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MoMo vendors in Sissala East suspend services indefinitely over robbery attacks
Mobile money vendors in the Sissala East Municipality of the Upper West Region have indefinitely suspended their services in response to a spate of...
MoMo transactions drop in June despite increase in account registrations
The Bank of Ghana (BoG) has reported a notable decline in mobile money (MoMo) indicators for June 2024.
According to data from the central bank,...
4 remanded in Tumu for alleged robbery of MoMo vendor
The Tumu Magistrate Court in the Sissala East Municipality of the Upper West Region has remanded four individuals in custody on charges of allegedly...
No need for single currency in Africa, MoMo interoperability the best option – Bawumia
Vice President, Dr Mahamudu Bawumia is advocating for a policy shift away from the pursuit of a single currency for African countries.
According to him,...
I denied Davido access to my body, not our daughter – Sophia Momodu reacts...
Davido‘s first baby mama, Sophia Momodu, has responded to the lawsuit the singer initiated against her at the Lagos State High Court over the...
Plumber, 44, sentenced for breaking into MoMo stall to steal
Forty-four-year-old Samuel Etuah, a plumber, has been sentenced to six years for unlawful entry and stealing by the Hohoe Circuit Court.
On November 25, 2023,...
Ghana’s MoMo accounts reach 68.2m
Registered mobile money accounts in Ghana surged to 68.2 million in April this year, marking a significant increase compared to 57.6 million in the...
We’ll address concerns of illegal MoMo charges – BoG
The Bank of Ghana has initiated discussions among relevant stakeholders to address concerns regarding unauthorized mobile money transfer charges.
This comes amidst mounting apprehension over...
Armed robbers attack MoMo agent in broad daylight at Tumu
Five unknown armed men allegedly attacked and robbed a mobile money vendor at Zongo, a suburb of Tumu in the Sissala East Municipality at...
Diana Asamoah causes arrest of personal assistant over GH₵4K MoMo theft [Video]
Ghanaian gospel artiste, Diana Asamoah has caused the arrest of her personal assistant and junior pastor for stealing from her mobile wallet.
In a video...
MoMo agents threaten strike over E-levy
The Mobile Money Advocacy Group Ghana (MOMAG) and Momo Agents are up in arms with the Ghana Revenue Authority (GRA) for imposing E-levy on...
Volta GMA recognizes excellence: Dr Momodu Cham, Hilarious Abiwu, and others honoured
In a celebration of innovation and outstanding contributions to the medical field, the Volta Regional Branch of the Ghana Medical Association at its Annual...
BoG’s balance revision, transaction limits of MoMo wallets upwards takes effect today
The Bank of Ghana (BoG) has effective today, March 1, 2024, revised the balance and transaction limits of customers’ mobile money wallets upward. ...
See the new Momo balance & transaction limits effective March 1
The Bank of Ghana (BoG) has recently announced an upward adjustment of balance and transaction limits for customers' mobile money wallets, scheduled to take...
BoG revises balance, transaction limits of MoMo wallets upwards
The Bank of Ghana (BoG) has revised the balance and transaction limits of customers' mobile money wallets upward, effective March 1, 2024.
A statement...
MoMo vendor drinks DDT over GH¢16,000 debt [Photos]
A 23-year-old mobile money vendor, Kwabena Gideon has reportedly poisoned himself over GH¢16,000 debt.
This unfortunate incident occurred at Akrampa in the Awutu Bereku district...
Fraud Alert: ECG cautions clients against MoMo fraudsters
The Electricity Company of Ghana (ECG) has advised clients to only transact business with the power distribution company through its PowerApp and offices.
Speaking to...
ECG cautions clients against MoMo fraudsters
The Electricity Company of Ghana (ECG), has advised customers to only transact business with the power distribution company through its PowerApp, shortcode *226# and...
Murder of Walewale MoMo vendor: Two suspects arrested
Police has arrested two suspects in connection with a robbery and assault incident targeting a mobile money operator on Monday, February 12, in Walewale,...
MoMo vendor shot in Walewale
A mobile money (MoMo) operator was shot Monday evening at Walewale in the North East Region.
The victim, identified as Rabiu, has since been...
