Over 15 shops in the vicinity of the Kwame Nkrumah Circle were razed down this morning by fire.

The incident occurred earlier around 9:30am due to the explosion of a transformer in the area near the former Obra Spot, Citifmonline reports.

Properties running into thousands of Ghana cedis have been destroyed by the fire.

Luckily, no one has died in the inferno, which is being battled by officials of the Ghana National Fire Service.