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MTN CEO recounts how he was targeted by mobile money fraudsters

MTN Ghana’s CEO, Stephen Blewett, has shared a personal experience in which he was targeted by mobile money fraudsters, emphasizing the growing threat of...

GHc649.2bn mobile money transactions recorded in first two months of 2025

Ghana's mobile money industry saw a strong start to 2025, with transactions hitting GH₵649.2 billion within the first two months of the year. This marks...

Transactions conducted through mobile money services surpasses GHS1.9tr – BoG

The Bank of Ghana's (BoG) 2023 FinTech Sector Report indicates substantial advancements in the nation’s digital financial sector, with mobile money accounts exceeding 65...

Value of mobile money transactions surges by GHC744bn

The total value of mobile money transactions in Ghana surged by a remarkable GH¢744 billion, hitting GH¢1.775 trillion in the first eight months of...

Armed robbers attack momo vendor, bolt away with GHC120,000 and mobile phones in Amanfrom

Famous Fiagbe, a 34-year-old Mobile Money (MoMo) vendor, is currently in critical condition at the Winneba Trauma and Specialist Hospital following a violent robbery....

AU approves Akufo-Addo’s plan to expand mobile money interoperability

The Sixth Mid-Year Coordination Meeting of the African Union (AU), held on July 21, 2024, in Accra, Ghana, represented a major advancement in the...

Four detained for alleged robbery of mobile money vendor in Upper West Region

The Tumu Magistrate Court within the Sissala East Municipality of the Upper West Region has detained four people on accusations of allegedly robbing a...

MOMO transactions experience 41.55% surge in first 4 months of 2024 despite E-Levy deductions

In the first four months of 2024, the total value of mobile money transactions hit an all-time high of GH¢779.1 billion, marking a 41.55%...

Mobile Money accounts surge to GHS18.69b with commercial banks for March 2024

The 2024 Fintech Sector Report unveiled by the Bank of Ghana indicates that the collective value of mobile money accounts held with commercial banks...

44m mobile money accounts registered as of 2023 – Akufo-Addo

The mobile money market in Ghana is rapidly expanding, with a significant surge in the adoption of electronic wallet services. President Akufo-Addo revealed that...

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