banner books
 
<< Back             Poser >>
Ghana records $13.66b trade surplus in 2025 on strong gold, cocoa earnings – BoG 
Ghana posted a $13.66 billion trade surplus in 2025, significantly higher than the $9.88 billion recorded in 2024. 
This was driven largely by a sharp rise in export earnings from gold and cocoa, the Bank of Ghana revealed on Monday in its latest Monetary Policy Report. 
Total export receipts increased markedly to $31.11 billion at end‑December 2025, compared with $19.16 billion in the corresponding period of 2024. 
Gold remained the largest contributor to export receipts, with earnings more than doubling to $20.98 billion, up from $10.31 billion a year earlier. 
The Bank attributed the outturn to both increased export volumes and higher global prices. 
Export volumes rose by 35.7 percent to 6.17 million fine ounces, while the average price of gold surged by 49.9 per cent to $3,400.35 per fine ounce, reflecting heightened global economic uncertainty and geopolitical tensions. 
Cocoa exports, including beans and processed products, also performed strongly, generating $3.86 billion in 2025 compared to $1.94 billion the previous year.  
The improvement was supported by higher export volumes and elevated world cocoa prices. 
Crude oil export earnings, however, fell by 32.3 per cent to $2.62 billion, down from $3.87 billion in 2024.  
Source: GNA
Ghana Business News
Ghana records $13.66b trade surplus in 2025 on strong gold, cocoa earnings – BoG 
Ghana posted a $13.66 billion trade surplus in 2025, significantly higher than the $9.88 billion recorded in 2024.
NIMASA commits to shipyard evelopment, capital flight cuts
By Godwin Oritse The Nigerian Maritime Administration and Safety Agency, NIMASA, has reiterated its commitment to strengthening Nigeria’s shipbuilding and shipyard development as part of efforts to deepen the blue economy and curb capital flight. Speaking at a stakeholders’ breakfast meeting organised by the Agency themed: “Dissecting the Issues, Challenges, and Prospects in the Shipbuilding Segment […]
Oil Theft: How criminal networks are moving from creeks to communities
For decades, Nigeria’s oil theft crisis was largely associated with remote creeks, mangrove swamps and offshore vandalism in the Niger Delta. Increasingly, however, security agencies say the trade is migrating inland-embedding itself within civilian communities, markets and transport corridors where it can operate under the cover of everyday commerce. The recent exposure of Owaza Mami Market […]
Tinubu signs Executive Order to end NNPC’s 30% oil revenue cuts
By Peter Egwuatu PRESIDENT Bola Tinubu, yesterday, signed an Executive Order (EO) to boost oil and gas revenues flowing into Nigeria’s Federation Account by eliminating wasteful deductions under the Petroleum Industry Act (PIA). According to the statement issued by the Presidential spokesman, Bayo Onanuga, the Executive Order is anchored on Section 44(3) of the Constitution, which […]
Dangote signs $400m equipment deal to fast-track refinery expansion
By Bashiru Ayuba Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it to […]
Nigeria set to adopt digital sustainable financial reporting
As FRC, SALI, RCRA sign MoU By Progress Godfrey Nigeria has taken a decisive step towards modernising corporate disclosure with the adoption of digital sustainable financial reporting, following the signing of a Memorandum of Understanding (MoU) between the Financial Reporting Council of Nigeria (FRC), SALI Technologies and Regulatory Compliance Readiness Advisors (RCRA), Limited. The concession agreement […]