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Business

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

Measures in place by Central Bank to stabilize cedi – Governor

Governor of the Bank of Ghana, Dr. Ernest Addison, remains hopeful that the ongoing challenges concerning the cedi's performance against the US dollar will...

Business

BOG considers handing Gold for Oil implementation policy to commercial banks

The Bank of Ghana (BoG) is contemplating a shift in strategy by potentially entrusting commercial banks with the implementation of the Gold for Oil...

Independent Africa

Ex Nigerian Central Bank Governor Godwin Emefiele pleads not guilty to fresh charges

Godwin Emefiele, Nigeria's former Central Bank Governor, pleaded not guilty to 26 new charges filed against him by the country's financial watchdog. The Economic and...

Independent Africa

Nigeria’s Central Bank increases interest rates as part of efforts to mitigate soaring inflation

Amid widespread protests against the government's economic policies, Nigeria's Central Bank has opted to increase interest rates as part of efforts to mitigate soaring...

Business

Cedi weakens against major currencies despite inflation dip, Central Bank intervention

Last week, the Ghanaian cedi experienced a 1.22% depreciation against the US dollar in the retail market, alongside losses of 0.65% to the pound...

News

Aliko Dangote fingered in Nigeria’s probe of the dismissed ex-Central Bank governor

Officials from the Nigerian anti-graft agency, the Economic and Financial Crimes Commission (EFCC), conducted a visit to the offices of Dangote Industries Ltd, owned...

Business

Ghanaians should rather applaud BoG for being resilient during economic crisis in 2022 – Governor

Governor Ernest Addison of the Bank of Ghana has lauded the central bank, describing it as deserving of "applause" for its resilience in bolstering...

World

Burundi’s former central bank governor detained

The former head of Burundi's central bank has been arrested on suspicions of corruption. Dieudonné Murengerantwari has been accused by the justice ministry of...

Business

Economist laments on poor state of Ghana’s economy

Faculty member at the University of Ghana Business School, Professor Godfred Bokpin, has expressed concerns that the nation is on a perilous course under...

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Tag: Central Bank

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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