News
Newnic Homes to Shape Ghana’s Future with Novo Residence
Newnic Homes Limited, a trailblazer in the real estate industry, is set to revolutionize Ghana’s housing market with its highly anticipated project—Novo Residence.
Established in 2020, Newnic Homes has quickly become synonymous with quality, innovation, and sustainability in property development.
The company has already impressed with a string of successful developments, including The Concorde, The Nook, the highly sought-after Newnic Court—a premium gated community—as well as Newton’s Villa. These properties have earned widespread acclaim for their impeccable design, functionality, and environmental consciousness.
Now, with Novo Residence, located in the sought-after School Junction-Adjiringanor area, Newnic Homes is taking things to the next level.
This new project promises to set a new standard for modern urban living in Ghana, combining cutting-edge architectural design with luxury features and sustainable living practices. Novo Residence will offer state-of-the-art amenities and a contemporary aesthetic that appeals to today’s savvy homeowners and investors.
Beyond property development, Newnic Homes also offers comprehensive design-build services, covering architectural design, construction, and property sales—making it a one-stop solution for clients seeking a seamless and high-quality real estate experience.
The introduction of Novo Residence marks a bold new chapter in Newnic Homes’ mission to meet the growing demand for innovative, sustainable, and well-crafted residential spaces in Ghana. It is poised to make a significant impact on the country’s property market.
Minister for Local Government, Chieftaincy and Religious Affairs, Ahmed Ibrahim, has revealed that in the whole of 2024, only GHS 362 million was released to MMDAs in Common Fund.
Contrary to this, In 2025 alone GHS 5 billion was released to the MMDAs with the following breakdown as follows.
The Minister made this revelation when he took his turn at the Government Accountability Series held today.
In breakdown, the minister nonted that 1st Quarter – 790,372,058.40 was released for 2025.
He added that for the 2nd Quarter, 1,464,983,309.60 was released.
3rd Quarter saw the release of 1,188,921,640.80 and
1,592,706,391.20 for 4th Quarter.
The Minister added tha each of the MMDAs were required to undertake the following; at least 2-CHPS compounds, 3 Classroom blocks, 10 Boreholes, and Completion of legacy projects.
Additionally, 25% of the Common Fund was allocated for the Construction of 24-Hour Economy Model Markets.
Ahmed Ibrahim noted that as a result of the timely and unprecedented release of Funds, a total of 494 CHPS compounds, 761 Classroom Blocks, 4,029 Boreholes, and 2,755 Legacy projects are currently at various stages of completion.
Also, he added that 261 24-Hour Economy Model Markets have all been awarded on contracts and construction has begun on many of them.
By Edem Mensah-Tsotorme
The Inspector-General of Police (IGP), Mr. Christian Tetteh Yohuno, together with members of the Police Management Board (POMAB), on April 17, 2026, decorated nineteen (19) senior officers who have been promoted to their next ranks based on the recommendations of the Police Council and approval of the President, John Dramani Mahama.
The ceremony, held at the National Police Headquarters in Accra, forms part of efforts to recognise merit, dedication, and long-standing service within the Ghana Police Service, while strengthening leadership across key operational and administrative levels.
The officers promoted from Deputy Commissioner of Police (DCOP) to Commissioner of Police (COP) are Dr. Luke Asue-In-Yeng Zakpaa, Mr. Frederick Agyei, Mr. Duuti Tuaruka, Mr. Arthur Osei-Akoto, Mr. Darko Offei Lomotey, Mr. Eric Ken Winful, Mr. Barnabas Nambont Nasumong, and Mr. Desmond Owusu Boampong.
The IGP and members of POMAB congratulated the officers and urged them to uphold the highest standards of professionalism and integrity in the discharge of their duties.
