Business
Finally, the Bank of Ghana stated that any individual or entity who participates in such or similar schemes do so at their peril.
The scheme is fraudulent and does not reward investors as promised.
DL News
Results for "Capital Bank"
1238 results.
General
It is defeatist to establish Development Bank without approval from parliament: We will oppose it-Haruna Idrissu
it is a kind of defeatist for me for the Ministry of Finance to want to establish this bank without recourse to parliament.
DL News
Business
BoG to pilot the e-Cedi, first digital currency in Africa
the Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project as a precursor to the issuance of a digital form of the national currency,
DL News
Courts
Jail Ato Essien for breaching restitution deal - AG to court
Ato Essien, who was standing trial with two others for stealing depositors' funds after the collapse of his bank, had reached an agreement with the AG’s department in December 2022, to pay an amount of Ghc 90 million as restitution to the s...
DL News
Crime
Kumasi police arrest three Nigerians allegedly connected to bank robberies
The suspects are believed to be members of a criminal network that monitors bank customers, follows them after withdrawals and steals their money, sometimes by breaking into parked vehicles.
DL NEWS
Courts
Bank manager granted GH¢1m bail over alleged GH¢1m theft
The court, presided over by Mrs Angela Attachie, admitted him to bail in the sum of GH¢1 million with two sureties, who must justify the bail with landed property.
DL News
Courts
Wontumi Exim Bank case adjourned after prosecution amends charge sheet
Principal State Attorney Joshua Sackey told the court on Tuesday, September 22, that the amended charge sheet had been filed and served on counsel for the accused persons.
DL News
Courts
A-G accuses Hanan Abdul-Wahab of using property order to access frozen bank accounts
The allegation is contained in an affidavit filed in support of an application asking the Accra High Court to revoke an earlier order that allowed Mr Abdul-Wahab to travel outside the country.
DL News
Business
BoG issues fresh guidelines on use of LOC in cross-border trade
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
Standard Chartered settles £1.5bn investor lawsuit over Iran sanctions disclosures
More than 200 claimants, representing about 1,400 investment funds, had sued the UK-listed lender in London, arguing that they were misled by the bank’s public statements and omissions.
DL News
Business
UBA Ghana's forex licence suspended over regulatory violations
In a statement released on Thursday, the central bank explained that the action was taken under Section 11(2) of the Foreign Exchange Act, 2006 (Act 723), after uncovering what it described as “multiple breaches of foreign exchange market r...
DL news
Business
Desist from quoting prices, making payments in foreign currencies-BoG to institutions, individuals
In a public notice dated August 27, 2025, the central bank warned that all unauthorized foreign exchange transactions—often conducted on the black market—are prohibited under the Foreign Exchange Act, 2006 (Act 723).
DL News
Business
BoG warns of unlicensed YellowPay and HanyPay
In a public notice dated June 10, 2025, the BoG flagged YellowPay, a product of Yellow Card Financial Inc., for falsely promoting itself as a provider of digital payment services, cryptocurrency trading, and cross-border remittance solution...
DL News
Courts
Prosecution files witness statements in GHS 49.1 million NSB cybersecurity fraud case
The accused are standing trial for multiple charges including stealing, conspiracy, and causing financial loss to the state.
DL News
Business
Bank of Ghana warns public against “Foreign Investor” scammers
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
BoG to roll out Cryptocurrency regulations by September 2025
Speaking at the African Leaders and Partners Forum hosted by the EBII Group during the IMF/World Bank Spring Meetings in Washington, D.C., Dr. Asiama said the initiative is tied to the anticipated passage of the Virtual Asset Providers Act.
DL News
Business
ADB threatens legal action as it denounces false claims against deputy MD
In an official statement, ADB emphasized its dedication to professionalism, transparency, and strict regulatory compliance.
DL News
Business
Bank of Ghana Report reveals rise in Bank staff fraud activities
According to the 2023 Banks, SDIs, and PSPs Fraud Report, this is a worrying trend thus warranting a call by the Bank of Ghana for banks to strengthen their internal control mechanisms.
DL News
Africa
Burundi's sacked central bank chief arrested over money laundering accusations
The charges against Dieudonné Murengerantwari are "provisional" pending the outcome of investigations, the justice ministry said.
BBC
Supreme Court News
Nduom can challenge GN Bank License revocation at High Court- Supreme Court
This settles the contention as to whether the businessman was legally bound to go for arbitration per the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) or fight the action at the High Court
Richard Osei Boateng