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Nigeria exits EU high-risk list, boosts investor confidence – Edun
*Says affordable food, jobs now focus of reforms
*Reforms eliminated distortions, level playing field for investors
*Defends ₦152trn debt, cites transparency reforms
By Babajide Komolafe
Nigeria’s exit from the European Union’s high-risk third-country list is a major boost for investor confidence, the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun, has said, as the government moves to prioritise affordable food, housing, and job creation in the next phase o
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Court remands farmer over GH¢110,000 car fraud
A 54-year-old farmer, believed to be part of a vehicle fraud syndicate, has been remanded into police custody by the Amasaman Circuit Court to assist investigations into an alleged GH¢110,000 car fraud.
The accused, Richmond Osei Sarfo, has denied conspiring with others, currently at large, to defraud Mr Raphael Kwoa, an accountant residing at Mataheko, Accra, under the pretext of selling him a vehicle.
Sarfo is expected to assist police in arresting his alleged accomplices
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NGX confirms listing of 3.16billion UBA shares
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market.
The NGX noted this in a confirmatory letter to the bank, dated January 12, 2026, and signed by Head, Issuer Regulation Department at NGX, Godstime Iwenkehai, who explained that the additional shares were listed foll
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Ghana economy continues stronger performance – GSS
Ghana’s economy continues to show strong performance with economic activities growing by 3.8 per cent year-on-year in October 2025, propelled largely by the services sector, says the Ghana Statistical Service (GSS).
This is compared with the three per cent growth recorded in October 2024, says the Monthly Indicator of Economic Growth (MIEG) released by GSS on January 14.
The MIEG gives an early signal of how the economy is likely to perform ahead of the calculation of Gross Domestic Product
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Accra traffic to blame for public transport crisis – GPRTU
The Ghana Private Road Transport Union (GPRTU) has attributed the public transport crisis in Accra largely to heavy traffic congestion in the capital during peak morning and evening hours.
The Union said persistent gridlock was preventing commercial drivers from completing multiple journeys and returning to transport terminals on time, contributing to long queues and delays experienced by commuters at the major terminals.
In an interview with the Ghana News Agency, Nana Nimako Asiamah,
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Nigeria’s oil output drops 8.3% to 1.544m bpd
By Udeme Akpan, Energy Editor
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the oil and gas industry regulator, said Nigeria’s oil output, including condensate, dropped by 8.3 percent year-on-year (YoY) to 1.544 million bpd in December 2025 from 1.684 million bpd recorded in the corresponding period of 2024.
The commission did not provide reasons in its report released Thursday, but there were indications that it might be fueled mainly by limited investment and production.
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