Tag Archives: Bank of Ghana

The Bank of Ghana (BoG) has announced an upgrade on the the One Ghana (GH¢1) coin with enhanced security features. A statement from the BoG said it will issue the upgraded GH¢1 coin into circulation from Monday,12th December 2022. The coin, according to the Central Bank, is similar to the …

The Bank of Ghana (Bog) has warned individuals who have acquired loans through mobile money platforms but have deliberately refused to register their SIM cards to enable them repay the loan. The central bank says data on all mobile money loan customers are avilable in the data base of credit …

The Ghana Black Stars’ new sponsor, Mara, a non-bank financial institution has not been licensed by the Bank of Ghana or the Security and Exchange Commission (SEC). They are not authorised to trade in cryptocurrency or bitcoins or any other non-bank financial services in Ghana, our reliable source can confirm. …

The Information Minister, Kojo Oppong Nkrumah   has said some dollars will be injected into the economy soon to halt the sharp depreciation of the Ghanaian Cedi. Kojo Oppong Nkrumah said about $2 billion will hit the government’s account shortly. For the breakdown, he said $750 million is expected from …

The Bank of Ghana (BoG) has urged all Ghanaians to accept the Five Pesewas coin and trade with it.   Head of Currency Management Department at the BoG, Dominic Owusu, told TV3’s Manu Afful that the coin is still a legal tender hence as good citizens, Ghanaians must use it. …

A former Political Science lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), Dr. Richard Amoako Baah, has stated that the opposition National Democratic Congress, NDC, is right about a claim of new currency notes printed by the Central Bank.   Cassiel Ato-Forson, the Ranking Member on the …

A Deputy Minister of Finance, John Kumah has dismissed claims by the NDC’s Member of Parliament for Ajumako-Enyan-Esiam Constituency, Cassiel Ato Forson that the Bank of Ghana (BoG) has printed ¢22billion and hid it from Parliament.   According to John Kumah, the claims are false, without merit, and without foundation. …

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has warned the general public against linking their Ghana cards to their bank accounts through links sent via social media. According to him, no bank has put it out there that clients can link their Ghana cards …

The Minority in Parliament have pushed against plans by the Electoral Commission (EC) to use the Ghana Card for the compilation of the 2024 Voters Register. According to them, such a move will disenfranchise a lot of Ghanaians since many citizens are yet to receive their Ghana Cards. Speaking on …

The Bank of Ghana (BoG) has warned the public about an impending launch of a cryptocurrency investment scheme named “SIDICOIN” in Ghana. According to a statement from the Central Bank, neither the cryptocurrency investment scheme nor its promoters have any approval from the Bank of Ghana to operate in the …