Monrovia- In its bid to boost Liberia’s digital financial platform, Lonestar Cell MTN has launched its MTN Mobile Money In-App QR Code. The app, identified as MTN Momo can be easily downloaded from the apps store and can be used to perform whatever financial transactions in both the Liberian and U.S. currencies, much faster and […]
Tag: ecobank
Lonestar Cell MTN Enhances Liberia’s Digital Financial Platform, Launches MTN Mobile Money In-App QR Code
Monrovia- In its bid to boost Liberia’s digital financial platform, Lonestar Cell MTN has launched its MTN Mobile Money In-App QR Code. The app, identified as MTN Momo can be easily downloaded from the apps store and can be used to perform whatever financial transactions in both the Liberian and U.S. currencies, much faster and […]
Uganda: Banks Set Aside Shs364.7 Billion for Increasing Loan Losses
Provisions for loan losses grew exponentially in the period ended December 2020, increasing by Shs149.1b, according to financial results released by different commercial banks. This was the highest growth in over years, signaling a difficult period for the banking sector and borrowers, whose capacity to repay loans was highly impacted by Covid-19. According to data […]
Nigeria: Ecobank Transnational Appoints Group Executive, Corporate & Investment Banking
Prior to joining Ecobank, Akin Dada was the Managing Director for Citigroup Cameroon. Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announcer the appointment of Akin Dada as Group Executive, Corporate and Investment Bank. Mr Dada joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, and prior to his […]
Golden Star Announces Changes to Board of Directors at the 2021 Annual General Meeting of Shareholders
TORONTO, March 31, 2021 /PRNewswire/ – Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that Karen Akiwumi-Tanoh and Gerard De Hert will be put forward for election as directors of the Company at the forthcoming annual general meeting of Golden Star shareholders on […]
Ecobank holds capacity-building webinar for NGOs
Ecobank Ghana last week held a capacity-building webinar for Non-Governmental Organisations (NGOs) and Civil Society Organisations (CSOs) across the country. The forum, which was held via Microsoft Teams brought together over one hundred participants, mainly local organisations to deliberate on various topics related to national development, financial inclusion and general improvement in the livelihoods of […]
Opuni’s Cocobod salary was ‘way above’ Agongo’s GHS25K deposit ‘for the needy’ – CID man tells court
Ex-CEO of Cocobod, Dr Stephen Opuni Ex-CEO of Cocobod, Dr Stephen Opuni ’s salary while in office was “way above” the GHS25,000 deposited into his account by businessman Seidu Agongo, the investigator in the ongoing Opuni-Agongo trial, Detective Chief Inspector Thomas Prempeh Mercer, told the high court presided over by C.J. Honyenuga, a Justice of […]
Funding frown: Smile Telecoms faces the prospect of liquidation
Without the Public Investment Corporation’s support, a restructuring agreement with major lenders will fail, meaning that $51m of new money will not be injected into Smile, and the company will most likely face the prospect of liquidation. Smile Telecoms, an African telecommunications company, is facing liquidation after the Public Investment Corporation (PIC) pulled its funding […]
RIMAN urges banks to manage liquidity risks digitally
The Risk Management Association of Nigeria has urged risk management practitioners to adopt digital means to instantly assess their liquidity and other emerging risks within their banks to protect their banks assets. It said this on Monday in a statement titled ‘RIMAN harps on digitalisation in managing liquidity risks in banks’. The statement said this […]
NQR Payment Solution Will Encourage Contactless Payments And Further Drive CBN Cashless Policy
Proshare Nigeria Pvt. Ltd. Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the introduction of the Nigeria Quick Response (NQR) code payment solution by the Nigeria Inter-Bank Settlement System (NIBSS) is strategic and timely as it will encourage contactless payments while also aligning to the Central Bank of Nigeria (CBN)’s goal to drive a cashless […]