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IEA urges BoG to implement currency board instead of Central Bank system

The Institute of Economic Affairs (IEA) suggests that the Bank of Ghana (BoG) should consider adopting a currency board instead of the current central...

News

BoG makes no profit from high interest rates – Governor to Togbe Afede

Bank of Ghana (BoG) has denied allegations of profiting from elevated interest rates. In a statement released on its official X account, formerly Twitter, the...

Business

Central Bank concludes initial proof of Concept within Project DESFT

The Bank of Ghana (BoG) has successfully concluded the initial Proof Of Concept (POC) within the framework of Project Digital Economy Semi-Fungible Token (DESFT). This...

Business

BoG foresees significant enhancement of Ghana’s payment ecosystem with eCedi

The Bank of Ghana (BoG) has declared the first Proof of Concept (PoC) for Project Digital Economy Semi-Fungible Token (DESFT) successfully completed. This milestone...

News

BoG spent GHS6bn on its employees in 6 years – Report

A recent report from JoyNews has revealed that the Bank of Ghana (BoG), allocated a substantial 6 billion Ghanaian Cedis toward employee costs spanning...

Business

BoG Governor preaches fintech investment at 3i Africa Summit

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has emphasized the need for increased investment in Africa's fintech sector. He believes that...

News

Gov’t authorised payment of $12m to Chinese company for Pwalugu Irrigation Project despite no work – BoG

The Bank of Ghana (BoG) has addressed concerns regarding the disbursement of $12 million for the Pwalugu Irrigation Project, despite limited visible progress. The...

News

Individuals who opted out of DDEP have been fully paid – BoG

Dr. Maxwell Opoku Afari, the first Deputy Governor of the Bank of Ghana (BoG), announced that the government has completed payments to all individuals...

News

OmniBSIC tops banks offering lowest interest rate on loans to SMEs – BoG

OmniBSIC Ghana Ltd offered the lowest interest rate of 33.06 percent on loans to Small and Medium Enterprises (SMEs) with a tenure of 5...

News

BoG yet to provide documents on $11.9M paid to Chinese company for no work done on Pwalugu Dam project

On April 8, 2024, while before the Public Accounts Committee, the Governor of the Bank of Ghana, Dr Ernest Addison, could not justify a...

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Tag: BoG

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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