BoG to meet GRA, financial sector stakeholders over illegal MoMo deductions Â
The Bank of Ghana will tomorrow February 6, 2024, meet officials of the Ghana Revenue Authority and stakeholders within the financial sector to address...
Total MoMo transactions hit record GH¢1.912trn in 2023
The total value of Mobile Money transactions reached a record level in 2023.
According to the January 20243 Summary of Economic and Financial Data...
MoMo agents angry over unfair treatment of members
The Mobile Money Agents Association of Ghana (MMAAG) has voiced concerns regarding reported incidents of harassment against some of its members.
The Association...
MoMo agents suspend GHȻ1000 cap on withdrawals
The Mobile Money Advocacy Group (MoMAG) has announced the immediate suspension of the GHȻ1000 cap on withdrawals.
According to MoMAG, this decision comes after discussions...
New restriction on MoMo transaction could derail digitisation of MSMEs – ISSER
The Institute of Statistics, Social, and Economic Research has indicated that the new restriction on mobile money (MOMO) transactions could derail the digitization of...
Momo Agents Association defends ¢1,000 cap on cashout
The General Secretary of the Mobile Money Agents Association of Ghana, Evans Otumfuo has defended the group’s decision to cap cash withdrawals at a...
MoMo withdrawals to be limited to GH¢1k per transaction
Mobile Money (MoMo) agents have announced a temporary measure restricting cash withdrawals to a maximum of GH¢1,000 per transaction.
The measure which takes effect...
MoMo vendor found dead over GH₵15K debt at Awutu Bawjiase
A 30-year-old Mobile Money (MoMo) vendor, Francis Larbie, has reportedly committed suicide over a GH₵15,000 debt at Awutu Bawjiase in the Awutu Senya West...
Momo merchant jailed for impersonating Police commander
A mobile money merchant, who impersonated a public officer has been sentenced by an Accra Circuit Court.
Richard Sie impersonated the Oti Regional Police Commander,...
MTN Ghana,EOCO hold MoMo fraud training
MTN Mobile Money Limited in collaboration with the Economic and Organised Crime Office (EOCO) has begun its capacity-building training programme in Accra.
This is aimed...
MTN MoMo, ECG and Hubtel partner to provide enhanced Bill Payment Solutions to customers
MobileMoney Limited (MML) operators of (MTN MoMo) has partnered with the Electricity Company of Ghana (ECG) and Hubtel, an eCommerce platform to provide enhanced...
Police arrest serial MoMo fraudster in Kasoa
The Kasoa Akweley District Court, presided over by His Worship Stephen Ofori Akrasi, has granted bail to a serial mobile money (MoMo) fraudster operating...
MoMo promotion to reward 100 customers weekly
MobileMoney Limited (MML) has launched a promo to reward customers for their loyalty and to promote digital payments via MoMo.
For the next two months...
No MoMo or E-levy charges with cashless system – ECG to customers
The Electricity Company of Ghana (ECG) has indicated that transactions done with the ECG PowerApp will not attract additional charges.
The Volta Regional PRO, Mr....
Choose between your MoMo business and our marriage – Husband dares wife [Video]
Bismark Osei Wusu has been married to Alberta Nyanta for 15 years.
But their relationship is falling apart on suspicion Alberta is in an amorous...
Armed robbers attack MoMo agent at Wenchi
In a recent incident in the Bono Region of Ghana, three individuals suspected of armed robbery shot a mobile money agent in Wench1.
They made...
Akatsi killing: MoMo Agents Association decries poor security of vendors
The Mobile Money Agents Association of Ghana has decried the poor security of vendors across the country which leaves the lives of the latter...
Momo vendor shot dead at Akatsi
A Mobile Money vendor, Mandela Zanu, has been shot dead by some unknown assailants at Akatsi in the Volta Region.
The incident is said to...
MoMo vendor kills himself over ¢3,500 missing money at Assin Kruwa
The lifeless body of a 22-year-old young man, Abdul Rahman, who was missing for some days, has been found hanging on a tree in...
SIM re-registration: Your momo account is safe even if you lose your number –...
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has assured that mobile phone subscribers who may lose their phone numbers for not re-registering...