Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Minister of Finance Dr Ashni Singh (second from right) hands over the instrument to allow for an increase in the loans value from $12M to $15M to NBS Chairman Floyd Mc Donald. They are flanked by Ministers of Housing and Water Collin Croal (right) and Susan Rodrigues.

NBS lowers interest rates

With a steep decline in applications for housing loans in 2020 and government’s promise of 50,000 house lots by 2025, the New Building Society is seeking to increase its portfolio this year and yesterday announced a reduction in interest rates following formal approval of the lifting of the loans threshold from $12 to $15 million which had been announced in Budget 2021.

A woman being vaccinated yesterday at the Vreed-en-Hoop Health Centre (Photo by Orlando Charles)

Over-60 persons getting COVID-19 jabs

By Readawne Henery The Ministry of Health yesterday began vaccinating persons sixty years and older with both the Oxford- AstraZeneca Covishield, and Chinese Sinopharm vaccines at the Vreed-en-Hoop Health Centre, West Bank Demerara, the Enmore Polyclinic on the East Coast of Demerara and other centres across the country.

Guyana earns US$61m from latest oil lift

As the global price for crude oil continues to rise steadily, Guyana has received the highest rate since petroleum production began offshore in December of 2019, averaging US$61 per barrel on its latest and fifth lift of one million barrels.

Trevor Benn

Trevor Benn arrested over Ogle land deal

Former Commissioner and Chief Executive Officer (CEO) of the Guyana Lands and Surveys Commission (GL&SC), Trevor Benn was arrested by the police yesterday morning for questioning in relation to the sale of several acres of land belonging to the National Industrial and Commercial Investments Limited (NICIL).

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