Tag: BoG
BoG warns against cedi abuse, threatens arrest and prosecution over ‘money spraying’
The Bank of Ghana (BoG) has issued a stern warning to Ghanaians over the growing practice of abusing and improperly handling the Ghana cedi, cautionin [...]
BoG ‘smuggles’ Islamic Banking into Ghana
The Bank of Ghana (BoG) is facing growing scrutiny over its proposed Non-Interest Banking and Finance (NIBF) framework, with critics questioning wheth [...]
BoG assures churches of non-interest banking
The Bank of Ghana (BoG) has sought to allay concerns within sections of the Christian community over the introduction and regulation of non-interest b [...]
BoG unveils new council to police non-interest finance
The Bank of Ghana (BoG) has inaugurated the Non-Interest Financial Advisory Council (NIFAC) as part of efforts to establish a stronger governance and [...]
Rejecting cedi coins could land you in jail – Bank of Ghana warns
The Bank of Ghana (BoG) has warned traders, transport operators, businesses and the general public against refusing to accept Ghana cedi coins, stress [...]
BoG blacklists crypto dollar wallets, orders banks to cut ties with unauthorized platforms
The Bank of Ghana (BoG) has intensified its oversight of the country’s rapidly growing digital finance sector by directing banks and other regulated f [...]
Cedi faces fresh pressure despite BoG’s dollar intervention as demand for forex surges
The local currency has come under renewed pressure against the major international currencies despite significant foreign exchange interventions by th [...]
BoG pushes for local processing of gold, cocoa, oil to rescue collapse economy
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has thrown strong support behind calls for aggressive local processing of Ghana’s natural res [...]
BoG suspends proposed 0.75% wallet-to-bank transfer fee
The Bank of Ghana has directed Mobile Money Fintech Limited (MMFL) to suspend implementation of its proposed 0.75 per cent fee on direct wallet-to-ban [...]
Mobile Money records GH¢493bn transactions in April
The mobile money ecosystem continued its rapid expansion in April 2026, with total transaction value reaching an unprecedented GH¢493.2 billion, accor [...]