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Nigeria receives $4.95bn in loans from World Bank

Under President Bola Tinubu's administration, Nigeria has secured a total of $4.95 billion in loans from the World Bank, raising concerns about the country's...

Previous administration secured $1.8bn syndicated loan in 2016 – COCOBOD CEO

Chief Executive Officer of the Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has disclosed that the previous administration he took over from secured. $1.8...

COCOBOD signs $800m syndicated loan with banks, to draw down $600m this week – Report

Ghana's Cocoa Marketing Board (COCOBOD) has finalized an $800 million syndicated loan with banks, and it anticipates accessing the initial $600 million as early...

Video: Employees of Quick Credit forcefully raid restaurant over ‘unpaid loan’

Employees from Quick Credit Ghana, a well-known loan company, aggressively entered a local restaurant to reclaim a loan amount.Videos captured and shared on...

Kenya to request an additional $1b loan from China

Kenyan President William Ruto is scheduled to embark on a trip to China later this month with the aim of securing a $1 billion...

US$620m loan from LITASCO to GNPC yet to be approved by parliament – Energy minister

The planned US$620 million loan from Lukoil International Trading and Supply Company (LITASCO) SA to the Ghana National Petroleum Corporation (GNPC) will be forwarded...

Desist from collateralizing TEN oil field for $431m loan – Minority warns govt

The Minority in Parliament is urgently demanding a cessation to the government's intentions of using proceeds from the TEN oil field as collateral for...

IMF will fail if Ghana’s expenditure persists – Dr Yamson

An Economist, Dr. Ismael Yamsom, has urged government to exercise caution in its spending, as merely obtaining a loan from the International Monetary Fund...

Apply criminal justice system on 422 arrested online loan scammers – Ken Ashigbey

The Chief Executive of the Telecommunications Chamber, Ken Ashigbey, has urged for the prosecution of the 422 individuals arrested in a joint operation by...

Quick Credit officers fight customers over refusal to pay loans

Quick Credit officers have engaged in verbal exchanges of abuses with customers who refused to repay their loans.A viral video available to occupygh.com sees...

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