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Currency printing: BoG spent GHS 675.4m – Report

Bank of Ghana (BoG) provided its 2023 Annual Report and Financial Statement, which shows that the bank's currency printing expenses in 2023 totaled GH¢675.4...

News

BoG fails again, announces GHC10.50bn loss after lossing GHC60bn the previous year

The Bank of Ghana has announced a loss of GHC10.50 billion for the financial year ending 2023. This significant loss is primarily attributed to an...

Business

Bank of Ghana’s currency printing expenses increased by 107% – Report

The 2023 Annual Report and Financial Statement published by the Bank of Ghana revealed that the bank allocated GH¢675.4 million for currency printing in...

News

BoG lost GHS10.5bn in 2023

Bank of Ghana (BoG) reported a loss of GH₵10.50 billion for the financial year ending 2023. This loss was primarily driven by a significant...

News

“We don’t want to be surprised” – BoG tells Société Générale on shares acquisition

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has informed the management of Société Générale Ghana that the central bank expects...

News

BoG never gave GN bank a bailout; our case is different – Group Nduom VP clarifies

Vice President of Group Nduom, Nana Ofori Owusu, has clarified the fate of the GN Savings and Loans, as against other local banks whose...

Headline

Address abuses within the Forex Bureau market – Richard Ahiagbah to BoG

Director of Communications for the governing New Patriotic Party (NPP), Richard Ahiagbah, has urged the Bank of Ghana (BoG) to diligently fulfil its regulatory...

Headline

10 ways ‘failed’ BoG’s Ernest Addison destroyed the Ghana Cedi and the Ghana economy

Ghana's central bank, the Bank of Ghana (BoG), has faced criticism for various reasons contributing to economic challenges. Here are 10 reasons often cited...

Business

Desperate BoG orders Forex Bureaus to stop advertising FX rates outside their shops

Governor Addison emphasized the Bank's substantial foreign exchange reserves, advising against speculative purchases, which could lead to economic losses when corrections occur. At the 118th...

News

Ghana’s public debt grew by GHS46.4bn in Jan-Feb 2024 – BoG

Recent data from the Bank of Ghana revealed that the country's public debt stock increased by GH¢46.4 billion in the first two months of...

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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