Nigeria’s central bank has significantly increased the limits it had imposed on cash withdrawals following a public outcry. Earlier this month it said customers would only be able to take out the equivalent of $220 (£183) per week. The withdrawal limit has now been increased to more than $1,000. Cash plays a vital role in […] The post Nigeria raises cash withdrawal
The Mobile Money Agents Association of Ghana has welcomed the approval of the reduction in the Electronic Transfer Levy rate and the subsequent restoration of the GH¢100 threshold on daily transactions. The Minority in Parliament succeeded in ensuring that government maintains the exemption of E-levy as the rate was further reduced from 1.5 to 1 […] The post E-levy
Customers who are visiting the Kumasi branch of the firm say they did not receive prior notice from management about the closure. A notice has however been posted at the main entrance of the firm to inform customers about the reasons for the closure. The firm in a statement indicated it will operate remotely until […] The post Customers fume over Databank closure appeared first on
The Director of Operations at Dalex Finance, Joe Jackson, says the government’s debt restructuring programme will be doomed if an immediate alternative is not found to replace the pension fund which has been exempted. The government on Thursday succumbed to pressure from organised labour and exempted pension funds from the debt exchange programme. Organised Labour […] The post Pension
The Transport Ministry has introduced a visa-on-arrival policy for passengers travelling to Ghana during the Christmas period. The move is in line with the ‘Beyond the Return’ initiative in order to attract more foreigners. This means individuals coming to Ghana are not mandated to acquire a visa before arriving in the country. The visas could […] The post Beyond
The Ghana Police Service is concerned about the increasing rate of dubious activities and other get-rich-quick schemes in the country. It said, the situation must be checked because of the dire consequences it is having on Ghana’s security. “The activities which often begin with misleading advertisements on some mainstream and social media platforms lure inspecting […] The post Police
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS