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- Cedi continues to depreciate slowly as a dollar trades at GH¢16.35 despite reduced demand
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Ofori-Atta says ECOWAS should focus on trade harmonisation rather than single currency
Former Minister of Finance Ken Ofori-Atta has urged the Economic Community of West African States to pursue trade harmonisation rather than a single currency.
"It's eroding the cedi": Finance minister urges Ghanaians to cease panic buying dollars
The Minister for Finance Dr Mohammed Amin Adam has cautioned Ghanaians against the panic-buying of dollars from the foreign exchange market as it weakens the cedi
Naomi: GH fried yam seller reveals she makes GH¢500 daily from her business
Naomi, a Ghanaian fried yam vendor who relocated from Akyem Oda in Ghana's Eastern Region to Accra for a better life, has disclosed she earns GH¢500 daily.
Bank of Ghana says one and five pesewa coins are legal tender and must not be rejected
The Head of Currency Management at the Central Bank, Dominic Owusu, argued that both coins can be used in transactions and must not be treated otherwise.
"Stone free": Mechanical engineer sets up rice mill, begins selling cheaper at GH¢510 per bag
A mechanical engineer has announced he is selling stone-free bags of rice at a cheaper price after setting up a rice mill in Nwezenyi, Ebonyi state.
Bank of Ghana suspends forex trading licenses of GTB and FBNBank over market regulation breaches
GT Bank and FBNBank have been suspended from trading forex after the BoG found them in breach of forex trading market rules. Their licenses have been suspended.
Forex trader predicts future dollar rate with his chart; he said the crash is temporary
A forex and crypto trader has shared his thoughts on the current crash of the dollar against naira. He predicted that the naira would still lose its value more.
Mobile money agents get increased commissions for transactions of GH¢2,000 and above from March
Mobile money agents will see increased commissions on large transactions from March 1, 2024. The maximum commissions have been raised to GH¢8 from GH¢4.
Bank of Ghana revises balance, transaction limits of mobile money wallets upwards starting March 1
Effective March 1, 2024, customers with a minimum account, which initially had a limit of GH¢2,000, have been upgraded to GH¢3,000 for daily transaction limits.
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