Monday, November 11, 2024
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Ghana’s govt concerned with ‘cash producer’ TV ads by traditional priests

Ghana's government is reportedly concerned with reports of local traditional priests advertising on TV as producers of cash or money. Across many TV platforms in...

How artificial intelligence helps banks, fintech startups, and users

Fintech startups and banks have always been at the forefront of tech adoption, and they’ve been curiously following the growth and development of AI...

Nigeria: Loan defaulters to lose deposits in other banks

Nigeria's Central Bank has announced that loan defaulters will now lose their deposits in other banks. The move is in an attempt to reduce the...

Sierra Leone launches Africa’s first blockchain online ID platform

Sierra Leone has become the first African country to launch a blockchain national digital identification platform. The country's President Julius Maada Bio officially launched the...

Why Nigeria is ordering banks to lend or face sanctions

Nigerian banks are being ordered to by the country's central bank to lend more or face higher cash reserve requirements. This is part of new...

Ghana: First Atlantic Bank denies not settling retrenched staff

First Atlantic Bank Ghana has denied accusations of flouting the Labour Act by refusing to compensate some of its retrenched staff. The Bank has been...

Ghana: First Atlantic Bank refuses to settle redundant staff

First Atlantic Bank in Ghana is dragging its feet to pay severance packages of Locked-out staff about 68, some of whom are pregnant women...

23 Ghanaian banks meet minimum capital requirement

23 out of 34 universal banks in Ghana have successfully met a $83 million (400 million cedis) minimum capital requirement deadline. All banks in Ghana...

Nigeria: Licenses of 182 financial institutions revoked

Nigeria’s Central Bank has revoked the licenses of 182 financial institutions believed to be struggling financially. The financial institutions include 154 micro-finance banks, 6 mortgage...

Ghana merges five ‘struggling’ local banks

Ghana has formed a new indigenous bank called the Consolidated Bank. It has merged five local banks struggling to remain in business. The Bank of...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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