Banking & Finance
Local insurers land multimillion US$ oil deals
The National Insurance Commission (NIC) and the Petroleum Commission have reached an agreement that mandates companies in the upstream petroleum sector to cede their insurance business to local insurers, in line with efforts to maximise the participation of local...
GRIDCo records GH¢303.23m income
The Ghana Grid Company Limited (GRIDCo) recorded a total income of GH¢303.23 million, representing a 12 per cent increase in its revenue and a net profit of GH¢16.79 million by the end of last year. These were realised as a result of the energy transmitted to...
Weston Oil and Gas Fund launched
A new mutual fund that will help develop the country’s oil and gas industry has been launched in Accra. Known as the Weston Oil and Gas (WOG) Fund, its initial public offer is now available to the general public and institutional investors. The fund, launched by...
