Tag: Bank of Ghana (BoG)
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BoG raises policy rate to 14.5 percent
The Monetary Policy Committee of the Bank of Ghana (BoG) has increased the policy rate by 100 basis points to 14.5 percent. The policy...
BoG warns against fraudulent money doubling scheme dubbed ‘Worldremit’
The Bank of Ghana (BoG) has warned of a money-doubling scheme operating in Ghana under the pseudo name “Worldremit”.
“This fraudulent scheme is distinct from...
BoG maintains policy rate at 13.5% for third time
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 13.5%.
The policy rate is the rate at which...
Cellulant receives enhanced PSP licence from the Bank of Ghana to launch Tingg
Pan-African fintech company, Cellulant has been granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG) to introduce its digital...
63 YEARS OF CENTRAL BANKING IN GHANA: ANCHORING MONETARY AND FINANCIAL STABILITY
On 1st August 1957, Ghana's central bank, the Bank of Ghana, opened its doors for operations following its establishment on 4th March 1957 under...
