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Tag: AGM

GCB Bank secures shareholders approval for GH¢1bn to strengthen bank

Business, News July 3, 2023 Kennedy Mornah 0 Comments

The GCB Bank PLC has sought the approval of its shareholders for GH₵1 billion to meet the regulatory capital adequacy ratio requirements and strengthen access to funding markets in order to bolster confidence in the Bank. This target has been necessitated in the bid to address the impact of the Domestic Debt Exchange Program (DDEP). […]

Ghana gets over 55% fiscal take in AGM/Aker deal

Business, News May 7, 2019 Kennedy Mornah 0 Comments

The Petroleum Agreement ratified by Parliament for the South Deepwater Tano (SDWT) block gives a fiscal take to Ghana, which is substantially above the international deepwater average of approximately 55%. A statement issued by AGM Petroleum Ghana Limited (AGM) said Ghana would be the main beneficiary of the profits from any oil produced in the […]

QUAD energy to partner AGM Petroleum in its offshore operations in Ghana

Business, News May 5, 2019 Kennedy Mornah 0 Comments

Indigenous Ghanaian company QUAD Energy will partner AGM Petroleum in its oil and Gas exploration and production activities in Ghana. A statement issued by QUAD Energy and signed its Director, David Adomakoh and in the possession of BestNewsGH.com said the company was incorporated in April 2019 and has the relevant and requisite expertise and experience […]

Even More News

Wilful loan defaulters face 5-year credit ban under new BoG rules

August 14, 2025

Wilful loan defaulters could soon face a five-year ban from accessing credit from any regulated financial institution in Ghana. The new Bank of Ghana (BoG) directive also requires commercial banks and other regulated lenders to publish the names of such defaulters twice a year, on June 30 and December 31, in at least two national […]

Total Pension Fund assets hit GH¢86bn in 2024

Domestic Gold Purchase Programme: BoG’s reserves increased by 100% within 5 years

Ghana’s inflation drops to 12.1% in July, lowest since 2021

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  • Sylvester Stallone among Kennedy Center honourees announced by Trump
  • Wilful loan defaulters face 5-year credit ban under new BoG rules
  • U.S. report flags Ghana’s ‘recurring disregard’ for constitutional protection
  • Hours before his death, Dr Omane Boamah shared Akwatia by-election strategy – Tanko-Computer
  • Justice Yaw Oppong to step down as Director for Legal Education at Ghana School of Law

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