The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
John Boadu (4th left) exchanging a gift with Daniel Addo (4th right) as other officials look on Consolidated Bank Ghana (CBG) Ltd has been commended by the State Interests Read More... The post Ag. SIGA DG Commends CBG appeared first on DailyGuide
The House of Representatives has resolved to conduct an investigative hearing on the non-compliance by banks and financial institutions with Central Bank of Nigeria, CBN, directives on the Net Open Position Limits. The resolution of the House followed the adoption of a motion of urgent national importance on the need for banks to implement CBN’s […] The post Reps
Naira slipped to an all-time low against the United States dollar across forex markets on Tuesday as the Central Bank of Nigeria (CBN) moved to clear dollar backlogs owed to foreign airlines operating in the country. According to data published by FMDQ, naira closed Tuesday at N1,482.57 per $1 at the official market. The rate represents 10 […] The post Naira hits all-time low at forex markets appeared
The Consolidated Bank Ghana (CBG) has been recognised by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award, presented by the CEO of GIRSAL, Kwesi Korboe to the Managing Director of the bank, was to affirm that […] The post
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post
Daniel Wilson Addo The Ministry of Finance has released GH¢2.5 billion in capital to the Consolidated Bank Ghana (CBG) to build its balance sheet resilience. The capital boost forms Read More... The post CBG Receives GH¢2.5bn Capital Boost appeared first on
Few days into the Christmas and New Year celebrations, Nigerians are again faced with the scarcity of Naira notes. The development is coming despite the assurance of the Central Bank of Nigeria, CBN, on the availability of the currency notes. Like the cash crunch of December last year and the first quarter of 2023 due […] The post Nigerians groan as Naira scarcity persists nationwide appeared
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