King Tuheitia passed away peacefully surrounded by family, a spokesperson said, just days after celebrating the 18th anniversary of his coronation. He had been in hospital recovering Read More
Read more



