The Minister for Finance, Dr. Cassiel Ato Forson, has cautioned businesses and the general public against trading or pricing goods and services in foreign currencies, particularly the US dollar, stressing that the Ghana cedi remains the country’s only legal tender. Speaking at the official launch of the Cedi@60 celebration in …
Read More »Bank of Ghana Launches Year-Long Celebration to Mark 60 Years of the Cedi
The Bank of Ghana (BoG) will today, Tuesday, October 28, officially launch a year-long celebration to mark 60 years of the cedi, Ghana’s enduring symbol of economic sovereignty and national identity. The official launch of the Cedi@60 commemoration will take place at the Accra International Conference Centre under the theme: …
Read More »Bank of Ghana Postpones Cedi@60 Launch Amid National Mourning
Accra, August 7, 2025 The Bank of Ghana (BoG) has announced the postponement of the national launch of the Cedi@60 commemorative programme, which was originally scheduled for Friday, August 8. The decision comes in the wake of the tragic military helicopter crash that claimed the lives of eight individuals, including …
Read More »Bank Of Ghana Suspends Two Banks From Forex Trading For 30 days
The Bank of Ghana has taken strict action against Fidelity Bank and First National Bank Ghana Limited, imposing a combined penalty of 1000 penalty points each. The penalties have been levied due to the banks’ breach of sections 3.4, 3.5, and 3.9 of the Ghana Interbank Forex Market Conduct rules. …
Read More »Bank Of Ghana Warns Public Against 97 Unlicensed Loan Entities Operating Via Mobile Apps.
The Bank of Ghana has warned the public against dealing with some 97 unlicensed entities that advance loans to prospective clients through mobile apps. The central bank said in a statement that further to its notice number BG/GOV/SEC/2022/10 on Unlicensed Entities Engaged in Lending, it has observed the “persistent operation …
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