Defunct UT Banks CEO Kofi Amoabeng arrested
Founder of the now-defunct UT Bank, Prince Kofi Amoabeng, has been arrested, adomonline.com can confirm.He was arrested on the morning of Tuesday, January 14,...
Ghana Cedi Depreciation: Importer fingers banks; here is why
The
Executive Secretary to the Importers and Exporters Association of Ghana,
believes the Central Bank of Ghana is gradually losing control over the
activities of illegal forex...
Watch: Features of new GH¢200, GH¢100 notes and GH¢2 coins
The Central Bank has added GH¢100 and GH¢200 notes and GH¢2 coins to the country’s currency denomination.The new notes go into circulation Friday after...
How Ghanaians are reacting to BoG’s new GH₵ 2 coin, 100, 200 Cedi notes
Following the release of GH₵ 2 coin, 100 and 200 Cedi notes into the circulation by the Bank of Ghana, a number of...
BoG goes after compensation package policies of Bank CEOs
The Central Bank has directed banks in the country to publish Value Added Statements disclosing details of compensation package policies of Chief Executive Officers...
Salary publication of bank CEOs to fight cronyism – Economist says
Dr Lord Mensah, a senior lecturer at the Department of Finance of the University of Ghana, has commended the Bank of Ghana’s decision to...
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...