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BoG says Head of Security is not a watchman

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The Bank of Ghana has refuted claims that it dispatched an ordinary “watchman” to meet and receive the petition of the OccupyBOG demonstration organizers. The...

BoG is Financial Inclusion Institutional Leader of the Year

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Bank of Ghana has been adjudged the Financial Inclusion Institutional Leadership of the Year 2023 at the Alliance for Financial Inclusion (AFI) Awards. The...

Eganow secures enhanced payment service provider license

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Bank of Ghana has issued Ghanaian FinTech firm Eganow with an Enhanced Payment Service Provider license. The license allows Eganow to undertake the aggregation of...

IMF upholds position that DDE caused heavy loses at BoG

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The International Monetary Fund has come to the defense of the Bank of Ghana (BoG), explaining that the heavy loses recorded by the central...

BoG warns that a breach of remittance guidelines will attract severe...

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The Bank of Ghana has reminded players in the remittance business of the need to play by the rules or face severe consequences. In a...

SCAM ALERT: BoG warns public against “Worldremit” Money Doubling scam

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The Bank of Ghana (BoG) is warning the public against a "money doubling scheme operating in Ghana under the pseudo name “Worldremit”. A statement for...

BoG must guide MTN away from increasing MoMo cash out transaction...

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The Network of Communications Reporter (NCR) is calling on the financial sector industry regulator, Bank of Ghana (BoG) to, as a matter of urgency,...

BREAKING: MTN MoMo suspends planned increase in cash out transaction fees

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MTN MobileMoney Limited (MML) has suspended the planned increase in mobile money cash transaction fees. The company announced the suspension in a Facebook post today,...

BoG cautions public against 97 illegal loan Apps

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The Bank of Ghana (BoG) is cautioning the public against patronizing the services of some 97 illegal mobile apps mainly on Google Play Store...

Mobile Money float hits GHS13.2 billion in April 2023

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Actual mobile money transaction float in Ghana was GHS13.2 billion in April 2023 alone, which indicates a 37.5% increase year-on-year from GHS9.6 billion in...
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