Minority calls for immediate suspension of Debt Exchange Programme
The Minority in Parliament has called for the immediate suspension of the government's Domestic Debt Exchange (DDE) Programme.To the Caucus, the programme has...
I cannot bear to watch the indignities being visited on my former employees – Nduom
The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has alleged that the National Pensions Regulatory Authority (NPRA) is treating his former employees unfairly....
Beige Bank case: Court to conclude Case Management Conference today
Founder and CEO of the defunct Beige Bank, Michael Nyinaku, is expected back in court today, January 11, 2023, as the court is set...
MASLOC trial: Court sends fresh message to Alex Mould
The High Court in Accra has given a 26-day grace period to former Chief Executive Officer (CEO) of Ghana National Petroleum Corporation, (GNPC), Alex...
Databank customers threaten to burn down company
Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests.Chief Executive Officer of the firm, Kojo Addae-Mensah,...
Data Bank shuts down office due to attacks and threats
Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and...
Cedi continues recent gains; 1$ now ¢9.2
The Ghana cedi continued its recent gains against the US dollar and the euro today, December 19, 2022.This is coming after recording its biggest...
Ecobank ends ‘Deposit more and win big promo’; rewards several customers
Ecobank Ghana has held its third and final draw of the Deposit More & Win Big promo series, here in Accra, rewarding thousands of...
Court accepts Ato Essien’s GH¢90m repayment terms
An Accra High Court has accepted the GH¢90 million repayment terms on the founder of Defunct Capital Bank Ato Essien’s restitution deal.This comes...
IMF reaches $3bn Staff-Level agreement with Ghana
The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on economic policies and reforms to be supported by a new three-year...
Capital Bank trial: We cannot be compromised – Deputy Attorney-General [Video]
https://www.youtube.com/embed/LkoyrM2J8XYDeputy Attorney-General, Alfred Tuah-Yeboah, says the office has not been compromised in the ongoing trial of the founder of the defunct Capital Bank, William...
Ghana suffers 7 downgrades from 3 credit ratings agencies in less than 11 months
The current Moody’s downgrade of Ghana’s long-term sovereign bonds to further junk territories brings the total number of downgrades and revisions to seven in...
Ato Essien’s fate hangs as court rules on his case today
An Accra High Court is expected to give judgement in the criminal trial of founder and former Chief Executive Officer of defunct Capital Bank, William...
Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring
Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable.This...
BoG supports govt to refinance ¢2.83bn 5-year bond
The Bank of Ghana (BoG) supported the government to refinance ¢2.83 billion 5-year bond expected to have matured yesterday November 28, 2022.Joy Business is...
Policy rate hits 27%; loans to become more expensive
The Bank of Ghana has increased its policy rate by 2.5 percentage points to 27%, citing risks to inflation and exchange rate concerns as...
Court sets date to rule on Ato Essien’s case
An Accra High Court would on December 1, 2022, give judgement in the criminal trial of founder and former Chief Executive Officer of defunct...
Qnet dissolved: A-G to go after other firms
The Commercial Division of the Accra High Court has ordered the dissolution of Quest Net Limited (QNET) for engaging in dishonest, illegal and fraudulent...
BoG revokes licences of 2 forex bureaus
The Bank of Ghana (BoG) has revoked licences of Airport City Forex Bureau within the Atlantic Tower Building and Trade House Forex Bureau at...
NDK moves to settle GH¢1.2b locked-up funds
Finance house, NDK Financial Services, has said it is working to settle a GH¢1.2 billion indebtedness to depositors who have their funds locked up...
Lemonade Finance names Delay, Dumelo and Dr Likee as brand ambassadors
Lemonade Finance, a cross-border payment solution that enables Africans in the Diaspora to send money back home, has announced Deloris Frimpong Manso , John...
Former Groupe Nduom workers appeal for release of Provident Fund
Former workers of the defunct Groupe Nduom (GN) Savings and Loans Limited have appealed to the government to facilitate the immediate release of their...
Cedi depreciation: Over 70 ‘black market’ dealers arrested [Video]
https://youtu.be/MzVBnFRR2e8A joint operation by the Bank of Ghana (BoG) and the Ghana Police Service has led to the arrest of over 76 illegal foreign...
British pound falls to its lowest level against dollar since 1985
The British pound on Wednesday (7 September) plummeted to its lowest level against the U.S. dollar since 1985.Sterling fell to US$1.1407 in afternoon trade...
Papa Kwesi Nduom fills eyes of Ghanaians with tears
Chief Executive of Groupe Nduom, Dr Papa Kwesi Nduom, has left social media users in tears with his latest post on his grace to...
From university ‘money exchange agent’ to CEO – The story of FXKudi’s Abioye Oyetunji
Economic and societal challenges in Africa are everyday phenomena that continue to beg for answers.Taking an initiative to get any of the...
We haven’t printed ¢22.04bn to support govt’s budget – BoG
The Bank of Ghana (BoG) has dismissed claims by the Minority in Parliament that it has printed ¢22.04 billion to finance government’s budget.In a...
Nduom sues Republic Press for ¢1m over ‘false’ GN Bank story
The Chairman and President of Groupe Nduom, Dr Papa Kwesi Nduom, has sued the Republic Press over a news story published in its Monday,...
Access Bank touts success amid covid-19 pandemic
Access Bank (Ghana) Plc has recorded an impressive growth performance across key indicators of its operations for the year ended 31st December 2021.This...
Ghana’s public debt hits ¢391bn as of quarter 1, 2022
Ghana’s public debt stock remarkably shot up by ¢40.1 billion to ¢391.9 billion as of the end of March, 2022, the Summary of Economic...
Burkina Faso can’t determine prices of tomatoes for us – Samini backs Dumelo
Dancehall musician, Samini has backed actor, John Dumelo who has charged government to invest in tomato production.He argued that, until government takes a decision,...
Access Bank announces closure of Ring Road branch
The management of Access Bank has closed down its Ring Road branch in the Greater Accra Region.According to the bank, the closure is...
BoG to sell $350m to dealers in quarter 2, 2022
The Bank of Ghana will sell a total of $350 million dollars to authorised dealers in the second quarter of this year, in the...
GH¢1bn fraud: Banks line up staff for prosecution
The Bank of Ghana has revealed that some of the persons involved in the GH¢1bn fraud that hit the banking sector in 2020 are...
Capital Bank collapse: Ato Essien’s lawyers grill BoG official
Lawyers for the founder of the defunct Capital Bank, William Ato Essien, on Thursday, March 17, 2022, grilled an official of the Bank of Ghana (BoG)...
CIMG releases results of Ghana’s maiden professional marketing qualification examinations
The Chartered Institute of Marketing, Ghana (CIMG), last Thursday, officially announced results of the Institute’s maiden professional marketing qualification (PMQ) examinations, which was held...
Court orders BoG to produce Capital Bank’s statement of accounts
The High Court has ordered the Governor of Bank of Ghana, Dr Ernest Addison, to produce and tender into the court, on March 10,...
76% of global investors look set to grow their African investments – Study
Global investors are set to see a significant increase in their African investments, with 76 percent either studying the markets, preparing for entry or...
Capital Bank Collapse: ‘You stole GH¢200 million’ – Prosecutor grills Ato Essien
State Prosecutors have accused the Founder of the defunct Capital Bank, William Ato Essien, of causing the insolvency of the bank by stealing about...
Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine
Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...