Crime
Seven arrested in Accra over use of cedi notes for money bouquets, cakes
The arrests followed a joint operation by the Bank of Ghana and the Ghana Police Service after authorities reportedly received information about the activities.
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Results for "Fidelity Bank"
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Courts
Court adjourns Wontumi Exim bank case to July 27 for further plea talks
The matter has been adjourned to July 27, 2026, after both sides informed the court that negotiations were still ongoing.
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Courts
High Court grants AG, Wontumi permission to begin plea negotiation in GHC 30 million Exim bank loan case
It has been adjourned to July 6, 2026, for the parties to update the court on the outcome or progress of the negotiations.
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Courts
UMB fund approvals came from headquarters, not branches- witness tells court in Adu-Boahene trial
Mildred Donkor, the third prosecution witness, said any such approval had to come from the bank’s headquarters.
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Courts
Wontumi seeks plea deal in Exim Bank loan fraud case
The development was placed before the Accra High Court on Thursday, June 11, 2026, through a Notification of Commencement of Plea Negotiation filed by the Deputy Attorney-General, Dr Justice Srem-Sai.
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General
Real Estate Agency to crackdown on unlicensed agents, brokers
The warning was given by Jacob Adofo-Ansong, President of the Ghana Association of Real Estate Brokers and a board member of the Council, during a stakeholder engagement with the Bank of Ghana in Accra.
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Supreme Court News
Ecobank must pay monthly compound interest to Daniel Ofori-Supreme Court
In a ruling delivered on 6 May 2026, the court held that Mr Ofori, the plaintiff and judgment creditor, is entitled to monthly compounded interest at 30 percent on his principal investment from 2 June 2008 to 25 July 2018, the date of judgm...
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Courts
Bank Relationship Manager granted GH¢12m bail in alleged client account theft case
The accused, Christopher Arthur, denied the charge when he was arraigned before the court presided over by His Honour Eyram Fumey.
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Business
BoG to roll out rules for Ghana’s new crypto law
In a statement, the central bank said the directives will be issued in partnership with the Securities and Exchange Commission and will provide detailed guidance for the licensing, registration and oversight of virtual asset businesses.
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Business
BoG governor says crypto trading now legal under new regulatory framework
Governor Dr Johnson Pandit Asiama made the disclosure at the Bank’s annual Nine Lessons, Carols and Thanksgiving Service held at the Bank Square in Accra on Friday, 19 December.
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Business
BoG registers 100+ Crypto firms under New Virtual Assets Policy
The move, announced in a policy paper titled “Ghana’s Policy Position on Virtual Assets and Service Providers” and released on November 5, 2025, represents a major policy shift toward formal regulation
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Business
Face fines or jail for failing to repatriate proceeds-BoG warns exporters
In a notice dated October 30, 2025, the Central Bank said offenders could face fines of up to 5,000 penalty units, imprisonment of up to 10 years, or both
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Business
BoG hikes forex bureau licence renewal fee by 150%
In a statement issued on October 24, the central bank said the adjustment forms part of broader regulatory reforms aimed at bolstering oversight and ensuring the long-term stability of the forex market.
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Business
Ghana to regulate Cryptocurrency by December – BoG Governor
Governor Dr. Johnson Asiama, speaking at the IMF/World Bank Spring Meetings in Washington, DC, revealed that the Virtual Assets Bill is currently being finalized for submission to Parliament, where it is expected to be passed into law by De...
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Courts
Why AG entered nolle prosequi in the Duffuor case
“In this case, that benchmark has been met,” the statement read. “The continuation of the trial, in the Attorney-General’s view, would no longer serve any additional public interest.”
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Business
BoG urges public to save with licensed financial institutions
In a recent notice aimed at promoting financial literacy, the Central Bank stressed the importance of building a consistent savings habit, noting that it is never too early—or too late—to start.
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General
Restructuring vs. Liquidation: Choosing the Right Path in Insolvency
This article delves into the details of restructuring and liquidation, exploring the factors that guide the selection and offering valuable insights to guide stakeholders toward the most viable and beneficial outcome in insolvency proceedin...
Eric Ofori Kwaah
Business
BoG sets sights on crypto regulation and digital oversight
At a recent engagement with bank executives following the Monetary Policy Committee (MPC) meeting, BoG Governor Dr. Johnson P. Asiama outlined a refreshed supervisory agenda aimed at strengthening institutional governance, cybersecurity, an...
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Business
More staff of Banks, SDIs were implicated in fraud in 2024-BoG Report
The report, compiled by the Bank of Ghana and covering Banks, Specialised Deposit-Taking Institutions (SDIs), and Payment Service Providers, also revealed that 155 staff members were dismissed in 2024 for various offenses, with 54% of those...
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Business
Cap Borrowing, protect the central bank: Banking expert urges bold constitutional reforms
He proposed an amendment that would legally restrict any government from borrowing beyond 50% of Ghana’s Gross Domestic Product (GDP), stressing that the country’s unchecked debt accumulation has led to a worsening economic crisis.
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