Nigeria agrees to convert $49bn loans from Central Bank to… Rhema May 4, 2023 0 Nigerian lawmakers approved President Muhammadu Buhari’s request to convert 22.7 trillion naira ($49 billion) loans…
Finance Minister commits to zero financing of budget by… Rhema Apr 25, 2023 0 Ghana’s Finance Minister, Ken Ofori-Atta, has pledged the government’s full commitment to a strict zero financing…
Central Bank prime rate hiked by 100 basis points Rhema Jan 30, 2023 0 The Central Bank has once again increased its monetary policy rate by 100 basis points (1%). On the back of the…
BoG mobilizes GHS 1.8bn from 14-day bill Rhema Nov 30, 2022 0 The Central Bank has mobilized a total of GHS 1.8bn from the issuance of its own bills – Bank of Ghana (BoG) bills.…
BoG meets $60m target in 30-day tenor forex forward auction… Rhema Nov 30, 2022 0 The Central Bank achieved its forex forward auction target of $60m in the sale of the US dollar to Bulk Oil…
Ghana increases benchmark interest rate to relieve… Rhema Nov 29, 2022 0 Ghana’s central bank announced an increase of 250 basis points in its benchmark policy rate to 27 percent Monday to…
Dollar demand outstrips supply by $79.75m in forex auction;… Rhema Oct 20, 2022 0 Demand for the greenback by banks, Importers and exporters and other businesses, surpassed that supplied by…
BoG mobilizes GHS 350m from 14-day bill Rhema Oct 20, 2022 0 The Central Bank has mobilized a total of GHS 350 million from the issuance of its own bills – Bank of Ghana (BoG)…
BoG hikes policy rate by another 250bps; now 24.5% Rhema Oct 6, 2022 0 The Central Bank has once again increased its monetary policy rate by 250 basis points (2.5%). On the back of…
BoG makes room for blockchain-based digital services in… Rhema Aug 22, 2022 0 The Central Bank, following its official launch of the SandBox programme, will be accepting applications to…
Be firm or resign immediately – Minority to BoG Governor Rhema Aug 19, 2022 0 The Minority in Parliament is demanding that the Governor of the Central Bank asserts his independence and…