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Ethiopia submits Africa free trade pact to AU

The Ethiopian government on Thursday deposited the instrument of the African Continental Free Trade Agreement (AfCFTA) ratification to the African Union (AU) Commission. The AfCFTA,...
Bank of Ghana

BoG’s APR And AI Paid On Deposits As At 30th November, 2017

The Bank of Ghana (BoG) has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and...

Betway Ghana engages customers in four cities

Betway Ghana has wrapped up its first ever customer interaction series in Accra this weekend where they engaged about 1,200 customers in four cities...

Menzgold Debunks Deposit Taking Accusation

Menzgold Company Limited, an investment company has denied the company takes deposits from its customers. The Corporate Manager of the company Nana Yaw Offei explained...
mobile money

MTN Ghana To Continue Payment of Interest On Mobile Money Deposits

Ghana's Leading Telecommunications Giant , MTN Ghana has relinquished power to its cherished mobile money customers to unsubscribe interest on their deposits. The decision...

Deposits On Mobile Money Hits GH¢697.2 m

Mobile money deposits hit GH¢697.2 million as of the end of June, this year, showing increasing public acceptance of mobile money service. Clarence Blay of...
Dr Samuel Asamani,

Citizen Rural Bank gathers more deposits

Dr Samuel Asamani, the Board Chairman of the Citizens Rural Bank, says the financial entity has made impressive stride despite the macro-economic challenges that...

BoG to Endorse Interest On Mobile Money Deposits

The Bank of Ghana will at the end of 2016 give approval for the payment of interest on mobile money deposits in the...

MP says bauxite deposits will be exploited to the fullest

Nyinahin, the constituency headquarters, is estimated to have bauxite deposits that could bring in about US$17.5 billion and give close to 98,000 jobs. ...

Angry Depositors Besieged ‘Dwadifo Adanfo’ Office For Their Savings

The visibly angered depositors said, the company has not been able to pay back thousands of Cedis received from them in savings just the...
Shares Valued

Employ innovative means of increasing share capital

This, he said, was important not only to aid them to undertake “big-ticket transactions” but serve as capital cushion to absorb unexpected losses that...

Sekyere Rural Bank Makes Huge Returns

This he said represented a 21.91 per cent increase over the year 2013 total of GHȼ35,727,258.62. Addressing the 26th annual general meeting of the shareholders...

Trel Mack releases video for “Walking with God”

After hitting net heavy with "Deposits", Trel Mack keeps the music coming with new record "Walking with God". Trel Mack "Walking with God"

Saccos mobilised Sh460 billion in member deposits

Industrialisation and Enterprise Development Principal Secretary Wilson Songa said by the end of last year, Saccos had mobilised Sh460 billion in member deposits. ?This amount...
Paa Kwesi Amissah-Arthur

Ghana discovers more gas deposits

Ghana has discovered another source of natural gas deposits that can be exploited to support power generation. ?We have found substantial gas offshore Ghana,? Vice...

High interest rate linked to deposit dip

Some analyst have attributed the high interest rate in the country to the stiff competition for deposit from the public by numerous financial institutions...

Emefiele orders stoppage of all charges on deposits

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Thursday directed that all charges on deposits should be stopped with immediate effect.Emefiele...

BoA offers highest interest on deposits

Bank of Africa has emerged as the institution offering highest interest on deposits by businesses and individuals. According to the?latest Annual Percentage?Rates (APRs) released by...

Struggles by Bank over deposits

  The operations of some deposit-taking non-bank financial institutions (NBFIs), which promise colossal interest on deposits,are threatening universal banks that have to compete with them...

Review The Withholding Deposits Policy

The Volta Region Chapter of the Association of Rural Banks (ARB) has passionately appealed to its umbrella organization, the ARB APEX Bank to review...

FCT Pilgrims Board is to commence collection of Hajj fare deposit for 2013

The FCT Muslim Pilgrims Welfare Board is to commence the collection of Hajj fare deposit for 2013 from intending pilgrims from Monday, May...

Ghana records GH?3.8b bank deposits in 2012 ? BoG

Ghana?s banking industry recorded GH?3.8 billion bank deposits between July 2011 to July 2012, according to the central bank?s 52nd monetary policy report released...

Sokoto to explore crude oil deposits

Governor says the move will boost the state's economy Governor Aliyu Wamakko of Sokoto State has disclosed that the state government has concluded plans...

Deposits, recapitalization raise Ghana banking sector assets to GH¢22.4b

The assets of Ghana’s banking sector has recorded a 27% growth in the year to January 2012, the Bank of Ghana has said. According to...


NDIC pays N3.303bn insured deposits of liquidated banksOn April 2, 2012 · In NewsBY TONY EDIKEENUGU – THE Nigerian Deposit Insurance Corporation, NDIC, has...

Inadequate laws could delay exploitation of Kenya’s oil deposits

Tullow discovered hydrocarbon deposits in Uganda in 2006, but a tax dispute with Kampala over the production sharing agreements delayed actual production. While State...

Loss of Arctic sea ice may lead to mercury deposits: NASA study

Los Angeles – Significant declines in perennial Arctic sea ice over the past decade may be intensifying a chemical reaction that leads to deposits...