News
Former Nigerian Deputy Central Bank Official Makes Cryptic Post Amid Ofori-Atta’s Ordeal: Vanity of Vanities’
A thought-provoking LinkedIn post by Prof. Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria, is drawing attention amid the ongoing political and legal drama surrounding Ghana’s former Finance Minister Ken Ofori-Atta.
Prof. Moghalu’s January 10 reflection did not mention Mr. Ofori-Atta by name but recounted a personal anecdote about the corrupting influence of power — describing how an unnamed African friend, once approachable and humane, became unreachable and indifferent after assuming ministerial office.
His narrative concluded with a broader philosophical point about power’s vanity, a remark resonating with many observers given the current controversy involving Ofori-Atta. Read the full post below:
“An African friend attended my 50th birthday in Abuja from his country. A little while later he was appointed a minister in his country. Meanwhile I had completed my tenure as Deputy Governor of the Central Bank of Nigeria and taken up a professorial appointment in a US university. I tried to reach him by phone on a professional matter but he did not pick my call. He did not respond to messages I sent. I was disappointed, but I also heard similar complaints from other mutual friends and acquaintances. Few could “recognize” our friend’s character and conduct anymore.
“A few years later his party lost the elections in his country and he was out of government. He came under investigation on allegations of corruption. His country reportedly sought to extradite him from a foreign country where he had apparently taken refuge. Recent reports are that his has now been arrested in that country on immigration charges. Charges or indictments, of course, do not automatically mean guilt unless and until established by the courts. But, lesson: vanity of vanities, all is vanity.”
The timing of the post coincides with mounting public interest in Ofori-Atta’s situation. The former Ghanaian Finance Minister is in United States custody on immigration-related charges and is the subject of an active consular and legal process involving the Ghanaian Embassy in Washington, DC.
Ofori-Atta has reportedly declined to engage with Ghanaian consular officials without his lawyers present, even as his extradition to Ghana is being sought to face corruption-related charges connected to the Strategic Mobilisation Limited (SML) scandal.
Prof. Moghalu’s cryptic post touched on leadership accountability and personal integrity, issues that have dominated public discourse as Ghanaians and international observers watch how Ofori-Atta’s case evolves.

Former president Nana Akufo-Addo, who is related to Ofori-Atta, has publicly stated his belief in the rule of law and discouraged any attempts to secure special treatment.
The former finance minister, who served from 2017 to early 2024, has faced multiple investigations by Ghana’s Office of the Special Prosecutor (OSP), which previously declared him wanted for questioning in several corruption inquiries.
Legal actions, including requests for extradition and discussions around Interpol notices, are part of a broader push by Ghanaian authorities to hold public officials accountable for alleged misuse of office.
While Moghalu’s message is reflective rather than accusatory, its resonance underscores how leadership ethics and governance accountability remain at the forefront of public concern — both in Africa and among global audiences observing high-profile legal confrontations involving political elites.
Ghana News
Video: How Kwame Nkrumah, Ghana’s Founding Father, Became Its ‘Prisoner’
ACCRA — On March 6, 1957, Kwame Nkrumah stood before a jubilant crowd and declared Ghana “free forever.”
The first sub-Saharan African nation to shake off colonial rule, Ghana became a beacon of hope for a continent still in chains. Nkrumah was hailed as the liberator, the visionary, the man who proved Africans could govern themselves.
Nine years later, on February 24, 1966, those same streets of Accra erupted again—this time in celebration of his overthrow.
“I’d never seen such an explosion of joy,” recalls late former President of Ghana, Jerry John Rawlings, in a CGTN Africa documentary titled, Kwame Nkrumah: A Story of Vision and Tragedy.
The man who led Ghana to freedom had become, in the eyes of many, its captor.
Watch the insightful documentary in full below:
Ghana News
Ghana’s Independence: Watch Emotional Historic Footage and Photos From 1957
ACCRA, Ghana — As Ghana prepares to mark another Independence Day on March 6, archival footage and photographs from 1957 continue to capture the historic moment when the country became the first sub-Saharan African nation to gain independence from colonial rule.
In the early hours of March 6, 1957, thousands gathered in Accra as the Union Jack was lowered and Ghana’s new red, gold and green flag with the black star was raised for the first time. The newly independent nation emerged from the former British colony known as the Gold Coast, symbolizing a turning point not only for Ghanaians but for liberation movements across Africa. Watch the video below:
At the center of the moment was Dr. Kwame Nkrumah, the country’s first prime minister, who declared in a famous address that the long struggle for freedom had ended and that Ghana was “free forever.”
The speech, delivered to massive crowds celebrating through the night, remains one of the defining moments in African political history. Watch another powerful archival footage from 1957 below:
Historic Photos from Ghana’s Independence (Getty Images)
Getty archival photos from the period show jubilant crowds filling the streets of Accra, government officials carrying Nkrumah on their shoulders, and international dignitaries arriving to witness the birth of a new nation.

