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Business
BoG’s First Deputy Governor Dr. Maxwell Opoku-Afari proceeds on leave

BoG’s First Deputy Governor Dr. Maxwell Opoku-Afari proceeds on leave

First Deputy Governor of Bank of Ghana, Dr. Maxwell Opoku-Afari, will proceed on leave from February 5, 2025, ahead of the expiration of his contract. This decision has received the approval of President John Dramani

Business
Monetary Policy Committee keeps policy rate at 27%

Monetary Policy Committee keeps policy rate at 27%

The Monetary Policy Committee of the Bank of Ghana has maintained the Policy Rate at 27 percent. This was announced by the Chairman of the Committee and Governor of the Bank of Ghana, Dr. Ernest

Business
Momo transactions surge hitting record Ghc298.6bn- BoG

Momo transactions surge hitting record Ghc298.6bn- BoG

Mobile money transactions have significantly increased, according to data from the Bank of Ghana, which reflects the nation's increasing use of digital financial services. The overall number of mobile money transactions rose significantly in just

Business
Efficiency will increase at our new headquarters- BoG Governor

Efficiency will increase at our new headquarters- BoG Governor

Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has stated his belief that the Central Bank's recently opened headquarters will improve its operational effectiveness and firmly establish Ghana as a major player

Business
ILAPI calls for review of Bank of Ghana’s dormant account policy

ILAPI calls for review of Bank of Ghana’s dormant account policy

The Institute for Liberty and Policy Innovation (ILAPI) has commended the Bank of Ghana (BoG) for educating citizens on the misconceptions surrounding the next of kin on financial account opening forms. However, ILAPI believes the

Business
BoG shuts down Dek-Nock Investments over illegal deposit-taking

BoG shuts down Dek-Nock Investments over illegal deposit-taking

The Bank of Ghana (BoG) in collaboration with the Ghana Police Service has closed down Dek-Nock Investments, a financial institution operating in Nungua and Ashaiman in the Greater Accra Region. According to a press statement

Business
Economy on recovery path – Bank of Ghana

Economy on recovery path – Bank of Ghana

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has announced that recent data indicates the economy is recovering. Speaking at the SME Growth and Opportunity Summit in Accra, Dr. Addison stated that

Business
Bank of Ghana releases list of 8 unapproved money transfer organisations

Bank of Ghana releases list of 8 unapproved money transfer organisations

The public has been advised not to deal with unapproved Money Transfer Organizations (MTOs) by the Bank of Ghana. The Bank of Ghana (BoG) announced in a statement that certain MTOs operating in the remittance

News
Ayariga drags BoG officials before special prosecutor.

Ayariga drags BoG officials before special prosecutor.

The Member of Parliament for Bawku Central, Mahama Ayariga has stated that he intends to file a complaint with the Office of the Special Prosecutor (OSP) against Dr. Ernest Addison, Governor of the Bank of

Politics
BoG Picketing: Governors Rather Deserve Commendation – Kwamena Duncan Rubbishes Minority’s Claims

BoG Picketing: Governors Rather Deserve Commendation – Kwamena Duncan Rubbishes Minority’s Claims

Despite the pressure on the governors of the Central Bank for alleged mismanagement, the former Minister for Central Region, Kwamena Duncan says the governors must rather be rewarded for their service to the state. The