Bank of Ghana explains ‘Next of Kin’ in bank account operation
Bank of Ghana seeks to promote financial inclusion and, on that basis, encourages all citizens of legal age to own a bank account or mobile money account. As part of the Know-Your-Customer policy, during account opening, financial institutions require certain information from you (the customer) to be able to identify and contact you when the need arises. The “Next-of-Kin” is one of such requirements during account opening. In Ghana, there is no specific statutory definition of Next-of-Kin. It generally refers to an account holder’s closest living relative who could be contacted in the event the account holder is not reachable....
Rudeboy Refuses to Discuss P-Square Dispute, Cites Fear of Misinterpretation
Nigerian singer Paul Okoye, also known as Rudeboy, has chosen not to publicly discuss the ongoing dispute between him and his twin brother Peter Okoye. In a recent interview on the Afrobeats Podcast, Rudeboy expressed frustration with how his words might be misinterpreted and declined to comment on the feud. When asked about his personal feelings on the matter, he stated that he would rather not say anything to avoid having his statements twisted. ‘I’m going to say something and I’m sorry. I know it’s a show but I’d rather not say anything. I’m tired of this twisting of statements;...
Rationale for exhibiting the provisional voters register is to correct errors and omissions – EC tells NDC
The Electoral Commission (EC) has told the National Democratic Congress (NDC) that the purpose of exhibiting the provisional voters register was to make corrections. It is only after the corrections are made that the final register will be printed out for the elections, the Commission said. This has been the practice since 1992, it added. “The rationale for exhibiting the provisional voters register is to correct errors and omissions. It’s only after all identified issues are corrected that the final register is printed for the elections. This has been the practice since 1992,” the commission posted on its X platform....
MoYS and NSA introduce upgraded e-ticketing for Ghana vs. Angola AFCON qualifier
The Ministry of Youth and Sports (MoYS) and the National Sports Authority (NSA) are preparing to enhance the matchday experience for fans as Ghana’s Black Stars face Angola in the 2025 Africa Cup of Nations qualifiers on September 5 at the Baba Yara Sports Stadium. This initiative includes an upgraded e-ticketing system aimed at improving entry processes and overall fan experience. Reflecting on the platform’s success during the Ghana vs. Nigeria 2022 World Cup qualifiers, Youth and Sports Minister Mustapha Ussif remarked, “The digital economy has come to stay. A streamlined ticketing system guarantees faster access, enhanced security, and a...
Really looking forward to be involved against Aston Villa this weekend- Jordan Ayew
Ghana Black Stars forward Jordan Ayew has expressed his readiness to be involved in Leicester City’s EPL game against Aston Villa this weekend. Leicester take on Villa on Saturday, August 31 at 16:00 GMT before the international break; Leicester are without a win two games into the 2024-2025 season. Jordan Ayew said this in a post game interview after scoring his debut goal for The Foxes in his debut start for the club. The 32 year old player joined Leicester from Crystal Palace on a two year deal and scored a brilliant goal in Leicester’s 4-0 win over Tranmere Rovers in the...
Cedi crosses GH¢16 mark against the dollar on retail market
The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted by the Citi Business News team at various forex bureaux and banks in Accra revealed that the dollar is being sold at rates ranging from GH¢15.95 to GH¢16.20. This development occurs as the International Monetary Fund (IMF) recently lifted restrictions on dollar auctions by the Bank of Ghana, following a significant increase in the country’s reserves under a US$3 billion economic recovery programme. According to the July 2024 Summary of Financial and Economic Data from the Bank of Ghana, the...
No Peace Deal Until 2020 Election Violence Perpetrators Face Justice- Asiedu Nketiah
The National Democratic Congress (NDC) has reaffirmed its stance on not signing a peace agreement for the upcoming December elections unless the recommendations of the investigative committee on the 2020 electoral violence are implemented. Despite appeals from the Peace Council, NDC National Chairman Johnson Asiedu Nketiah emphasized during a campaign rally in Agormanya that the party will not commit to peace without accountability for past electoral violence. He stressed that those responsible must be held accountable before the NDC agrees to sign a peace pact. “Those leaders urging us to sign the peace pact must understand that every life matters....
Accra’s Eastern Sector Faces Water Shortage Due to Supply Disruption
The Ghana Water Company Limited (GWCL) has announced an ongoing water supply interruption affecting the eastern part of the Greater Accra Region. The disruption began on Sunday, August 25, 2024, and has impacted several areas, including Dodowa, Oyibi, Frafraha, Adenta, Madina, Ashongman, Haatso, La, Osu, Kanda, Airport Residential Area, and Legon. The interruption was caused by a burst on the transmission line from the Kpong Treatment Plant to the Dodowa Booster Station. Although repair work was initially completed, further issues were identified, necessitating another shutdown. GWCL engineers are working diligently to replace the affected section of the transmission line, aiming...
Asesewa: NPP, NDC supporters clash over branding of DRIP equipment, several injured
A heavy police presence has been established in Asesewa following a clash between supporters of NPP Parliamentary Candidate Joseph Tetteh and National Democratic Congress (NDC) Member of Parliament (MP) Bismark Tetteh Nyarko. The altercation began when NDC supporters noticed District Road Improvement Programme (DRIP) equipment branded with NPP logos parked at the hotel of the NPP candidate. Attempting to photograph the equipment, the NDC supporters were confronted by NPP supporters, leading to a brawl that resulted in several injuries, including the NPP constituency chairman. Salifu Mohammed, also known as Foreigner, a youth leader of the NPP who is currently sought...