The celebrations drew global attention. Among those present were foreign leaders and diplomats, including then U.S. Vice President Richard Nixon, highlighting the international significance of Ghana’s independence.

Other images from the period capture religious ceremonies, traditional dancing, and parades held across the capital as citizens celebrated the historic end of colonial rule.





A Moment That Changed Africa
Ghana’s independence quickly became a catalyst for political change across the continent. Nkrumah championed Pan-African unity, and the country’s success inspired independence movements in several other African nations during the late 1950s and 1960s.
Today, landmarks such as Independence Square and the Black Star Gate in Accra, inscribed with “Freedom and Justice” and “AD 1957,” remain enduring symbols of the country’s sovereignty and national pride.
As Ghana commemorates its independence anniversary, the historic footage and photographs from 1957 continue to serve as powerful reminders of the moment when a nation — and a continent — stepped into a new era of self-determination.
Ghana News
69 Years of Independence: Quick Timeline of Ghana’s Biggest Milestones Since 1957
Accra, Ghana – March 5, 2026 – As Ghana prepares to celebrate its 69th Independence Day tomorrow, March 6, here’s a concise timeline of the defining moments that have shaped the nation since breaking free from British colonial rule in 1957—the first sub-Saharan African country to do so.
1957 – Independence Achieved

March 6: Kwame Nkrumah declares Ghana independent at midnight in Accra. The Gold Coast becomes Ghana. The Black Star replaces the Union Jack, and Nkrumah’s famous words echo:
“We are going to demonstrate to the world… that we are prepared to lay our own African identity.”
1960 – Ghana Becomes a Republic
July 1: Ghana adopts a republican constitution. Nkrumah becomes the first President. The Queen ceases to be head of state.
1964 – One-Party State Declared
Nkrumah’s Convention People’s Party (CPP) becomes the sole legal party. Political opposition is banned.
1966 – First Coup
February 24: Nkrumah is overthrown while abroad by the National Liberation Council (NLC) led by Lt Gen Joseph Ankrah. The First Republic ends.
1969 – Return to Civilian Rule
August: Kofi Abrefa Busia’s Progress Party wins multiparty elections. Second Republic begins.
1972 – Second Coup
January 13: Col Ignatius Acheampong overthrows Busia. National Redemption Council takes power.
1979 – Flight Lieutenant Jerry John Rawlings’ First Coup

June 4: Rawlings leads the Armed Forces Revolutionary Council (AFRC), executes eight senior military officers including three former heads of state, then hands over to civilian rule after three months.
1981 – Rawlings’ Second Coup
December 31: Rawlings returns, overthrows President Hilla Limann. Provisional National Defence Council (PNDC) established.
1992 – Fourth Republic Begins

Constitution approved by referendum. Jerry Rawlings wins the first multiparty presidential election under the Fourth Republic.
2000 – First Peaceful Handover

John Agyekum Kufuor of the NPP defeats NDC’s John Atta Mills. First peaceful transfer of power between parties.
2009 – Mills Becomes President
John Evans Atta Mills (NDC) wins election, marking another peaceful handover.
2012 – John Dramani Mahama Succeeds Mills
Mills dies in office. Mahama becomes president and wins election later that year.
2017 – Nana Akufo-Addo Takes Office
NPP’s Nana Addo Dankwa Akufo-Addo sworn in after defeating Mahama.
2020 – Akufo-Addo Re-elected
Akufo-Addo wins second term amid tight contest and post-election tensions.
2024 – Mahama Returns

John Dramani Mahama defeats Vice President Mahamudu Bawumia, returning to the presidency after eight years.
2026 – 69th Independence Day
Theme: “Building Prosperity, Restoring Hope.” Ghana looks back with pride on nearly seven decades of self-rule while confronting contemporary challenges—economic recovery, youth unemployment, climate resilience, and regional influence.
From the euphoria of 1957 to today’s focus on stability and growth, Ghana’s journey remains a powerful symbol of African self-determination.
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