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Nigeria suspends 0.5% ‘e-levy’

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The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision...

BoG suspends forex trading licenses of GT Bank and FBN Bank...

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The Bank of Ghana has suspended the foreign exchange trade licenses of Guaranty Trust Bank and FBN Bank due to a number of breaches...

Lemfi’s RightCard get’s approval from Bank of Ghana to bring remittances...

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RightCard Payment Services Limited (LemFi) has finally obtained approval from the Bank of Ghana (BoG) to resume its remittance services to Ghana with some...

LemFi suspends operation in Ghana following BoG notice

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LemFi has been forced to suspend its operations in Ghana following a notice from Bank of Ghana (BoG) that it has no operational license...

BREAKING: MTN MoMo suspends planned increase in cash out transaction fees

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MTN MobileMoney Limited (MML) has suspended the planned increase in mobile money cash transaction fees. The company announced the suspension in a Facebook post today,...

Twitter shares to be suspended from trading

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Twitter shares will be suspended from trading on Friday as billionaire Elon Musk faces a court-ordered 28 October deadline to close his US$44-billion deal...

New York Senate votes for suspension of bitcoin mining

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The New York State Senate has passed a bill establishing a moratorium on cryptocurrency mining using carbon-based power sources. The bill, which was passed by...

MTN suspends MoMo agent for extorting money from customer

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MTN MobileMoney Limited has suspend a mobile money agent called KONAPET Enterprise for extorting GHC7 from a customer who cashed out GHC1,700. KONAPET is a...
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