MTN Ghana has notified customers of a planned system upgrade that will temporarily disrupt all Mobile Money services from 12:00 am to 06:00 am on August 17, 2025.
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MIIF Gold Trade Program – A Multi-Billion-Dollar Opportunity For Ghana
There has been recent allegations of losses and accusations of impropriety regarding the novel gold for oil program started by the previous government with the BoG
Bank of Ghana suspends CBG's forex trading licence over market regulation breaches
CBG's forex trading licence has been suspended for a month from November 26, 2024, according to a press release from the Bank of Ghana on November 12, 2024.
Total mobile money transactions hit over GH¢1.7 trillion
The total value of mobile money transactions hit GH¢1.775 trillion in eight months of 2024, according to the September 2024 Summary of Economic and Financial Data.
Bank of Ghana launches gold coins to mop up extra liquidity in banking sector
The Bank of Ghana has issued gold coins as an alternative investment asset available to the general public to mop up extra liquidity in the banking sector.
Consolidated Bank Ghana and finance ministry refute rumours of sale to foreign investor
The Ministry of Finance and Consolidated Bank Ghana (CBG) have denied speculation on social media that the bank has been sold to a foreign investor.
Michael Blackson weeps about his $1m investment in his school: "Ghana robbed me"
US-based Ghanaian comedian weeps about his investments in Ghana, which have gone bad. He directed his anger at the Bank of Ghana and the Ministry of Finance.
Bank fraud rises, fraudsters bag GH¢88m from banks and other institutions
Data collated from banks, Specialised Deposit-Taking Institutions and Payment Service Providers indicated that overall, the count of fraud cases increased to 15,865.
Cedi continues to depreciate slowly as a dollar trades at GH¢16.35 despite reduced demand
Although demand pressure on the Ghana cedi has eased, the local currency continued to depreciate marginally and is currently trading at GH¢16.35 to the dollar.
Ghana banks begin charging up to $20 as fees on forex accounts
Some commercial banks in Ghana have begun reintroducing charges on foreign exchange accounts after they suspended these fees under regulatory pressure.
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