Banking & Finance

BoG cautions public against YellowPay and HanyPay

The Bank of Ghana (BoG) has strongly warned the public and financial institutions against engaging with two unlicensed digital platforms:…

BoG’s loss since 2007 hits GH¢82.8bn- 8x its profit

The Bank of Ghana (BoG) has posted cumulative losses of GH¢82.79 billion since the 2007 cedi redenomination, data from JoyNews…

APRM faults Fitch over Ghana loan downgrade

The African Peer Review Mechanism (APRM) has strongly criticised Fitch Ratings for downgrading the African Export-Import Bank (Afreximbank), calling the…

T-Bill auction misses target by 34% as demand falls

Ghana’s latest Treasury bill auction fell short of its target by 34%, continuing a trend of weak investor demand. The…

BoG pledges strict adherence to zero budget financing

The Bank of Ghana (BoG) says it will stick to a strict zero-financing policy for the national budget. This decision…

Bank of Ghana cuts loss to GH¢9.49bn in 2024

The Bank of Ghana (BoG) posted an operating loss of GH¢9.49 billion for the 2024 financial year, reflecting a significant…

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