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SOCIETY

IGP Dampare Meets Face To Face With Governor Of BoG To Fight Robberies On Banks

The Inspector-General of Police, Dr. George Akuffo Dampare has met with the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison to strategize in fighting the recurring robbery attacks on banks and other financial institutions in the country. This meeting was convened at the Police headquarters, and it witnessed the participation of high-level officials from both the Ghana Police Service and the Bank of Ghana.

  1 month ago ago
IGP Dampare Meets Face To Face With Governor Of BoG To Fight Robberies On Banks

ECONOMY-FINANCE

Ghanaians Shout No More Coins As BoG Directs No More GHS1 and GHS2 Notes: Check Reactions

Money is said to be the legal tender for the transaction of business in every country. The currency of Ghana, just as any other currency of any country is printed in the form of notes or coins. The currencies that are considered to be of a higher value are printed in notes, while those of a lesser value are printed in coins.

  1 month ago ago
Ghanaians Shout No More Coins As BoG Directs No More GHS1 and GHS2 Notes: Check Reactions

ECONOMY-FINANCE

Trending– GH¢1 and GH¢2 Notes To Be Replaced In The Economy– BoG Hints

The Bank of Ghana (BoG) has issued another statement hinting the public on measures it is currently cooking to phase out the one Ghana cedi and two Ghana cedis notes from the economy sooner than later. This decision is completely dependent on some uneconomic indicators that ensue the reprinting of these two currencies.

  2 months ago ago
Trending– GH¢1 and GH¢2 Notes To Be Replaced In The Economy– BoG Hints

ECONOMY-FINANCE

“Worldremit” VRS “WorldRemit” BoG Draws The Line Between Them

The Bank of Ghana has drawn the line between “Worldremit” and “WorldRemit” as financial companies. Although the former is very popular on social media, the latter is recognized globally as a financial institution that is into the transfer of funds between two counties. Let us learn the difference between the two better.

  1 month ago ago
“Worldremit” VRS “WorldRemit” BoG Draws The Line Between Them

ECONOMY-FINANCE

How Are We Going To Give Offerings In Church? Ghanaians Object To The Phasing Out Of 1 And 2 Cedis

The Bank of Ghana (BoG) has made its intention of phasing out of the system 1 and 2 Ghana Cedis notes. The reason why they intend to do so is that there are no value for money in printing the one Cedis and two Cedis notes. This could mean that the amount of money spent in printing the 1 and 2 Cedis notes exceeds the actual value of the money.

  2 months ago ago
How Are We Going To Give Offerings In Church? Ghanaians Object To The Phasing Out Of 1 And 2 Cedis

ECONOMY-FINANCE

One Cedi And Two Cedis Notes To Phase Out Soon Says BoG

The Bank of Ghana (BoG) says it's preparing to end the 1 Ghana cedi and 2 Ghana cedis notes in circulation. The Bank of Ghana has announced the 2 denominations are going to be substitute by their respective coin. Addressing a press conference after the meeting of the Monetary Policy Committee on Monday 27 September, 2021 the Governor of the Bank of Ghana, Ernest Addison, he confirmed that: “Both the 1 Ghana cedi note and therefore the 2 Ghana cedis note would gradually be taken out of the system since they are not cost-effective in terms of the printing cost.

  2 months ago ago
One Cedi And Two Cedis Notes To Phase Out Soon Says BoG

ECONOMY-FINANCE

Bank Of Ghana Releases Important Notice For Everyone

The Bank of Ghana has issued an important note to the general public. The statement was released on 13th October 2021 and signed by the Secretary, Sandra Thompson. The note seeks to warn all people of the fraudulent schemes employed by "World remit". In a statement Bank of Ghana (BOG) said that it has identified a money doubling scheme operating in Ghana under the pseudo name "Worldremit".

  1 month ago ago
Bank Of Ghana Releases Important Notice For Everyone

ECONOMY-FINANCE

" Very Soon We Will Buy Sachet Water For 2 Cedis" Mixed Reactions As 1 And 2 Cedi Notes Will Be Out

Following an announcement by the Bank of Ghana (BOG), to phase out the 1 Cedis and 2 Cedi notes from the system, there has been mixed reactions reac reactions from the public. According to the Governor of the Bank of Ghana, Dr. Ernest Addison , the Central Bank plans to phase out the two notes from the system in the coming Months.

  2 months ago ago

ECONOMY-FINANCE

Gh¢1.00, Gh¢2.00 Note To Be Phased Out - Bank Of Ghana Reveals

Bank Of Ghana (BoG) through the governor Dr. Ernest Addison has stated the Gh¢1.00 and Gh¢2.00 notes will soon not be in circulation in the country's economy. According to Dr. Addison on Monday 27 September 2021, the two notes which are usually not in good shape will be replaced by their respective coins.

  2 months ago ago
Gh¢1.00, Gh¢2.00 Note To Be Phased Out - Bank Of Ghana Reveals

ECONOMY-FINANCE

How Worldremit Scammers Hack and Dube its Subscribers

The Bank of Ghana (BoG) has confirmed the fraudulent operations of Africa's most fraudulent money doubling scheme operation, largely in Nigeria and in Ghana. The Bank in a publication, seek to warn Ghanaians from participating and become victims of the fraudulent money-doubling scheme operating in Ghana under the pseudo name “Worldremit”.

