17 h. ago We’re working with BoG to resolve issues relating to FX trading suspension, deposits are safe – UBA Ghana assures customers

United Bank for Africa (UBA) Ghana has assured customers that all deposits, transactions, and funds remain safe despite the suspension of its foreign exchange trading license by the Bank of Ghana (BoG).

Economics

17 h. ago We’re working with BoG to resolve FX trading suspension; deposits are – UBA Ghana assures customers

United Bank for Africa (UBA) Ghana has assured customers that all deposits, transactions, and funds remain safe despite the suspension of its foreign exchange trading license by the Bank of Ghana (BoG).

Economics

18 h. ago Ghana’s Financial NGOs Push Bank of Ghana for Tiered Microfinance Oversight

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-financial-ngos-push-bank-of-ghana-for-tiered-microfinance-oversight/Financial NGOs have intensified calls for the Bank of Ghana to implement differentiated regulatory frameworks that align supervision intensity with institutional capacity, while maintaining current GHS 300,000 minimum capital requirements. The Ghana Association of Financial NGOs presented its case during the organization’s 8th Annual General Meeting, arguing that uniform regulatory approaches impose disproportionate compliance burdens […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-financial-ngos-push-bank-of-ghana-for-tiered-microfinance-oversight/

Politics

20 h. ago Quantum Terminals Transfers GH₵1.7 Million for September Bond Interest Payments

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/quantum-terminals-transfers-gh%e2%82%b51-7-million-for-september-bond-interest-payments/Quantum Terminals PLC has transferred GHS 1,668,750 to its designated trust account to ensure timely interest payments to bondholders, demonstrating continued compliance with its corporate bond obligations as Ghana’s fixed income market maintains operational stability. The petroleum sector company moved the funds from its Debt Service Accrual Account at Stanbic Bank Ghana Limited to the […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/quantum-terminals-transfers-gh%e2%82%b51-7-million-for-september-bond-interest-payments/

Economics

39 h. ago GCB Bank PLC launches Hajj Account to empower Ghanaian pilgrims

GCB Bank PLC has launched a Hajj Account to help Muslims in Ghana save and plan towards performing the annual pilgrimage to Mecca.

Politics

39 h. ago GCB Bank PLC launches Hajj Account to assist Ghanaian pilgrims

GCB Bank PLC has launched a Hajj Account to help Muslims in Ghana save and plan towards performing the annual pilgrimage to Mecca.

Politics

59 h. ago Bank of Ghana Suspends Major Fintech Players for Forex Violations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/The Bank of Ghana has suspended the remittance licenses of nine financial institutions, including Nigerian fintech unicorn Flutterwave, for unauthorized foreign exchange activities that violated national remittance guidelines. The one-month suspensions, effective September 18, affect three payment service providers (PSPs), five money transfer operators (MTOs), and United Bank for Africa Ghana. The action follows what […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/

Politics

60 h. ago BoG suspends remittance partnership of three Payment Service Providers

The Bank of Ghana in the notice stated that, the action was due to breaches of its updated guidelines for inward remittance services by Payment Service Providers.

Economics

60 h. ago BoG suspends remittance partnership of 3 Payment Service Providers

The Bank of Ghana (BoG) has announced the suspension of the remittance partnership of three Payment Service Providers for one month, effective September 18.

Economics

60 h. ago BoG suspends remittance partnerships of five money transfer operators including ‘Taptap Send’ 

The Bank of Ghana has announced the suspension of the remittance partnerships of five money transfer operators effective September 18, 2025, for a month.

Economics

67 h. ago National service person allegedly steals GH¢303k from customer’s account

A 25-year-old National Service Person, Jesper Kobina Mensah, has been hauled before the Circuit Court in Accra for allegedly stealing GH¢303,950 through unauthorised electronic transfers from a Stanbic Bank Ghana Ltd. customer.

