Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Dr Ibn Chambas, a member of the AU High-Level Panel, has urged the Electoral Commission (EC) to utilise the upcoming by-election, triggered by the passing of Ejisu MP, John Kumah, as an ideal opportunity to practice professional electoral conduct in preparation for the 2024 elections. He pointed out that Ghana has a history of unrest […] The post Exhibit professionalism
Asanteman, led by the Asantehene Otumfuo Osei Tutu II, has received the royal golden artifacts which were looted during the Sagrenti War of 1874 at a grand ‘kuntukuni’ durbar at Manhyia, Kumasi. The seven items, about 400,000 ounces of gold worth £2billion, were presented to Otumfuo Osei Tutu II by a five-member delegation from the […] The post Asanteman receives
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
A fan had to be restrained by coaches and staff after running onto the pitch to confront the referee during the League One fixture between Port Vale and Portsmouth Read More... The post Fan Enters Pitch, Chases Referee appeared first on DailyGuide
Google has agreed to settle a US lawsuit claiming it invaded the privacy of users by tracking them even when they were browsing in “private mode”. The class action sought at least $5bn (£3.9bn) from the world’s go-to search engine and parent company Alphabet. Large technology firms have faced increased scrutiny of their practices in […] The post Google
Embarking on a master's degree program can be an absorbing endeavor, packed with challenging coursework and demanding schedules. Yet, it's essential to strike a delicate balance between the academic demands and the much-needed leisure that rejuvenates the mind and spirit. Cultivating a well-rounded lifestyle during your graduate studies is not only possible; it's imperative for maintaining your well-being. In this article, we will explore actionable strategies that can help
The African Union High Representative for Silencing the Gun, Dr. Mohamed Ibn Chambas, has admonished states in the sub-region to invest heavily in robust approaches to effectively deal with violent extremism and terrorism in West Africa and the Sahel regions. According to him, many of the measures or models employed by countries to ensure peace […] The post Ibn Chambas
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
The LaLiga fixture between Granada and Athletic Bilbao was suspended on Sunday after the death of a fan inside the stadium. The game had kicked off as planned but Read More... The post Game Suspended Over Fan Death appeared first on DailyGuide
The FNB team with the awards First National Bank Ghana has picked up the “leading mortgage company of the year” award at the 15th Ghana Property Awards organized by Read More... The post FNB Wins Ghana Property Awards appeared first on DailyGuide
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