Naira street price steadies as Central Bank makes itself… Rhema Dec 7, 2023 Nigeria’s currency has stabilized on the country’s unofficial foreign-exchange market following central bank…
Central Bank raises GHS 190m from issuance of 56-day bill Rhema Dec 4, 2023 The Bank of Ghana recently raised GHS 190 million through the issuance of its bill which has a maturity period of…
Central Bank digital currency development enters the next… Rhema Nov 21, 2023 Central bank digital currencies can improve payment systems as well as financial inclusion—if they are…
Nigerian Central Bank postpones interest-rate decision again Rhema Nov 20, 2023 Nigeria’s central bank postponed a meeting of its monetary policy committee for a second time since Governor…
BoG Crisis: Governor Addison defends Central Bank’s… SpyDa Aug 21, 2023 Amidst mounting calls for the resignation of Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), alongside…
Nigeria agrees to convert $49bn loans from Central Bank to… Rhema May 4, 2023 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 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 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 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 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 Ghana’s central bank announced an increase of 250 basis points in its benchmark policy rate to 27 percent Monday to…