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Recapitalization of BoG in the offin to save bank’s credibility – Governor

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has announced plans for the recapitalization of the central bank, aimed at bolstering...

News

BoG withholds cost of new Head Office Building, directs Ayariga to PPA

The Bank of Ghana (BoG) has declined to disclose the complete cost of its new head office building to Mahama Ayariga, Member of Parliament...

Headline

BoG board members paid over GHC5m as allowance in 2022 – Report

Each of the 10 board members of the Bank of Ghana (BoG) received GH¢510,000 in allowances last two years, as reported in the central...

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Persons, institutions that misused depositors’ funds during financial sector clean-up must be prosecuted – BoG

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has called on the government to take legal action against shareholders of banks...

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BoG’s foreign exchange reserves reach $907M

Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has announced that the Central Bank has amassed foreign exchange reserves amounting to...

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BoG made a loss of GHC47bn in 2023, not GHC10bn – Adongo reveals

Isaac Adongo, the Ranking Member of the Finance Committee of Parliament, has accused the Bank of Ghana (BoG) of falsifying figures related to the...

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Ato Forson’s letter for the establishment of LCs was addressed to BoG – Richard Jakpa

The third accused person in the ambulance case trial, Richard Jakpa, has provided testimony asserting that the letter from the first accused, Dr. Cassiel...

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Supreme Court supports BoG’s license revocation of UniCredit

The Supreme Court, in a unanimous decision, overturned the Court of Appeal's ruling and upheld the High Court's decision in the case involving The...

News

Advance payment limit for imports raised to $200K per importer

The Bank of Ghana (BoG) has raised the maximum advance payment for the importation of goods and services to $200,000. This change is part...

Business

BoG needs recapitalization for violating guidelines that caused banking sector crises – Economist

Executive Director of Revenue Mobilisation Africa, Geoffrey Kabutey Ocansey, expressed the view that the Bank of Ghana might require recapitalization similar to the collapsed...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia