Banking

BoG maintains policy rate for fifth time in row

Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) for the fifth time, since January this year kept the lending rate to commercial...

Ghana’s economy has seen a miraculous turn-around – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta says Ghana’s economy has been fixed after the government inherited a very bad economy from the erstwhile John Dramani Mahama...

Infographics: Highlights of 2020 budget statement

The Finance Minister, Ken Ofori-Atta has presented before Parliament the 2020 budget statement and economic policies set to drive Ghana's economy in the coming...

Finance Minister presents 2020 budget

Finance Minister, Ken Ofori-Atta, is scheduled to present the Akufo-Addo government’s fourth Budget and Economic Policy in Parliament.Wednesday’s presentation, according to the Finance Ministry, will...

Audio: Distraught customer shares frustration after SEC’s closure of investment companies

A distraught customer of First Banc Financial Services at the Airport residential area in Accra has shared his frustrations after the closure of 53...

Monetary Policy Committee to hold crucial meeting Nov. 20

The Monetary Policy Committee (MPC) of the Bank of Ghana is set to hold its 91st regular meeting from Wednesday, November 20, 2019 at...

Secret for closure of Nigeria border exposed!

Member of Parliament (MP) for Odododiodoo constituency, Nii Lante Vanderpuye, says he feels the closure of the Nigerian border to other Africans including Ghana...

Corporate Income Taxes stifling rural banks’ support for communities

The decision by the government to up Corporate Income Taxes imposed on Rural and Community Banks (RCBs) from eight (8) to 25% is stifling...

BoG to improve cedi stability with $125 million injection

The Bank of Ghana has planned to inject $125 million into the Ghanaian economy in the last quarter of the year to shore up...

Electricity tariff up by 5.94%, water 2.22%

The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment of electricity and water tariffs.Electricity is up by 5.94%, while water is up...

Just in: Auctioneers move to sell NPP chairman’s assets on court order but NIB insiders attempt to block move [Photos]

Reliable information available to adomonline.com indicates that auctioneers have moved in to execute a court order against Allship Logistics Limited through the auctioning of the company’s...

Banking crisis: Submission date of ‘proof of debt forms’ extended for customers

The Receiver of collapsed financial institutions, Eric Nana Nipah, has extended the deadline for the submission of ‘Proof of Debt forms’ to Friday, September 27, 2019.The...

BoG pegs mobile money minimum requirement at GH¢20 million

 The Bank of Ghana (BoG) has pegged the minimum capital requirement for the operation of a mobile money company at GH¢20 million.A statement signed by the...

Techiman hosts Bono East regional town hall meeting today

Government is scheduled to hold a town hall meeting on Monday, September 9, 2019, at Techiman in the Bono East Region to address issues...

You can’t deposit or withdraw money without these three items – Bank of Ghana warns

The Bank of Ghana (BoG) has directed banks and other specialised deposit-taking institutions to ensure that people who deposit money into and/or withdraw same...

High court orders closure of Nsawam GCB branch

The Koforidua High Court on Thursday morning ordered for the closure of the Nsawam branch of GCB Bank due to its failure to release...

First Ghana Savings and Loans appeals for restoration of license

Staff of the First Ghana Savings and Loans (FGSL) Limited have appealed to government to restore the company’s license to enable it to serve its customers,...

Bawumia’s spokesperson justifies closure of GN Savings and Loans

Spokesperson of the Vice President, Dr Mahamudu Bawumia, Dr Gideon Boako, says the government does not owe GN Savings and Loans, contrary to the...

PPP guru suspects ‘dirty’ politics in closure of GN Savings and Loans

Director of Operations of the Progressive People’s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom's GN Savings and Loans Limited...

Shocked Nduom reacts to shut down of GN Savings and Loans by BoG

The Chief Executive Officer (CEO) of Groupe Nduom, Dr Papa Kwesi Nduom, has described as "widely inaccurate" the Bank of Ghana's (BoG) statement...

PDS accounts frozen over anomalies in bank guarantee

The Financial Intelligence Centre (FIC) has frozen the bank accounts of Power Distribution Services (PDS) following the detection of anomalies in the bank guarantee...

GTBank, Ria partner Zeepay to launch MOMO transfer service

Guaranty Trust Bank and Ria Money Transfer have teamed up with Zeepay, a local financial technology company to launch a mobile money transfer service...

ECOBANK supports 16 medical students to study abroad

Ecobank Ghana and its partners have provided support for some 16 medical students to go study abroad as part of the banks annual Sponsored...

Audio: Car dealership company refunds cash to angry customers after failing to deliver

Customers of car dealing company, Eddu Motors Company Limited, based in Kasoa in the Central region will now heave a sigh of relief following...

Opportunity International Marks Staff Welfare Day With a Health Walk and Donation to Akropong School for the Blind

The Management and staff of Opportunity International Savings and Loans (OISL) drawn from various branches of the company, embarked on a 5-kilometer health walk...

National Service person remanded for defrauding GCB customers

A 29-year-old National Service person serving at the...

Town Hall meeting: Bawumia explains Cedi drop [Video]

Vice President of Ghana, Dr Mahamudu Bawumia, has...

Uber Country manager woos customers with juicy packages

As part of efforts to improve customer service,...

UT Bank could’ve survived if BoG had given us time – Kofi Amoabeng

The President of UT Holdings, Prince Kofi Amoabeng...

Nigeria and Ghana now among the leading crypto-markets globally for Paxful

While much of the recent crypto-related news headlines...

Old Mutual Limited gets new Ghana CEO

Tavona Biza has been appointed as the new...

Businessman sues BoG to stop warnings

A businessman, Daniel Darko, has filed a suit...

BoG officials in collapsed banks scandal in trouble

Finance Minister Ken Ofori-Atta has announced his government’s decision...

SSNIT taps into mobile money to receive contributions

The Social Security and National Trust (SSNIT) will...

Panic withdrawals could collapse economy – Paa Kwesi Nduom

In the wake of the crisis in the...

BoG injects more dollars into economy

The Bank of Ghana (BoG) has stepped up...