BOG put GH¢4.69bn into gold-for-oil, lost over GH¢2.1bn with no impact — Audits show

December 27, 2025

This morning, I’ve been going through the 2024 Audited Annual Report and Financial Statements of the Bank of Ghana and what it reveals about Ghana’s gold programmes is too important to ignore. According to the audited 2024 financials, the Bank of Ghana recorded a significant operating loss of GH¢9.49 billion (Approx $660 million) in 2024. […]