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...
Stanbic Bank clears air on arrest of customer in banking hall
Stanbic Bank Ghana has reacted to the arrest of a customer in the banking hall of one of its branches.The customer had alleged on...
No need to reinvestigate banking sector crisis – Special Prosecutor told
Anti-Corruption crusader, Vitus Azeem, says the Special Prosecutor’s decision to investigate the 2017 to 2020 financial sector crisis amounts to double investigations as the...
Office of Special Prosecutor probes banking sector crisis
The Office of the Special Prosecutor (OSP) says it has commenced investigations into the financial sector crisis which led to the collapse of some...
Ghanaians are not against E-Levy – Ken Ofori-Atta
The Finance Minister, Ken Ofori-Atta, says Ghanaians are not against the Electronic Transaction Levy aka E-Levy, following his interactions with citizens in some constituencies...
BoG sacks two employees over ‘fake certificates’
The Bank of Ghana (BoG) has dismissed reports suggesting that 90% of newly recruited staff were found to have presented fake certificates.A statement...
Venture Capital Fund to be recapitalised with $40 million
The government is capitalising Venture Capital Trust Fund (VCTF) with $40 million to enable it to fund more viable start-ups in the country.The...
Judge threatens to revoke Ato Essien’s bail in ¢620m Capital Bank trial
An Accra High Court has expressed frustration with counsel for the Chief Executive of defunct Capital Bank, William Ato Essien’s attitude towards his ongoing...
Akufo-Addo appoints Rosemary Beryl Archer as Deputy CEO of Ghana Exim Bank
President Nana Akufo-Addo has appointed Rosemary Beryl Archer as Deputy Chief Executive (CEO) of Ghana Exim Bank.The new Deputy Chief Executive in Charge...
GCB announces closure of three branches until further notice
The Ghana Commercial Bank (GCB) has announced the closure of its Dzorwulu, Tantra Hill and Takoradi harbour branches.Though reasons for the closure...
Santander: Bank hands out £130m in Christmas blunder
Tens of thousands of people awoke on Christmas morning to a surprise from an unexpected benefactor – Santander.The bank mistakenly deposited £130m into...
Togbe Afede XIV hits back at BoG over high interest rates
Togbe Afede XIV has described responses made by the Bank of Ghana (BoG) over his earlier submission on the Monetary Policy Rate as “misrepresentations...
Duffuor shares painful story of uniBank collapse
Founder of now-defunct uniBank, Dr Kwabena Duffuor, has opened up about his struggles with the collapse of his financial institution.According to him, it was...
Capital Bank case: Ato Essien suffers sleep disorder
The founder of the defunct Capital Bank, William Ato Essien, has been reported sick and has been diagnosed with 'Obstructive Sleep Disorder.'Mr Essien and...
Failing to pay regulators huge sums of money results in collapse of companies – Nduom
Founder of Group Nduom, Dr Papa Kwasi Nduom, has blamed governmental interference and a lack of support for local companies as what has accounted...
Kofi Amoabeng reveals why he has no regrets over UT Bank’s collapse
The Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has revealed he has no regrets venturing into the banking sector.Despite the...
Capital Bank case: I’m a nation builder – Ato Essien
The founder of the defunct Capital Bank, William Ato Essien Thursday morning described himself as a nation builder whose work was the engine of growth for...
Restructured Agyapa Royalties Agreement to be submitted to Parliament
The government has disclosed its intention to submit a restructured Agyapa Royalties Agreement to Parliament for approval.Finance Minister, Ken Ofori-Atta, made this known when...
Elon Musk mocks Jeff Bezos as he extends lead as world’s richest man with $222 billion
Elon Musk has come through on his promise to send Jeff Bezos a silver medal now that the Tesla CEO has surpassed the Amazon founder to become...
Dormant accounts with NIB to be transferred to BoG
The National Investment Bank (NIB) has issued a notice of its intention to transfer a list of dormant customer accounts to the Bank of...
Sim-registration: NIA to establish 291 offices by November
The National Identification Authority (NIA) says it is establishing 291 offices across the country to help Ghanaians who have not registered for the Ghana...
CalBank receives two prestigious awards
CalBank Plc has picked two prestigious awards at the just-ended International Business Magazine Awards held in September 2021.The bank was recognised for Best...
China declares all crypto-currency transactions illegal
China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin."Virtual currency-related business activities are illegal...
One acquitted and discharged in Capital Bank collapse case
The Accra High Court has acquitted and discharged Kate Quartey-Papafio, the Managing Director of Reroy Cables Limited, who was on trial with three others...
African Development Bank advocates public finance reforms
The African Development Bank (ADB) on Friday, July 2, 2021, launched its Strategy for Economic Governance in Africa (SEGA).The strategy is aimed at fostering...
TikTok boss quits at age 38 after amassing $44bn fortune from controversial app
One of the billionaire brainboxes behind TikTok is stepping down as Chief Executive Officer (CEO) of ByteDance, the Chinese company that owns the hit...
Committee probing uniBank, UT Bank collapse requests documents from petitioners
The nine-member committee tasked to probe the collapse of Unibank and UT Bank has directed the petitioners to submit all necessary documents to support...
Works and Housing Minister praises FNB over homeownership initiative [Photos]
The Minister for Works and Housing, Francis Asenso-Boakye, has praised First National Bank Ghana for its initiatives to boost homeownership in Ghana.Mr Asenso-Boakye was...
Speaker constitutes 9-member committee to probe uniBank, UT Bank collapse
Parliament has set up a nine-member committee to probe circumstances that led to the collapse of UT bank and uniBank after a petition presented...
Kejetia traders protest high electricity bills
Traders at the new Kejetia market have given managers of the facility a two-week ultimatum to address challenges with their electricity bills.The over seven...
7-member Parliamentary committee to probe collapse of UT Bank, uniBank
The Speaker of Parliament, Alban Bagbin, has directed the formation of a seven-member committee to probe the collapse of UT Bank and uniBank.Two majority...
Kwabena Duffuor, Kofi Amoabeng petition Parliament
A former Finance Minister, Dr Kwabena Duffuor and former Chief Executive Officer of UT Bank, Kofi Amoabeng have petitioned Parliament over the Bank of...
Kuami Eugene lacks communication skills – Kidi [Video]
Musician KiDi has revealed that his label mate Kuami Eugene sometimes does not know how to communicate with people around him.The ‘Say Cheese’ hitmaker...
Akufo-Addo reveals difficult problem in first term
President Akufo-Addo has described the banking sector crisis as one of the difficult problems his government encountered in his first term.According to him, many...