In a bid to safeguard customer data, privacy, and consumer protection, the Bank of Ghana has issued a public notice emphasizing the continuous operation of some 97 unlicensed entities
$600m IMF Cash Hits BoG This Week
Ken Ofori-Atta Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam Anta, has stated that the International Monetary Fund (IMF) is likely to transfer the first tranche
Unified Data To Monitor Financial Inclusion Essential – BOG
Elsie Addo Awadzi The Bank of Ghana (BoG) has urged stakeholders in the financial technology space to provide comprehensive and consistent data to aid in monitoring the progress of
$752.8m Trade Surplus Recorded
BOG Governor, Dr. Ernest Addison The Bank of Ghana (BoG) recent data shows that the country recorded a trade surplus of $752.8 million in the first two months of
BoG Pledges Women Access To Finance
Elsie Addo Awadzi THE BANK of Ghana (BoG) has iterated its commitment to promoting gender equity in finance and access to finance for women-owned businesses in the country. Second
BoG Funded Govt To Save Economy – Addison
Ernest Addison ERNEST Addison, the Governor of the Bank of Ghana (BoG), has defended the central bank’s decision to finance government’s expenditure last year. According to Dr. Addison, Ghana’s
BoG Keen On Issuing eCedi – Addison
Dr. Ernest Addison THE BANK of Ghana (BoG) has announced its plan to issue the eCedi, the digital version of the Ghanaian currency soon. According to the central bank,
BoG Opens Platform For Financial Innovations
Kwame Oppong, Director of FinTech and Innovation, BoG The Bank of Ghana (BoG) has announced it will open its Regulatory Sandbox for financial innovations from February 13, 2023 to
BoG Allays Gold For Oil Policy Fears
Dr. Ernest Addison THE CENTRAL Bank allayed fears surrounding the government’s gold for oil policy on Monday, assuring Ghanaians that there is enough gold in the country to sustain the
Fire In Our Facility Is Simulation Exercise- BoG
Bank of Ghana (BoG) has refuted media report that its facility has been gutted by fire Thursday morning. According to the central, the fire incident in it facility is
BoG’s Policy Rate Now 27%
THE CENTRAL Bank has announced it is raising the policy rate by another 250 basis points to 27.0%, the highest level in recent years, as it fights to rein
IMF deal: Ghana Likely To Get $3bn– BoG
Dr Ernest Addison The Governor of the Bank of Ghana (BoG), Dr Ernest Addison has expressed confidence in Ghana securing $3 billion in the ongoing negotiations with the International
BoG Hikes Policy Rate To 24.5%… To Tame Soaring Prices
Dr. Ernest Addison THE CENTRAL Bank yesterday announced a 250-percentage points increase to the policy rate to push it up to 24.5%, to help tame soaring prices in the