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Mobile money transactions hit GH¢649.2bn in only 2 months of 2025

In the first two months of 2025, the total value of mobile money transactions rose to GH¢649.2 billion. This was an increase of 64.68% from the previous year. The expected total value of mobile money transactions in the first two months of 2024 was GH¢394.2 billion. The...

Legally sanctioned search on Ex-BoG Governor is not a raid – Attorney General

Attorney General Dr Dominic Ayine has refuted reports that a raid was undertaken on the property of former Bank of Ghana Governor, Dr Ernest Addison. Speaking to the media on Monday, March 24, Dr. Ayine explained that the operation was a legitimate search rather than...

Dr. Addison installed devices in his home to spy on BoG operations – Festus Aboagye alleges

The former governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has been the target of a shocking accusation from retired Colonel Festus Aboagye after National Security agents recently searched his home. Alexander Afenyo-Markin, the minority leader, denounced the controversial operation and said that...

Interior Minister to face Parliament over raid on former Bank of Ghana Governor’s home

The Interior Minister, Muntaka Mubarak, is scheduled to appear in Parliament to discuss the purported search warrant that was carried out at the home of Dr. Ernest Addison, a former Bank of Ghana governor. Due process and the operation's motivations have come under scrutiny after...

Don’t rush to restore licences of collapsed banks – Peter Quartey warns

The Institute of Statistical, Social, and Economic Research (ISSER) Director, Professor Peter Quartey, has asked the government and the Bank of Ghana (BoG) leadership to exercise caution when reevaluating the reestablishment of licenses for local banks impacted by the banking sector cleanup. He cautions that...