The Gold-for-Oil initiative has been suspended by the Bank of Ghana (BoG), which attributed the decision to operational and policy issues that resulted in losses. The program, which aimed to stabilize domestic fuel costs and
In line with the Constitution and the Bank of Ghana Act, President John Dramani Mahama has appointed a 12-member governing board for the Bank of Ghana after consulting with the Council of State. The announcement
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
The Precious Minerals Marketing Company (PMMC) has expressed deep concern over an incident that occurred at the National Assay Centre, where a mob led by National Democratic Congress (NDC) National Organiser, Joseph Yammin, attempted to
Accra witnessed a landmark moment on November 20, 2024, as President Nana Addo Dankwa Akufo-Addo officially commissioned The Bank Square, the state-of-the-art new headquarters of the Bank of Ghana. The imposing architectural marvel, located in
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
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
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
The Minority in Parliament is set to stage another demonstration against the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, following an unsuccessful attempt to present their petition during the first protest. The
The Bank of Ghana has responded to recent media discussions regarding FinTechs and Money Transfer Operators (MTOs) in inward remittance services, stating that reports of an US$8 billion loss to the country are "misleading and
