BoG Retains Policy Rate At 25.5%
The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the “risks to inflation and growth as balanced” its governor, Dr. Abdul-Nashiru...
Tag: Abdul-Nashiru Issahaku
BoG Maintains Policy Rate At 25.5%
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate for the first time this year at 25.5 percent. The policy rate, which is the rate at which the central bank...
BoG To Issue New GHS5 Notes On March 4
The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has disclosed that the Bank of Ghana(BoG) will unveil new banknote in five-cedi (GH¢5) denominations. According to him, the...
I’m Optimistic of Cedi Stability- BoG Governor
The governor of the Bank of Ghana (BoG) Dr. Abdul-Nashiru Issahaku has expressed optimism in the stability of the cedi as the year starts. According to him, the local currency showed some level of...
I’m Optimistic of Cedi Stability
The governor of the Bank of Ghana (BoG) Dr. Abdul-Nashiru Issahaku has expressed optimism in the stability of the cedi as the year starts. According to him, the local currency showed some level of...
We’ve Anchored Inflation Expectation
The Governor of the Bank of Ghana(BoG) Dr. Abdul-Nashiru Issahaku has said although the country is yet to achieve its targeted inflation for the year, the central bank has been able to anchor the...
We’ve Anchored Inflation Expectation
The Governor of the Bank of Ghana(BoG) Dr. Abdul-Nashiru Issahaku has stated that even though the country is yet to achieve its targeted inflation for the year, the central bank has been able to...
We’ve Anchored Inflation Expectation, Though We Yet To Achieve Target-BoG Governor
The Governor of the Bank of Ghana(BoG) Dr. Abdul-Nashiru Issahaku has stated that even though the country is yet to achieve its targeted inflation for the year, the central bank has been able to...
BOG Governor’s Position Comes Under Scrutiny
Opinions are divided over whether the current Bank of Ghana governor, Dr. Abdul-Nashiru Issahaku, should be allowed to serve his term, following the electoral victory of the New Patriotic Party’s...
BoG Governor Must Vacate Post If …
Some financial and political observers have suggested that the Governor of the Bank of Ghana, Dr. Abdul Nashiru Issahaku would have to take a principle position to vacate his position as a new...
Cedi To Depreciate Even Further
Economist Dr. Lord Mensah is predicting a further depreciation of the cedi ending the year beyond 4 cedis. According to Dr. Lord Mensah the festive season is likely to see the cedi depreciate as...
You and Low Interest Rates
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy rate by 50 basis points to 25.5 per cent. Previously, the rate had held at 26...
Union Savings and Loans Now Omni Bank
Management of Omni Bank has set an ambitious target for itself after successfully transitioning from a savings and loans company to a universal bank Thursday. The financial institution whose market...
BoG Governor, Chief of Staff Attend Omni Bank Launch [photos]
The Managing Director of Omni Bank Ghana, Philip Oti Mensah has assured that the bank will continue to serve the SME sector to expand its operations. According to him, prior to attaining a banking...
BoG Admits Ghana’s Economic Growth Is Weak
Governor of the Bank of Ghana (BoG), Dr Abdul-Nashiru Issahaku has acknowledged the slow growth of the Ghanaian economy, attributing it to external factors and tight credit conditions. According to...
Bank of Ghana Investigates ARB APEX Bank
The Governor of the Bank of Ghana (BOG) Dr. Abdul-Nashiru Issahaku has disclosed of an ongoing investigation into the current happening at the ARB Apex Bank, “Central Bank” for all Rural and...
Election Fever Will Not Cause Cedi Depreciation
The Bank of Ghana(BoG) has assured that the cedi will not lose its stability against the dollar despite signs of the currency recording some marginal depreciation in recent times. Some market...
Government Owes BDCs GHS2b
Government has to seek an additional GH¢1.2 billion to be able to pay off all debts owed Bulk Oil Distribution Companies (BDCs) which, currently, is over GH¢2.2billion (GH¢2,263,610,424). This is...
We’re Investigating Apex Bank MD, Board Chair – BoG
The Bank of Ghana (BoG) has disclosed that it is investigating allegations made by the Union of Industry, Commerce and Finance Workers (UNICOF) against the Managing Director and Board Chair of ARB...
We’re Investigating Apex Bank MD, Board Chair- BoG
The Bank of Ghana (BoG) has disclosed that it is investigating allegations made by the Union of Industry, Commerce and Finance Workers (UNICOF) against the Managing Director and Board Chair of ARB...