At least two persons have been arrested by the Police for allegedly luring some unsuspecting persons to subscribe unto the operations of MMM. The arrest, which was effected by the Tema Community One...
The Bank of Ghana (BoG) is engaging directors of ASN Financial Services Limited, a licensed Finance House, to find an amicable solution to the troubled indigenous institution. The company, which...
The Bank of Ghana (BoG) has cautioned the public against doing business with ponzi scheme, MMM. The caution comes after calls on the Central bank to halt the operation of the company following...
The Central Bank of Ghana (BOG) says the celebratory GHC5 note was in honour of Dr. Kwegyir Aggrey The Central Bank of Ghana (BOG) on Thursday indicated that the celebratory five Cedi note was...
The Bank of Ghana (BOG) is on a nationwide outreach program to educate Ghanaians about the security features on the new commemorative GHC5 bank note in circulation. The program, dubbed,...
The Bank of Ghana (BOG) is on a nationwide outreach program to educate Ghanaians about the security features on the new commemorative GHc 5 bank note in circulation. The program dubbed,...
The Bank of Ghana has expressed happiness about the performance of the latest legal tender released onto the market. Though there have been mixed responses over the new GH¢5 notes, the Bank says the...
The Bank of Ghana (BoG) has closed down two illegal micro-finance institutions, Agro Development Fund Services Limited and Hebron Financial Investment Limited. The two institutions were closed down...
The Bank of Ghana (BoG) has disclosed it will duly sanction owners of the two institutions whose activities have been halted for operating illegally. The central bank explains that it is currently...
The Bank of Ghana has explained that its recent decision to engage a third-party firm to interconnect mobile money retail payment was taken in the best interest of the economy. The bank said it was...
The Bank of Ghana (BoG) has denied allegations that it will print new 30, 100 and 200 Ghana cedi denominations to commemorate its 60th anniversary. Reacting to an article circulating on social media...
Ghana’s Central Bank has given a strong indication it will deal swiftly with the operations of a Ponzi financial scheme called the Mavrodi Mondial Movement popularly known as MMM. The scheme was...
The Bank of Ghana (BoG) is optimistic it will be able to reduce the time taken to address concerns from the public, following the opening of its 24-hour Contact Centre. In the past, it has been...
The Bank of Ghana may have to resort to an independent body if it wants to effectively address concerns within the banking industry and reduce apprehension among industry players. This is the advice...
Mobile money deposits hit GH¢697.2 million as of the end of June, this year, showing increasing public acceptance of mobile money service. Mr. Clarence Blay of the Systems Office of the Bank of...
Effective Friday, December 23, 2016, the general public would have direct access to the Bank of Ghana (BoG) for clarity on issues concerning the bank’s operations. It follows the establishment of a...
The Bank of Ghana would on Friday, December 23, launch a Contact Centre, as part of efforts by the Bank to improve communication and the public understanding of its work. Mr Bernard Otabil, the...
Be guided, and not put off by budget statements, says Bernard Otabil. As we prepare for another budget statement by the Government, this time looking at 2017, there is every reason for you to be...
The Bank of Ghana (BoG) has reacted to media reports that it spent $504,000 on gold watches for its staff as end of service benefit. According to the media reports, the BoG spent $504,000 which is...
The Bank of Ghana has played down public outcry about stories doing the rounds that the Central bank has been insensitive with the kind of benefit handed out to deserving staff who have worked with...