Economics

3 d. ago Amantin Community Bank Profit Surges 222 Percent, Proposes Dividend

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/Amantin and Kasei Community Bank has proposed paying GH¢1.49 million in dividends to shareholders after posting a 222 percent profit increase that lifted earnings to GH¢5.99 million in 2024. The Bono East Region-based bank announced the dividend proposal during its 20th annual general meeting, with payouts of GH¢0.37 per share pending Bank of Ghana approval, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/

Politics

3 d. ago Zenith Bank Tackles SME Fuel Fraud Through Digital Payment Cards

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/Zenith Bank has launched digital fleet management solutions targeting Ghana’s small and medium enterprises, addressing persistent fraud and inefficiencies that plague cash-based fuel purchasing systems across the country’s business sector. The bank’s new Visa Commercial Fleet Solutions aims to digitize fuel and vehicle management for SMEs, many of which continue relying on manual cash systems […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/

Politics

3 d. ago Your savings as your launchpad for a better financial future

Building financial resilience requires good financial planning, which will in turn help you meet your financial goals. However, this also comes with the responsibility of being disciplined and being prepared to unlearn and relearn what you know about finances and money management.  The Head of Retail Banking at First National Bank Ghana, Akweley Laryea explains […]

Economics

4 d. ago West African Economies Face Mixed Fortunes Amid Recovery Struggles

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/Afreximbank highlights uneven growth as Ghana, Nigeria, Senegal confront sector challenges West African economies are experiencing divergent pressures despite some sectoral improvements, according to the African Export-Import Bank, which warned of widening economic strains across member states. Ghana confronts mounting unrest as over 300,000 cocoa farmers protest government pricing policies. Authorities announced only a 4% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/

Politics

4 d. ago The watchdogs have gone unwatched: It’s time for a Financial Control Authority (FCA)

Ghana’s financial system is supervised by four independent regulators: the Bank of Ghana (BoG), the Securities and Exchange Commission (SEC), the National Insurance Commission (NIC), and the National Pensions Regulatory Authority (NPRA). Each is mandated to safeguard its sector, banking, capital markets, insurance, and pensions, respectively. Despite this regulatory framework, Ghana has experienced significant financial instability in recent years. Between 2017 and 2019, over 420 financial institutions collapsed, costing the state more than GH¢21 billion in bailouts.

Politics

4 d. ago Ghana to Showcase Financial Inclusion Progress at Global Banking Summit

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-to-showcase-financial-inclusion-progress-at-global-banking-summit/Ghana’s central bank will highlight the country’s rapid expansion of financial services access at this week’s Alliance for Financial Inclusion Global Policy Forum, following new data showing significant gains in account ownership. Second Deputy Governor Mrs. Matilda Asante-Asiedu will lead a Bank of Ghana delegation to the summit, which brings together central bankers, regulators, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-to-showcase-financial-inclusion-progress-at-global-banking-summit/

Politics

4 d. ago Africa’s US$100 Billion Trade Finance Gap Strangles Commercial Growth

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/A chronic shortage of trade finance is constraining Africa’s commercial expansion, with banks rejecting $100 billion in legitimate trade requests annually and forcing businesses to abandon profitable deals across the continent. The finance gap affects 40% of trade transactions in Africa compared to just 7% globally, according to the African Development Bank. Small and medium […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/

Economics

4 d. ago GCB Bank Eyes Direct TikTok Creator Payments in Ghana Partnership Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gcb-bank-eyes-direct-tiktok-creator-payments-in-ghana-partnership-push/Ghana Commercial Bank is positioning itself as a payment gateway for the country’s growing army of TikTok content creators, potentially eliminating costly middlemen that currently eat into their earnings. Bank officials met Communications Minister Samuel Nartey George on Monday to pitch a comprehensive payment framework that would allow creators to receive TikTok earnings directly through […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gcb-bank-eyes-direct-tiktok-creator-payments-in-ghana-partnership-push/

Politics

4 d. ago Ghana Launches Energy Efficiency Program for Small Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-energy-efficiency-program-for-small-businesses/The Association of Ghana Industries has partnered with the World Bank to launch a pilot program aimed at helping small and medium enterprises reduce energy consumption and operating costs. The Energy Smart Businesses initiative will support 35 SMEs across three key sectors over six months. Participating companies in agribusiness, garments and textiles, and hospitality will […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-energy-efficiency-program-for-small-businesses/

Politics