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Banking
BoG maintains policy rate at 30% for second consecutive time
The Central Bank has maintained its monetary policy rate at 30%. This is the second time the BoG has maintained the…
T-Bills: Gov’t borrows nearly GHS 5bn at 31.5% average…
The 91, 182, and 364-day treasury bills auctioned by the Bank of Ghana (BoG) on behalf of the government, saw some…
Losses from DDEP scaled down to GHS 7.3bn from GHS 41.3bn…
Losses recorded by banks in the aftermath of the Domestic Debt Exchange Programme (DDEP) have seen a notable…
Cedi poised for resilience as EIU forecasts single-digit…
In the forthcoming year, the cedi stands poised to exhibit noteworthy resilience against the US dollar, projecting…
World Bank projects $12bn disbursements to Kenya
The World Bank predicted on Monday that it will provide $12 billion in aid to Kenya over the following…
Central Bank digital currency development enters the next…
Central bank digital currencies can improve payment systems as well as financial inclusion—if they are…
Zambia dealt major setback as official creditors object to…
Zambia suffered a major setback in its debt restructuring efforts after the government on Monday said a revised…
UBA Offers A Massive 10% Interest In Super Savings Promo—A…
United Bank for Africa (UBA) Ghana Ltd has taken a groundbreaking step in the banking industry by launching the…
Ecobank, African Guarantee Fund sign $200m pact to boost…
In a landmark move aimed at catalyzing economic growth and supporting entrepreneurship, Ecobank and the African…
Nigerian Central Bank postpones interest-rate decision again
Nigeria’s central bank postponed a meeting of its monetary policy committee for a second time since Governor…
LACK OF TRUST IN BANKS THREATENS STABILITY IN FINANCIAL…
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, says the banking industry thrives on trust, and the…