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April 5, 2018 5:35 AM Deposits still major source of funds for banks – BoG report

Customer deposits still remain a major source of revenue for commercial banks. As a result, commercial banks also bear greater responsibility to their customers in earning interests on such deposits. The latest banking sector report by the Bank of Ghana shows that deposits accounted for 62.5 percent of the banking industry’s assets as at December 2017. According 54

March 30, 2018 5:15 PM Easter’s significance must unite nation – CPP

The Convention People’s Party (CPP) on Good Friday called on Ghanaians, especially Christians, to use the occasion of Easter as a period for meditation on their individual and collective contributions to the family and society while working towards uniting the country. In a commemorative message to the nation copied to the Ghana News Agency in Accra 49

March 24, 2018 10:20 AM DR Congo to shun its own aid conference

The Democratic Republic of Congo says it will not attend a donor conference in Geneva next month, complaining the country is being given “a bad image”. The meeting aims to raise nearly $1.7bn (£1.2bn) for what the UN has described as a catastrophic humanitarian crisis. Acting Prime Minister Jose Makila acknowledged that the country was facing an emergency 36

March 19, 2018 4:59 PM Man Utd trigger one-year extension for Ashley Young

Manchester United have triggered a one-year extension clause in Ashley Young’s contract which will keep him at the club until summer 2019. The 32-year-old joined the club from Aston Villa in 2011 as a winger but now plays more as a full-back. Young has won the Premier League, FA Cup, League Cup and Europa League in his time at Old Trafford. He has played 21

March 18, 2018 4:51 PM Kulungugu bridge closed for one-month-long repairs

The Ghana Highways Authority is closing the Kulungugu Bridge on the Missiga to Kulungugu road in the Upper East Region for major repair works to take place. A statement by the Authority copied to citifmonline.com said the bridge will remain closed for the next 30 days. The Public Relations Officer for Ghana Highways Authority, Diana Seade, in a Citi News interview 18

March 15, 2018 9:40 AM Citi FM’s #MOGO2018 slated for March 24

The 2018 edition of Music of Ghanaian Origin (MOGO), an annual concert organised to celebrate indigenous Ghanaian music will be held on 24th March 2018 at the La Palm Royal Beach Hotel in Accra. The programme, organized by Citi 97.3 FM, is part of activities to mark the stations Heritage Month initiative which seeks to project the culture and heritage 29

March 15, 2018 7:27 AM Messi scores twice as Barcelona knock Chelsea out of Champions League

Chelsea went out of the Champions League at the last-16 stage with an error-ridden display against Barcelona. Following a 1-1 draw in the first leg, the visitors fell behind after just 128 seconds in the Nou Camp as Lionel Messi shot through the legs of Thibaut Courtois from a tight angle. Messi then set up Ousmane Dembele to hammer home the second after 21

March 14, 2018 4:06 PM Facebook bans Britain First pages

Facebook has removed the pages of the anti-Islamic group Britain First and its leaders. The social media company said the group had repeatedly violated its community standards. Earlier this month, Britain First’s leader and deputy leader, Paul Golding and Jayda Fransen, were jailed after being found guilty of religiously aggravated harassment. The pages 19

March 13, 2018 4:28 PM Black Queens to be rewarded with $32,000 after WAFU triumph

The government has announced a reward package of $32,000 for the players of Ghana’s female national team, the Black Queens, for winning the WAFU Zone B tournament held in Cote d’Ivoire last month. Mercy Tagoe-Quarcoo’s team defeated host Cote d’Ivoire 1-0 in the final to secure the victory. Speaking at the ‘Meet the Press’ session in Accra on Tuesday 23

March 13, 2018 10:48 AM Nigerian senator ‘busts open’ $37,500 expenses payments

A Nigerian politician has revealed that senators receive 13.5m naira [£27,000, $37,500] every month to use on expenses of their own choice. Shehu Sani, a senator for the governing All Progressives Congress [APC] party, said there is little accountability about how the money is spent. He has called for the payments to be scrapped, saying they are a key reason 26