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Business
Next of Kin does not automatically inherit bank accounts – BoG
The Bank of Ghana (BoG) has issued a notice advising the public to be cautious when choosing their next of kin, emphasising the importance of selecting someone who is not only of legal age but also capable of…
Cedi hits Ghc16 against US dollar on retail market
The Ghanaian cedi has crossed the GH¢16 mark against the US dollar in the retail currency market, reflecting the currency’s ongoing struggles. A survey by Citi Business News at various forex bureaux and banks in…
Derek Boateng says God saved him from investing in Menzgold
Former Ghana international Derek Boateng has said he did not invest his money in the defunct Menzgold because he felt their profit margin was too good to be true. Boateng revealed that many footballers…
8 misconceptions about Cryptocurrency most people believe
Cryptocurrency has revolutionised the financial landscape, but it remains surrounded by misconceptions and myths. These misunderstandings can deter potential users and investors or lead to misguided…
Lending rates drop slightly to 31.10% in June 2024
The average lending rate of banks has slightly decreased to 31.10% in June 2024, down from 31.15% recorded during the same period last year. According to data from the Bank of Ghana, this decline in borrowing…
MTN completes 80% of network upgrade
MTN Ghana has revealed that it has achieved 80% of its scheduled network upgrade throughout the country. The upgrade, which began in June 2024, is projected to conclude in August 2024. In a statement released…
Cabinet has approved the re&introduction of road tolls – Oppong Nkrumah
The Minister for Works and Housing, Kojo Oppong Nkrumah, has disclosed that the re-introduction of road tolls is underway. He stated that the Minister for Roads and Highways, Francis Asenso-Boakye, has…
Odawna market to be commissioned by July 31 – Mensah Korsah
The Ministry for Local Government, Decentralization and Rural Development has revealed that the ongoing construction of the Odawna Market in the Korley Klottey municipality is set to be completed and…
We’ve been left out of 2nd Phase of PFJ – Peasant Farmers
The National Peasant Farmers Association says 80 percent of its members have been left out of the second Phase of the Planting for Food and Jobs (FPJ). According to the Association, farm input and other…
Two arrested for illegally accessing DVLA portal and defrauding drivers
Two individuals have been brought before the Dansoman Circuit Court for illegally accessing electronic records from the Drivers, Vehicle and Licensing Authority (DVLA) online portal. Delali Yevu, a…