<< Back             Poser >> Education Minister assures teachers of salary adjustments by October 16 Education The government is working to pay eligible teachers their outstanding promotion-related salary adjustments by October 16, 2026, Education Minister Haruna Iddrisu has said. ‎   ‎The payments form part of commitments made to address concerns raised by the three pre-tertiary teacher unions, whose nationwide industrial action has been suspended following engagements with the government. ‎   ‎Mr Iddrisu gave the assurance on Monday when he visited the Osu Presbyterian Cluster of Schools in Accra to monitor teaching and learning following the teachers’ return to the classroom. ‎   “My assurance is that the government will honour our part of the bargain,” he said, reaffirming the Government’s commitment to fulfilling the outstanding obligations to the teachers. ‎   ‎The Minister said administrative processes, including the validation of records, were being undertaken to facilitate the payment of salary adjustments due to teachers who had received permanent promotions. ‎   ‎He said the processes were necessary to ensure that eligible teachers received the corresponding adjustments to their salaries. ‎   ‎On the proposed 20 per cent deprived-area allowance, Mr Iddrisu said further validation was required to determine the teachers eligible for the benefit and identify the geographical areas that qualified as deprived. ‎   ‎He said the exercise would also clarify the roles of the relevant teacher representative bodies in determining eligible beneficiaries and qualifying areas. ‎   ‎The Minister acknowledged the financial and social protection constraints associated with implementing the commitments but said the government remained ready to engage the unions to resolve outstanding issues. ‎   ‎He expressed gratitude to the leadership and members of the unions for their engagement with the government, which helped resolve the issues that had threatened teaching and learning activities. ‎   ‎Mr Iddrisu said the teachers’ return to the classroom was an important step towards restoring stability in schools and ensuring continuity in academic work. ‎   ‎He noted that schools had reopened across the country and said the current academic calendar provided an opportunity to sustain teaching and learning activities.    ‎Source: GNA Ghana Business News	Bank of Ghana to review cybersecurity compliance of commercial banks The Bank of Ghana (BoG) says it will undertake thematic reviews of banks’ compliance with its revised Cyber and Information Security Directive amid growing concerns about digital fraud, cyber threats and other risks associated with digital financial services. Nigerian government introduces ‘five big fiscal reforms’ to woo investors, engender growth “People say, and we agree with them, that it's difficult to find data about Nigeria, especially from the fiscal side. Something as important as our tax-to-GDP ratio, you can't find it easily.” Dangote Refinery: N6.3tn net profit, IPO extension, import licence appeal, other keys developments Dangote Refinery took centre stage in major business, finance and economic discussions in Nigeria and across Africa from Monday to Wednesday. DAILY POST, in this report, highlights major talking points about the 700,000-barrel-per-day refinery based in Lekki, Lagos. First, Dangote Refinery extended the deadline for its much-talked-about N525-per-share Initial Public Offering, IPO by 14 days, […] Dangote Refinery: N6.3tn net profit, IPO extension, import licence appeal, other keys developments Zenith Bank deepens commitment to girl-child development, empowers 300 school girls The initiative, a brainchild of the Bank’s Group Managing Director/Chief Executive Officer, Dr Adaora Umeoji, reflects Zenith Bank’s commitment to nurturing the potential of young girls and helping them make informed choices about their futures. Bank of Ghana develops AI rules for financial sector The Bank of Ghana (BoG) is developing a directive to regulate the use of artificial intelligence (AI) in the financial sector, as it seeks to promote innovation while addressing emerging risks. Nigeria woos investors at World Petroleum Congress Nigeria has called on international investors to take advantage of its vast oil and gas resources, ongoing industry reforms and strategic access to the African market to drive long-term investment in its energy sector. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the call at the 25th World Petroleum Congress in […]