Tag: Central Bank
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...
Business
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...
Business
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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