The World Bank has approved a fresh $700m loan for Nigeria. It disclosed this in a statement published on its website on Friday, Sept. 22. The new loan is to provide additional funds for an ongoing project known as the Adolescent Girls Initiative for Learning and Empowerment. …
Read More »Bank of Ghana releases list of unlicensed loan entities in Ghana
The Bank of Ghana (BoG) has released a list of 97 unlicensed financial entities offering loan services through mobile apps to Ghanaians. In a release sighted by GhanaWeb, the BoG warned Ghanaians not to engage in business with these entities because of the risk of their information being stolen and used for criminal …
Read More »List of loan apps breaching privacy rights of Ghanaians
The Data Protection Commission has released a list of some digital lending apps (loan apps) that have been breaching Ghana’s data laws by exploiting the information of Ghanaians who use their services. In a statement copied to GhanaWeb, the commission said that the operation of most of these apps are illegal …
Read More »See a list of loan apps stealing your data
The Data Protection Commission has released a list of some digital lending apps (loan apps) that have been breaching Ghana’s data laws by exploiting the information of Ghanaians who use their services. In a statement copied to GhanaWeb, the commission said that the operation of most of these apps are illegal …
Read More »Parliament approves loan agreement totaling US$710 million
Parliament has approved a total of $710 million in an emergency sitting today. MPs were summoned from the Easter break purposely for the 7 loan agreements some of which have been outstanding since last year. The facilities are a US$60.6 million as a third additional financing for the Ghana COVID-19 Emergency Preparedness and …
Read More »Hon Ken Agyapong gave me GHC 1m to pay my bank loan’- Former Fomena NPP Chair confirms
Former Chairman of the ruling New Patriotic Party NPP in the Fomena Constituency of the Ashanti Region, Mr Kwasi Nti, has confirmed, receiving Gh¢Million from the Assin Central Member of Parliament Hon Kennedy Agyapong. According to him, Hon Kennedy Agyapong single handedly save the NPP from losing the Independent Member of …
Read More »US student loan relief applications halted
The US government has stopped taking applications for President Joe Biden’s student loan forgiveness plan after a judge ruled it was illegal. District Judge Mark Pittman wrote on Thursday that the plan was unlawful because it overstepped the power of Congress. The judge’s ruling blocked debt relief for 26 million …
Read More »All you need to know about Biden’s Student Loan Forgiveness Application
The Joe Biden administration has launched a Beta version of the student loan forgiveness application. Borrowers have been given the opportunity to apply. However, these are some of the things you need to know before you apply. Where Can You Find the Student Loan Forgiveness Application This initiative was …
Read More »NPP staged Suame bad roads protest to fast track loan for 4-tier interchange – NDC MP alleges
Kwame Governs Agbodza, the Member of Parliament for Adaklu has alleged that a July 18 protest against the Majority Leader and MP for Suame, Osei Kyei-Mensah-Bonsu, was staged. According to him, the protest which on the record is against the bad nature of roads in the Suame Constituency especially the …
Read More »Minority shoots down one-billion-dollar loan despite IMF plea
The Minority has shot down the approval of a 1 billion dollar syndicated loan at the committee meeting despite IMF advice that it should be approved to prevent the economy from grinding to a halt. According to the Ranking Member of the Finance Committee, Ato Forson, their decision was due …
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