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We have enough reserves in place to stabilize cedi – BoG

The Bank of Ghana (BoG) is reinforcing its foreign exchange reserves to help stabilize the cedi as demand for foreign currency is expected to...

BoG has accumulated significant reserves to meet dollar demand – Finance Minister

The Finance Minister, Dr. Mohammed Amin Adam, has assured businesses and market stakeholders that the Bank of Ghana (BoG) has accumulated significant dollar reserves...

Phase 2 of DDEP had limited effect on 2023 Financial Performance – BoG

The Bank of Ghana has disclosed in its 2024 Financial Stability Review that Phase 2 of the Domestic Debt Exchange Programme (DDEP) had a...

Bright Simons fights BoG’s plan to build a corporate office in Tamale

Honorary Vice-President of civic group IMANI Africa, Mr. Bright Simons, has expressed confusion over a new tender issued by the Bank of Ghana (BoG)...

Being named as a next of kin doesn’t mean you inherit the account – BoG clarifies misconceptions

Next of kin, is simply a nominee designated by the account holder, serving as the main contact if the bank cannot reach the account...

Transactions conducted through mobile money services surpasses GHS1.9tr – BoG

The Bank of Ghana's (BoG) 2023 FinTech Sector Report indicates substantial advancements in the nation’s digital financial sector, with mobile money accounts exceeding 65...

BoG’s eCedi wins prestigious award in London

The Bank of Ghana (BoG) has been awarded the Innovation in Digital Currency Design for Financial Inclusion during the 2024 Payment, Innovation, and Technology...

Kwahumanhene directed to step aside as ADB Board chair over GHC2m fraud

The Bank of Ghana (BoG) has directed Daasebre Akuamoah Agyapong II, the Kwahumanhene, to step aside from his position as the Board Chairman of...

BoG’s rate cut unlikely to lower T-bill yields – Report

The Treasury bill (T-bill) market is anticipated to maintain high yields, even after the Bank of Ghana (BoG) implemented a notable cut in its...

BDCs to access BOG’s $120m for FX in Q4 2024

Bank of Ghana (BoG) is set to auction $120 million to Bulk Oil Distribution Companies (BDCs) during the fourth quarter of 2024, matching the...

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