  1 month ago ago
How Worldremit Scammers Hack and Dube its Subscribers

ECONOMY-FINANCE

Don't argue with the Bank of Ghana, that's final decision, the 1 and 2 Ghana cedis won't exist.

The Bank of Ghana (BOG) has revealed that the GHC1 and GHC2 notes will be cleared off the system soon. The BOG also the Ghanaian economy grew by just 0.4% last year - its slowest rate since 1983. But it has gained ground in 2021, expanding 3.1% in the first quarter and 3.9% in the second.

  2 months ago ago
Don't argue with the Bank of Ghana, that's final decision, the 1 and 2 Ghana cedis won't exist.

ECONOMY-FINANCE

"Very soon we will have gh¢1000" - Reactions as Bank of Ghana is set to withdraw gh¢1 and gh¢2 notes

The current trend of the central bank's management of the national currency may have a cause for worry. Since the introduction of the new Ghana Cedi back in 2017, the smaller denominations have forced themselves out of circulation one after the other and the Bank of Ghana has had to withdraw it from the public.

  2 months ago ago

ECONOMY-FINANCE

World Remit: Don't Participate In Illegal And Fruadulent Activity - Bank Of Ghana

This information is directly from the Financial Stability Department, Bank of Ghana (BoG) on Thursday 14th October 2021 informing the public to be very careful about "WORLD REMIT" MONEY DOUBLING SCHEME is an illegal and fruadulent activity. The Bank cautious the public especially the youths not to participate in this illegal and fruadulent activity to avoid loss of funds.

  1 month ago ago
World Remit: Don't Participate In Illegal And Fruadulent Activity - Bank Of Ghana

ECONOMY-FINANCE

SCAM: "Worldremit" Is A Scam - Bank Of Ghana Declears

After several suffering from many money doubling company including US tilapia, another one has emerged and it taking over the country. This has brought the attention of the central bank of the country to investigate the money doubling scheme. This is because the ones that were in the country earlier only took the hard-earned monies of the vulnerable Ghanaians and nothing else has been done about it.

  1 month ago ago
SCAM:

EDUCATION

BoG enlists Students Loan on Credit Systems

The Students Loan Trust Fund (SLTF) has been enlisted on the Credit Reporting System by the Central Bank, the Bank of Ghana. This was made known by the Chief Executive Officer of the SLTF, Nana Kwaku Agyei Yeboah at a presser today in Accra after the said plans have been laid down and rolled out by authorities.

  2 months ago ago
BoG enlists Students Loan on Credit Systems

HEALTH

Bank of Ghana hospital now open to public

The Bank Hospital has now been opened to people in general, with a vow to offer quality support for customers, in accordance with best practices. Built the Bank of Ghana (BoG) at an expense of €80 million, the 65-bed office, which is situated at Cantonments in Accra, accompanies a best in class emergency unit, wards and selective leader suites, a pediatric ward, maternity and nursery and neonatal concentrated consideration units.

  4 months ago ago
Bank of Ghana hospital now open to public

ECONOMY-FINANCE

BoG to phase out Gh1 and Gh2 notes soon

The Bank of Ghana said to phase out the Ghana 1 cedi note and the 2 cedi note very soon. On releasing the statement on social media, most social media users are reacting on this issue. Since in the 90s, the old currency was the currency used in exitennce till July 2007, the BoG changes the old currency to the New currency where Gh10,000 was now Gh1, Gh20,000 for Gh2, Gh30,000 for Gh3 and what have you?.

  2 months ago ago
BoG to phase out Gh1 and Gh2 notes soon

ECONOMY-FINANCE

GHC1 And GHC2 Notes Appears Weak And Torn And Has To Be Replaced: BOG

The GHC1 and GHC2 will be going a gradual process of fading out of the system the gradual reduction of a tax credit that a tax payers are eligible for as their income approaches the upper limit to quality for that credit. The One cedi and two cedis note were produced for a purpose and at last they have served it purpose rightfully and there is no need to keep spending such monies in the system.

  1 month ago ago
GHC1 And GHC2 Notes Appears Weak And Torn And Has To Be Replaced: BOG

ECONOMY-FINANCE

Digital Cedi to be piloted this year - BoG Governor

The Deputy Governor of the Central Bank, Dr. Maxwell Opoku Adare has stated that the Bank of Ghana will bring a soft cash of the national currency by September this year. He made this confirmation when he met the media last week to elaborate certain plans the Bank has to help deepen the financial inclusion of all irrespective of ones location, this would help one to trade and use the local currency anywhere, anytime.

  4 months ago ago
Digital Cedi to be piloted this year - BoG Governor

HEALTH

The Bank Hospital has now been opened to general society, with a vow to offer quality assistance.

The Bank Hospital has now been opened to general society, with a vow to offer quality assistance for customers, in accordance with best practices. Built by the Bank of Ghana (BoG) at an expense of €80 million, the 65-bed office, which is situated at Cantonments in Accra, accompanies a best in the class emergency unit, wards and selective leader suites, a pediatric ward, maternity and nursery and neonatal escalated care units.

  4 months ago ago
The Bank Hospital has now been opened to general society, with a vow to offer quality assistance.