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BoG adjusts momo transaction limits to meet growing demand

In response to the rapid growth in mobile money transactions and evolving customer needs, the Bank of Ghana (BoG) has announced revisions to the...
Business

BoG to make changes to MoMo wallet limits from March 1

In response to the surge in mobile money transactions and evolving customer needs, the Bank of Ghana (BoG) has announced adjustments to the balance...
News

Transaction limits of customers’ MoMo wallets to be reviewed effective March 1

Effective March 1, 2024, the Bank of Ghana (BoG) has increased the balance and transaction limits for customers' mobile money wallets. This adjustment comes...
News

BoG reports 54% drop in secured loans to GHS5.9bn

In the fourth quarter of 2023, banks and Specialised Deposit-Taking Institutions (SDIs) extended secured loans with a combined value of GH¢5.9 billion, according to...
News

Bank of Ghana implements measures to avoid EU, UK blacklisting risk

In a bid to mitigate the risk of being blacklisted by the European Union and the United Kingdom, the Bank of Ghana has announced...
Features

Bank of Ghana accused of plagiarism and IP theft

The world of central banking is surprisingly replete with accusations of plagiarism.  The governor of Turkey’s central bank between 2019 and 2020 (and vice governor...
Business

BoG to stop some operations owing to GHC60bn loss – IEA Director

Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has criticized the characterization by New Patriotic Party flagbearer Dr. Mahamudu...
News

‘Responsible’ Bank of Ghana is unfairly criticised – Bawumia

Vice President Dr Mahamudu Bawumia commended the Bank of Ghana (BoG) for its prudent measures rolled out in efforts to stabilize the Ghanaian economy...
News

Bank of Ghana convenes meeting to address Mobile Money users’ concerns

The Bank of Ghana has scheduled a meeting for today, February 6, 2024, which will involve officials from the Ghana Revenue Authority and various...
Business

Bank of Ghana launches database portal for enhanced data access

The Bank of Ghana (BoG) has introduced the Beta Version of its Database Portal, a significant move towards consolidating macroeconomic data retrieval and visualization. This...
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