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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

News
Geological Survey Authority defends relocation of BoG Head Office

Geological Survey Authority defends relocation of BoG Head Office

The Ghana Geological Survey Authority (GSSA) has welcomed the Bank of Ghana's (BoG) intentions to relocate its headquarters, citing earthquake concerns to justify the new $250 million building by the central bank. According to the

Business
‘It is fit for purpose’ – Bank of Ghana justifies new $250 million Head Office

‘It is fit for purpose’ – Bank of Ghana justifies new $250 million Head Office

The management of the Bank of Ghana (BoG) has justified why they invested $250 million in the construction of a new building to serve as its new headquarters in Accra. In a statement on Wednesday,

Business
NDC accuses BoG of blowing $250m on new head office

NDC accuses BoG of blowing $250m on new head office

The National Democratic Congress (NDC) has accused the Bank of Ghana of spending $250 million on a new head office. The NDC blamed the top hierarchy of the Bank of Ghana of what it calls

Business
BoG suspends forex licences of Fidelity Bank, First National Bank

BoG suspends forex licences of Fidelity Bank, First National Bank

An official announcement has confirmed that the Bank of Ghana (BoG) has suspended the foreign exchange licenses of Fidelity Bank Ghana and First National Bank of Ghana. The two banks violated sections 3.4, 3.5, and

Business
BoG partners G+D to pilot central bank-backed e-Cedi

BoG partners G+D to pilot central bank-backed e-Cedi

The Bank of Ghana has partnered with Giesecke+Devrient (G+D) to pilot a general-purpose Central Bank Digital Currency (retail CBDC) in Ghana. G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which