173 results.
Business
A statement issued by the BoG and signed by its Secretary, Sandra Thompson, emphasized that the guidelines are mandatory for all industry participants and that non-compliance could attract administrative sanctions.
DL News
Business
In a statement released on June 27, 2025, the central bank named the unlicensed operators as Ace Money Transfer, Remit Union, Remit Home, Roze Remit, Monty Global, Nairagram, I-Transfer, Hurupay, Eversend, and Izi Send.
DL News
Business
The BoG stated that this decision aligns with section 11 (2) of the Foreign Exchange Act, 2006 (Act 723).
DL News
Courts
On November 1, 2024, Justice Brew delivered the ruling, critiquing the BoG’s handling of the case and underscoring the constitutional mandate for administrative actions to be fair and reasonable.
DL News
Crime
"This fraudulent scheme does not reward investors as promised. Unsuspecting recipients of such messages who click on the hyperlink or forward such messages compromise the safety of their funds, their WhatsApp accounts, and other social medi...
DL News
Courts
On the assumption of power of a new government in 2016(NPP), the new management of the Bank of Ghana was sworn in
DL News
Courts
On August 14, 2017, its licence and UT Bank were revoked by the BoG after the BoG had declared them insolvent.
DL News
Business
In a public notice dated 22 December 2025, the central bank spelt out exactly who is required – and who is not permitted – to generate an LOC under the Integrated Customs Management System (ICUMS), following growing confusion among exporter...
Richard Osei Boateng
Business
According to the Central Bank, actions such as the payment of rebates, commissions, or preferential arrangements that distort competition will attract decisive regulatory sanctions under the relevant laws.
DL News
Business
In an interview with Joy Business, Mr. Gamey explained that under current employment regulations, organisations have the legal authority to terminate the appointments of probationary staff who do not meet performance expectations.
DL News
Business
In a public notice, the central bank revealed that these scammers are operating across multiple platforms and luring people with false promises of lucrative payouts in exchange for upfront deposits.
DL News
Business
This directive aligns with the National Identity Register Regulations, 2012 (L.I. 2111), which emphasize biometric verification as the gold standard for secure transactions.
DL News
Business
Bancassurance, which involves partnerships between banks and insurance companies to offer insurance products through banking channels, has significantly expanded across Africa and globally since the 1980s.
DL News
Business
According to the BoG’s Annual Credit Reporting Activity Report, a total of 53,522 dud cheques were submitted by banks and specialized deposit-taking institutions (SDIs), up from 43,457 in 2022.
DL News
Crime
Enock Mawuli Sabah Kugbedzi, the head Pastor of Kingdom Chapel International, Nungua-Buade, pleaded not guilty to “operating a deposit taking institution without license.”
GNA
Business
The activities of the entities are in contravention of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930); BoG said in a statement dated June 14, 2023.
DL News
Business
A report released by the Bank of Ghana (BoG), on Wednesday, August 17, 2022, stated that the dockets have equally been forwarded to the Attorney-General for advice.
DL News
Business
The fraud report presents an overview of fraud typologies recorded in the Banking and SDI sector and Electronic Money Issuers (EMI) sector.
DL News
General
The GhanaCard is synchronised with all other cards, so now we have access to more database that we can track the student from.
DL News
Business
It has emerged that the central bank December 2020 issued several directives to financial intuitions to phase out and replace all soft-skinned CIT vehicles.
DL News
