Browsing: Business
We’ll work with BoG to comply with foreign exchange trading regulations – CBG
The Consolidated Bank Ghana (CBG) has expressed its commitment to work closely with the Bank of Ghana to restore its temporary suspended foreign exchange trading license.…
Bright Simons writes: Ghana’s oil production is collapsing not rising
It was very puzzling to see a flurry of press reports all over claiming that Ghana is seeing an uptick in oil production for the first…
NDC Parliamentary Candidate supports apprentices, trainers in Ketu North
Mr Eric Edem Agbana, the Parliamentary Candidate (PC) for the Ketu North constituency, has extended financial support worth GHC 15,900 to apprentices and their trainers. The…
High Court reverses BoG’s revocation of CDH Savings and Loans licence
A High Court in Accra has overturned the Bank of Ghana’s (BoG) 2019 decision to revoke the operating licence of CDH Savings and Loans Company Limited,…
Police locates Tony Mintah, CEO of NextGen Infraco
The Ghana Police Service has successfully located Mr. Tony Mintah, the Chief Executive Officer of NextGen Infraco, who was reportedly abducted by unidentified individuals from the…
KOICA And WFP Boost Food Security and Nutrition In Ghana by Supporting Youth Economic Empowerment and Digitization
The United Nations World Food Programme (WFP) welcomes a US$9.3 million contribution from the Korea International Cooperation Agency (KOICA) to enhance access to digital technology for…
BoG directs Kwahumanhene to resign as ADB Board chair over GH¢2m fraudulent transaction
The Bank of Ghana (BoG) has directed Daasebre Akuamoah Agyapong II, the Board Chairman of the Agricultural Development Bank (ADB), to step down from his position…
ATMs in Ghana increase modestly as POS terminals decline – Report
The total number of Automated Teller Machines (ATMs) deployed by banks across Ghana reached 2,287 by the end of 2023, reflecting a modest 1.4% increase compared…
BoG to auction $120m to Bulk Oil Distributors in Q4 2024
The Bank of Ghana (BoG) is poised to inject $120 million into the market through an auction for Bulk Oil Distribution Companies (BDCs) in the fourth…
IMF reaches staff-level agreement with Ghana for $360m fourth tranche
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on the third review of Ghana’s US$ 3 billion extended credit facility. It follows…