Tag Archives: CASH

‘A fool’ – Bridget Otoo goes hard on NDC parliamentary candidate hopeful who sprayed cash

Juliana Kinang-Wassan, an NDC parliamentary candidate hopeful for the Ejura Sekyeredumase constituency on Saturday, May 13, 2023, showered money on delegates at the voting grounds at the Ahmadiya School Park. Video of Kinang-Wassan spraying cash in the full glare of security officials and her opponent the current MP has gone …

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Spraying cash a form of currency abuse – Nigeria central bank lists others

The case of money spraying by a parliamentary aspirant has caught the eyes of the Ghana Police Service. They have announced that a team of experts are looking into the conduct of the National Democratic Congress (NDC) aspirant Juliana Kinnan Wassan during the May 13 primaries. The last time the …

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Banks cash reserve ratio back to 14%

The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …

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Nigeria extends use of old Naira notes amid cash crisis

President Muhammadu Buhari has directed the country’s central bank to release the old 200 naira banknotes back into circulation and run concurrently with the new ones until April 10, 2023. However, he said that the old 500 and 1,000 naira banknotes are no longer valid and must be taken to …

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Alan Cash seeks Otumfuo’s blessings for victory in NPP 2024 flagbearership race

The Outgoing Minister for Trade and Industries, Alan Kwadwo Kyerematen, has expressed gratitude to Asantehene Otumfuo Osei Tutu II for the support he offered to him during his time as a minister. He expressed the gratitude on Wednesday January 11,2023, when he paid a courtesy call on the Asantehene at …

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Fire outbreak at Adabraka, cash, properties destroyed

Fire has gutted a residence at Oregon Avenue behind the Adabraka Central Mosque in Accra. The fire which started in the morning of Thursday, December 7, 2022, destroyed several properties and cash worth GH¢ 10, 000. According to a Citi News report, residents say the fire is believed to have …

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Nurse-for-cash agreement with UK: Ghana to earn £1,000 per nurse

Ghana is about signing a nurse-for-cash agreement with the government of the United Kingdom. Each nurse Ghana sends to the UK, once the deal is done, is likely to fetch the West African country £1,000, Health Minister Kweku Agyeman-Manu announced on the floor of parliament on Monday, 5 December 2022 …

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‘Destooled’ chief demands Ofori Panin Fie to refund GH¢115,000 mining cash

The embattled Benkumhene of Asamang Tamfoe Traditional Area, Nana Boakye Darkwa, is demanding a refund of a total amount of GH¢115,000 mining proceeds given to Ofori Panin Fie out of mining in the community. According to him, the amount was paid on October 7, 2022 as a goodwill money which …

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Economic hardship: Chamber of Pharmacy, others threaten Cash & Carry system

The Chamber of Pharmacy Ghana has announced the adoption of the Cash and Carry regime for the supply of pharmaceutical products to government and other institutions. The Chamber, including the Pharmaceutical Manufacturers, Importers and Suppliers say, the current economic downturn including the exchange rate is telling on their business hence …

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I will retrieve Menzgold locked up cash if I become the next president – Kumchacha promises

Ghanaian preacher Nicholas Osei, popularly known as Prophet Kumchacha, has vowed to deal with NAM 1 if Ghanaians vote for him to become the next president after 2024’s general elections. About a week ago, flyers from the founder and leader of Heaven’s Gate Ministries camp announcing his intention to run …

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