Business
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Bank of Ghana orders banks to cut NPL ratios below 10% by end-2026
The Bank of Ghana (BoG) has directed regulated financial institutions to reduce their Non-Performing Loan (NPL) ratios to below 10% by December 2026,…
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Ghana Reference Rate increases to 10.61% in August as lending conditions remain stable
The Ghana Reference Rate (GRR) has increased marginally to 10.61% for August 2026, from 10.59% recorded in July, signalling continued stability in le…
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MTN Ghana’s H1 profit climbs 46.8% to GH¢5.1bn as margins widen
MTN Ghana converted strong growth in data and mobile money services into higher profits and improved shareholder returns in the first half of 2026, w…
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Reports of daily fuel price changes are inaccurate – Dr. Patrick Kwaku Ofori, CEO of CBOD
Dr. Patrick Kwaku Ofori, Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), has dismissed reports suggesting that Ghana is set t…
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Bank of Ghana cautions public against 20 unlicensed digital loan apps
The Bank of Ghana (BoG) has intensified its crackdown on illegal digital lending, warning the public against engaging with 20 unlicensed digital cred…
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CEO of Chamber of Bulk Oil Distributors, Patrick Kwaku Ofori says TOR, Sentuo can produce 50% of Ghana’s fuel needs
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Patrick Kwaku Ofori, has expressed optimism that Ghana could meet up to 5…
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Ghana’s Petroleum Funds close 1st half of 2026 with US$1.64bn
Ghana’s Petroleum Funds closed the first half of 2026 with a combined balance of US$1.64 billion, according to the Bank of Ghana’s report on the fund…
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GoldBod rejects Minority in Parliament’s loss claims, cites GH₵5.44bn audited surplus
The Ghana Gold Board (GoldBod) has rejected claims by the Minority in Parliament that the institution is making losses, insisting that its 2025 audit…
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Dr. Cassiel Ato Forson says no plans to recapitalise savings and loans companies
Finance Minister Dr. Cassiel Ato Forson has indicated that the government has no immediate plans to provide recapitalisation support to savings and l…
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Fiscal, monetary discipline behind Ghana’s economic stability – Advisor at the Bank of Ghana, Dr. John Kwabena Kwakye
An advisor at the Bank of Ghana, Dr. John Kwabena Kwakye, has attributed Ghana’s recent macroeconomic stability to the strong coordination between fi…