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.
DL News
Results for "National Investment Bank"
3240 results.
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
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.
DL News
Business
BoG suspends forex licences of Fidelity Bank, FNB Ghana
The two banks have been additionally fined 1000 penalty points each
DL News
Business
Desist from dealing in illegal forex activities - BoG
Such violations are punishable on a summary conviction, by a fine of up to 700 penalty units or a term of imprisonment of not more than 18 months, or even both.
DL News
Courts
Man remanded for allegedly stealing $386,790 from NIB
Paul Tuopare Junior is alleged to have fraudulently acquired 45 Mastercard payment cards and used them to transact business to the tune of $386, 760.
GNA
Courts
Evangelist and prophetess jailed 11 years for stealing GH¢265,000 from retiree
Samuel Kwesi Tsogbe, the 33-year-old evangelist was sentenced to six years imprisonment and Esther Christ, a 63-year-old prophetess was put away for five years
GNA
Business
Proposed e-levy problematic—Dr. Duffuor
Dr. Duffuor with his experience from the Bank of Ghana and later as Finance Minister proposed practical steps that could blend monetary policy and fiscal policies to create jobs for the youth.
DL News
Asia
China declares all crypto-currency transactions illegal
Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China said, warning it “seriously endangers the safety of people’s assets”.
DL News
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.
DL News
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.
DL News
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.
DL News
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.
DL News
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.
DL News
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.
DL News
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.
DL News
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.
DL News
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
DL News
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.
DL News
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...
DL News