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eCedi won’t compete with mobile money – BoG source

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Contrary to assertions that Ghana's yet to be launched digital currency, eCedi will bring competition to mobile money, a reliable source at the Bank...

Digital wallet transactions equals 82% of Ghana’s 2020 GDP – Report

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A new study by US-based research firm, Boston Consulting Group (BCG) indicates the value of mobile wallet and other digital finance transactions accounted for...

MoMo transaction value grow over 155% in 12 months

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The value of mobile money transactions more than doubled in the last twelve months, according to the Bank of Ghana. The total amount increased by...

appsNmobile Solutions secures US$1m investment from Oasis Capital

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appsNmobile Solutions, a major fintech industry player, has secured a US$1million investment from Oasis Capital, expected to capitalize the company and position it as...

BoG, EMTECH pilot sandbox to promote FinTechs, innovation

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The Bank of Ghana has launched a regulatory and innovation sandbox pilot in collaboration with EMTECH Service LLC to enable the smooth, safe, secure,...

BoG sets October 1 for trading of Repos between banks

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The Bank of Ghana (BoG) has set October 1, 2020 as the date when the trading of repurchasing agreements (Repos) between banks based on...

Bank of Ghana adjudged Central Bank of the Year

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At the end of March 2017, Ghana’s newly elected president, Nana Akufo-Addo, nominated Ernest Addison as governor of the Bank of Ghana, after which...

COVID-19 trigger significant growth on mobile money platform

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General Manager for MTN Mobile Money Limited, Eli Hini has said that COVID-19 has driven significant growth in mobile money wallets, volume and value...

DUMB BANKS

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It is about time we go on a campaign and get Bank of Ghana to STOP banks from this nonsense of service charges even...

How to boost your Mobile Money transaction threshold

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Simply registering your SIM card for mobile money transaction does not guarantee you the ability to transact any amount you want with your mobile...
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