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ABOG says banks will start using armoured bullion vans from July 1

Effective July 1, 2023, commercial banks operating in the country will commence the use of armoured bullion vans or vehicles for Cash in Transit...

Bank staff arrested for stealing GHS1.2m from accounts; buys car, iPhone 14 and ticket to Dubai

A contract staff member of a major bank in Ghana has been apprehended by security agencies on allegations of embezzling approximately GH¢1.2 million from...

Ghanaian lady Afua Kyei becomes Chief Financial Officer for Bank of England

The stories have changed significantly in recent years as women all around the world continue to break down barriers in professions that have historically...

Nigerian rail project to be financed by Chinese bank

The China Development Bank has been accepted by the Nigerian Senate as the new funder for a rail project, which is expected to cost...

I cashed out $10 million from the bank just to look at and returned it – Aliko Dangote

It may take some time for the majority of wealthy people to fully appreciate the worth of their resources and holdings. Aliko Dangote, the richest...

Silicon Valley Bank: Global bank stocks fall, despite assurances from Biden

Despite assurances from the US president that America's financial system is secure in the wake of the failure of two American lenders, bank shares...

Side chick sues her former boss at the First Atlantic Bank for sexual harassment

A former National Service Personnel, Deborah Seyram Adablah with First Atlantic Bank has sued the Bank and her former Boss, Ernest Kwasi Nimako who...

Today in History: Here’s how money apps use your financial data

According to research, financial app users would use them less if they were aware of the consequences. Additionally, it stated that after gaining more knowledge,...

ADB’s MD, Dr. John Kofi Mensah retires

Managing Director of the Agricultural Development Bank PLC (ADB), Dr. John Kofi Mensah, is set to retire from his position, effective November 30, 2022,...

Policy rate hits 27%; cost of borrowing to go up further

Ghana’s Central Bank has increased the benchmark interest rate as the significant upside risks to inflation outlook remain. To continue to contain inflationary pressures, the...

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