Ghana could be Africa’s number four oil producer by 2020 – report

Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000 barrels per day (bpd), pan-African bank Ecobank said on Wednesday. The West African country produces around 103,000 bpd ranking it ninth, far behind leaders Nigeria and Angola, which Read more

Labour vows to resist sales of national assets

LABOUR warned yesterday that the Federal Government should reject the clamour for the sale of the nation’s assets to fight the recession. The Nigerian Labour Congress (NLC) described those pushing for the measure as enemies of the country, who are only bent on acquiring the nation’s assets for their personal use. NLC President Ayuba Wabba Read more