Pastor Mensa Otabil was the Board Chair of the defunct Capital Bank   The Finance Minister Ken Ofori-Atta has said he supports any move by the Central bank to go after the directors of defunct UT and Capital Banks. He said the...
Bank of Ghana takes over Unibank The Bank of Ghana has taken over Unibank. The Central Bank in the statement announcing the take over has revealed that Unibank attempted to take over the agriculture development development Bank to shore itself up,...
Dr Kwabena Duffour II, Chief Executive Officer of uniBank Dr Kwabena Duffour II, Chief Executive Officer of Unibank heads a list of nine high-profile directors of the bank who have lost their jobs following the take-over by the Bank of...
Government is returning to the financial market to raise GH¢2billion to clear debts owed by collapsed UT and Capital banks, the Minority in Parliament has alleged. The opposition lawmakers have served notice they will resist that decision unless the reasons...
The Ghana Stock Exchange (GSE), has lifted a suspension it placed on the trading of shares of the Agriculture Development Bank (adb). In press statement issued by the GSE today March 8, 2018, and copied to Citi Business News,...
UniBank has said it is not taking over the Agricultural Development Bank (ADB) as has been suggested by media reports. The bank in a statement Wednesday evening noted: ” In November 2017, we reached an agreement with the Belstar led...
Dr.Kwabena Duffuor II (Chief Executive Officer of Unibank)   In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control majority shares in agric-focused bank, Agricultural Development Bank...
The value of Bitcoin has fallen to below $6,000 - its lowest price since November 2017.   The price fell to $5,947.40 (£4,256.44) on Tuesday, according to a price index run by news website Coindesk. Bitcoin reached its peak in November, when...
  The Overall Winners of the Best Distributor Prize at the just ended 2017 GHACEM Customer’s Appreciation Awards Erduk Group of Companies, has donated selected items worth GHC 80,000 to some 25 institutions such as SOS Village, Kumasi Prisons and...
The Bank of Ghana has announced that trading and using the popular cryptocurrency known as Bitcoin in the country is not yet legal because it is not recognized as a legitimate form of currency in the country. The Governor of Ghana's...

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