New data released this Valentine’s Day season by money transfer service WorldRemit shows that Ghanaians living in the United Arab Emirates are sending on average US$203 (GHC893.2) more than usual...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
The BEIGE Group (TBG), a financial services provider, has announced the completion of its successful acquisition of Unique Life Assurance Company Limited (U-Life), a licensed life assurance firm in...
The latest news coming from Ghana my motherland is that, President Akufo-Addo has settled on lawyer Akoto Ampaw as the first person to fill the position of Independent or Special Prosecutor. Sources...
Despite calls to the Bank of Ghana(BoG) to introduce measures that will reduce the number of banks in the country, former Finance Minister, and Chairman of the Board of newly licensed Heritage Bank,...
HFC Bank has joined the growing list of organizations that will be sponsoring Citi FM’s 2017 Heritage Caravan. The Heritage Caravan initiative which was recently endorsed by the Minister of...
The current Payment system in Ghana refers to the entire matrix of institutional infrastructure arrangements and processes in a country set up to enable economic agents (individuals, businesses,...
Traders at the Secondi Market in the Western Region face looming danger as the structure under which they sell their wares is at the verge of collapse. Speaking to GN MEDIA in an interview over the...
The National Pensions Regulatory Authority (NPRA) has disclosed to Citi Business News that workers should be able to access mortgage loans with their tier 2 and 3 pension benefits by the end of this...
Chief Executive of the National Health Insurance Authority (NHIA), Nathaniel Otoo, has brought down the curtain on his career at the Authority. Sources at the corridors of power reveal that his...
Chief Executive of the National Health Insurance Authority (NHIA), Nathaniel Otoo, has resigned. Sources told citifmonline.com that his departure was sanctioned by government sometime last week...
Funds transfer and electronic payment in Ghana is expected to be enhanced soon when the Retail Payment Systems Infrastructure project takes off. Interoperability from a financial perspective involves...
The Chief Executive of the National Health Insurance Authority (NHIA), Nathaniel Otoo, has resigned. This follows a series of resignations hitting state institution due to the change in government....
The money transfer market and the electronic payment system is expected to receive a major boost with the deployment of a new retail payment systems infrastructure that will soon be rolled out. The...
U. S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance...
The third generation of the Ghana Customs Management System (GCMS 3) will be rolled out in the first quarter of this year. The move, which is being powered by the Ghana Community Network (GCNET) will...
Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U. S. central bank being pressed into a more aggressive pace of monetary policy...
MANAGING Director of Activa International Insurance, Mr. Solomon Lartey, has urged players in the insurance industry to make insurance a driving force of the economy. He has subsequently called on...
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can handle the intermediary role in across-network mobile money transactions, a...
Banks in Ghana could ride on the back of the Instant Pay service to reduce any threat posed by mobile money services, the Ghana Interbank Payment and Settlement Systems (GhIPSS) has said. The value...
