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Nigeria: Security forces detain suspended central bank chief

As part of an inquiry into his position, Nigeria's security forces have detained the central bank's suspended head, according to a statement from the...
Business

Eurobonds surge in Nigeria after Central Bank Governor’s suspension

As foreign investors rejoiced at the Central Bank governor Godwin Emefiele's suspension late last week after overseeing various exchange rates that failed to maintain...
Independent Africa

Police arrest Head of Nigerian Central Bank recently suspended

The governor of Nigeria's Central Bank, Godwin Emefiele, has been arrested by authorities shortly after being suspended from his position by the country's new...
Business

Banking sector still strong and liquid despite economic hiccups – BoG

The banking industry's stakeholders have been reassured by the Central Bank's second deputy governor, Elsie Addo Awadzi, that the industry is still strong, liquid,...
Business

Use eCedi to enhance financial inclusion in rural areas– Dr. Opoku Afari

Dr. Maxwell Opoku Afari, the First Deputy Governor of the Central Bank, is hopeful that the introduction of eCedi in Ghana will enhance financial...
Business

US Central Bank admits to failing to monitor collapsed SVB

The biggest bank failure in the nation since 2008 occurred last month when Silicon Valley Bank fell, and the US central bank has claimed...
Business

Central bank details extent of economic problems in Sri Lanka

The greatest economic catastrophe to hit Sri Lanka in more than 70 years has been detailed by the central bank of the island nation In...
Business

Govt receives GHS1.79bn from treasury bills auction

Government secured GH¢1.79 billion from the sale of treasury bills in its latest auction held on April 17, 2023. The auction saw an oversubscription of...
Business

BoG reduces US dollar supply to bulk oil distribution companies in exchange for gold

The Central Bank plans to reduce in its U.S dollar supply to Bulk Oil Distribution Companies (BDCs) operating in Ghana's downstream oil and gas...
Business

Interest rates rise slightly as the government receives GH1.6 billion from T-bills

The sale of treasury bills saw an oversubscription of about GH¢300 million from an auction held on March 31, 2023. The government secured GH¢1.59 billion...
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