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Banking and Finance
4 Illegal FX Market Operators Caught, 2 Convicted
The Asokwa Circuit Court 2 in Kumasi has sentenced Senyah Poku and Yaa
Serwaa of Senyah Poku Enterprise, an unlicensed foreign…
COCOBOD secures $800m syndicated loan
Ghana’s Cocoa Marketing Board (COCOBOD) has signed an $800 million syndicated loan with banks and expects to draw down the first…
BoG Governor expresses optimism in the economy
In an address at the Bank of Ghana’s End of Year Cocktail, Dr. Ernest Addison, the Governor of the Central Bank, delivered an…
Ecobank announced as an Official Sponsor for the TotalEnergies Africa Cup…
The Confederation of African Football (CAF) has announced Ecobank, the leading pan-African banking group, as an Official Sponsor…
BoG Forex Auction: 14 BDCs purchase $20m at GHS 12.15/$1 for fuel imports
Bulk Oil Distribution Companies (BDCs) undertook a substantive transaction with the Bank of Ghana (BoG) on December 13, 2023.…
Central Bank borrows GHS 1.3bn from domestic debt market
The Central Bank on Wednesday raised GHS 1,338 million through the issuance of its bills known as the Bank of Ghana (BoG) bills…
First Atlantic Bank officials embroiled in a GH¢50 million Scandal
…As fierce legal battle ensues over its domestic bond exchange
In a startling development, executives at First Atlantic Bank find…
COP28: Africa could lose $25bn per year as new EU carbon tax comes into…
African Development Bank Group President Dr. Akinwumi Adesina has warned that a new EU carbon border tax could significantly…
M-KOPA Expands to Ghana, Unlocking $10m in Credit for Customers
M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana…
BoG Governor recalls loss of $500m reserves in two months
In a candid exposition at the Chartered Institute of Bankers 2023 Governor’s Day, Dr. Ernest Addison, Governor of the Bank of…