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Another case for Bitcoin as billions vanish from Ghana’s savings accounts

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As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another...

VIDEO: Do not be timid! – Nduom urges 2000 staff to...

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President and chairman of Groupe Nduom, Dr. Papa Kwesi Nduom, has asked his employees to remain calm and also be apprised with the facts surrounding...

Ghana’s Central Bank announces February 2020 deadline for Rural Banks to...

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Rural banks in Ghana have been given February 2020 to meet their revised minimum capital requirement else face sanctions, the Central Bank announced in...

Why Ghana’s Central Bank revoked licenses of 23 Savings and Loans...

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The Bank of Ghana has explained why it revoked the licenses of 23 Savings and Loans companies. Here are the reasons: ACCENT FINANCIAL SERVICES LIMITED...

Bank of Ghana shuts down Ideal Finance, GN Savings, 21 other...

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Ghana’s Central Bank has revoked the licenses of 23 Savings and Loans companies for being bankrupt. They are Midland, Ideal, uniCredit and Global Access. Accent, Adom, Alpha,...

BoG, NPRA, SEC back CBG to succeed

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Regulators in the financial sector have applauded Consolidated Bank Ghana (CBG) effort in delivering quality and strong banking services to its varied customers. At a meeting with...

Barclays Bank in good standing – Bank of Ghana

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The Bank of Ghana has stated that it has resolved the foreign exchange market issue with Barclays bank and the bank is now in...

BoG maintains policy rate for the second time at 16%

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The monetary policy committee of the Bank of Ghana has maintained the policy rate for the second time at 16%. Governor of the central bank,...

Declare over $10k on you else it would be seized –...

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Ghana’s central bank has served notice anyone carrying over $10,000 or its equivalent in any other monetary instruments must declare at the ports, else the money...

BoG ‘killed’ Heritage Bank but 99%-one-man-owned bank still exists – Adongo

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The Member of Parliament for Bolgatanga Central, Mr Isaac Adongo, has alleged that one shareholder in a local bank in Ghana owns 99 per...
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