Bank Of Ghana Suspends FX Licences Of GTB, First Bank For One Month
Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and First Bank of Nigeria Ghana Limited. The suspension takes effect from March 18, 2024, for one month and was announced on Monday by the Ghanaian apex bank. The suspension comes in response to various breaches of foreign exchange market regulations which include incidents of fraudulent documentation within their foreign exchange […]
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