Credible information reaching African Eye Report indicate that the Governor of the Bank of Ghana, Dr Abdul Nashiru Issahaku, has resigned .
Category: Finance
Bank of Ghana Goes Tough on MFI Operators
The Governor of Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku has hinted that it intends to discourage Microfinance Institution (MFI) operators from setting up sophisticated branches using depositors’ funds in the country.
UBA Group Posts Impressive Results
United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries.
Fintech Firms Can Drive Financial Inclusion
FIBR, an initiative of the MasterCard Foundation, and partner Nomanin, South African-based Fintech company today opened the first annual African Fintech Unconference in Accra.
World Bank Announces Record $57 Billion for Africa
Following a meeting with G20 finance ministers and central bank governors, World Bank Group President Jim Yong Kim today announced a record $57 billion in financing for Sub-Saharan African countries over the next three fiscal years.
Leading African Investor Lauds President Akufo-Addo
Tony Elumelu, a leading billionaire African investor whose United Bank for Africa (UBA) operates in 19 African countries including Ghana has commended Ghana’s President Nana Addo Dankwa Akufo-Addo for abolishing and reviewing a number of taxes that impede the growth and development of businesses in the country.
Bank of Ghana Report: Interest Rates Drop Marginally Again
The Bank of Ghana (BoG) has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks.
UBA, Orange Partner on Innovative Payment System
Pan-African financial services group, United Bank for Africa Plc (UBA) and leading European and African telecom operator, Orange Group have announced a strategic partnership to deliver innovative financial services across Africa, with an agreement to jointly collaborate on the promotion of Orange Money.
Bank of Ghana Closes Down 2 Unlicensed Microfinance Institutions
The Bank of Ghana (BoG) has closed down the operations of Agro Development Fund Services Limited (ADFSL), and Hebron Financial Investment Limited (HFIL) until further notice.
Ideal Finance Supports Ghana @60 Anniversary
Ideal Finance Limited, a flagship brand of Groupe Ideal has donated a sum of GHC 100,000 in support of the Ghana at 60 anniversary celebration.