Tag Archives: MOMO

The Mobile Money Advocacy Group has assured that steps are being taken to address cases of fraud perpetrated against its members. The group bemoaned the situation, emphasizing its negative impacts on the volume of transactions conducted and the limited number of agents operating during certain times of the day and …

Mobile Money (MoMo) agents nationwide will implement a temporary regulation limiting cash withdrawals to a maximum of GH¢1,000 per transaction, beginning from December 1, 2023. The joint decision stems from a collaborative statement by four MoMo Associations; the Northern MoMo Agents Association of Ghana (NOMAAG), the Mobile Money Advocacy Group …

A case of medical negligence that led to the death of a patient has hit the Central Aflao Hospital in the Ketu South Municipality of the Volta Region. Added to that, two nurses who have been named as being directly involved in the case, are being investigated together with the …

A 22-year-old Mobile Money (MoMo) vendor has committed suicide at Assin Kruwa in the Assin South district of the Central Region. The deceased, Abdul Rahman Acquah left home on June 8, 2023, at about 3 PM and was nowhere to be found. A thorough search was conducted by the community …

MTN Mobile Money(MoMo) has implemented the Bank of Ghana (BoG) approved increase in daily and monthly transaction limits as well as maximum wallet balances. A statement issued by MTN said: Customers with Daily Transaction Limits of GH¢1,000, GH¢5,000 and GH¢10,000 have had their limits increased to GH¢2,000, GH¢10,000 and GH¢15,000 respectively.” Additionally, …

Two Nigerian have been jailed for 40 years by the Kasoa Ofaakor Circuit Court for robbing a mobile money vendor in broad daylight light at Kasoa New Market Junction in the Central Region. The robbery incident happened on Tuesday, May 17, 2022. The jailed armed robbers are said to have …

Revenue of the mobile money (MoMo) arm of telecommunication market leader – MTN – reached GH¢899million, a 9 percent growth on year-on-year growth in the first half of the year, its unaudited interim report has shown. The figure, however, pales in comparison to the 50.9 percent YoY growth recorded a …

A mobile money vendor is currently battling for his life after he was shot by armed robbers at his Mobile Money Shop located at Adjei Kojo, near Ashaiman. The incident is reported to have happened 24 hours on Thursday evening, less than 24 hours to his call to the bar …

Amid rising interest rates on the money market, Chief Executive Officer of Letshego Ghana, Arnold Parker, has revealed that interest rates on Qwikloans will increase in the coming weeks. Qwikloan, an innovative financial solution by Letshego Ghana and MTN Mobile Money (MoMo), provides short-term, unsecured, quick and convenient loans to …

  A Yango driver believed to be in his 30s is in the grips of the police after he was arrested for dragging a passenger in front of her house after the two got into a disagreement over a change of GH¢80. The victim, Sheila Taasha Osei-Boahene, a 22-year-old nursing …