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Preaching Peace, You’re Sowing Seeds Of Discord’ – Ibas Knocks Tunde BakareTop Nigerian Newspaper Headlines For Today, Monday, 21st April, 2025Naira Rises against EUR, USD as GBP Rally—CBN FX DataSEC Warns Influencers, Bloggers against Promoting Ponzi SchemesBanks Levy: Shareholders Want Authority to Wind up AMCONFemi Otedola Increases Direct Interest in First Holdco by 4,121%Gumi Warns President Tinubu Over Rising InsecurityWilfred Ndidi’s Leicester City Relegated Again After Losing To LiverpoolNnamdi Kanu’s Family Accuses FG Of Media Manipulation, False NarrativesTunde Onakoya Sets New Guinness World Record Wth 64-Hour Chess MarathonJigawa Police Under Fire For Dispersing APC Supporters With Teargas At Government EventNigeria Police Force Intensifies Operations, Arrests Terrorists, Rescues Kidnapped VictimsWhy I Resigned As Tinubu’s Political Adviser – Baba-Ahmed Reveals, Says North Will Decide On 2027 CandidateState Of The Nation: Presidency Reacts To Pastor Bakare’s Message To TinubuWhoever Is Against A Coalition In 2027 Is An Agent To Tinubu – Kenneth OkonkwoCafu Begs Carlo Ancelotti To Leave Real Madrid For BrazilMalami, Others Have Been Planning Against Tinubu Since 2024 – Obono-OblaInmates Seize Guns, Kill 3, Injure Governor In Chad Prison BreakPremier League Results: Chelsea Survive Fulham Scare, Arsenal Win Big, Man United Fall‘Xabi Alonso May Join Real Madrid Before 2025 FIFA Club World Cup’NDLEA Intercepts Cocaine Hidden In Religious Books Bound For Saudi ArabiaKevin De Bruyne Expresses Surprise Over Pending Exit From Manchester CityPastor Bakare Warns Nigeria Is Heading Toward Tyranny Under Tinubu’s Administration‘I Don’t Like Money, My Wife Doesn’t Even Have A Car’ – AmaechiOdion Ighalo Reveals Why He Might Not Play In NPFLDanjuma Urges Nigerians To Defend Themselves Against Bandits, CriminalsTunde Onakoya Breaks Guinness World Record For Longest Chess MarathonGov Okpebholo Extends Easter Greetings To Edo People, Calls For Peace And 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Mon. Apr 21st, 2025
Trending News: ‘My Task Was To Clean Up Faeces’ – Quadri Shares Ordeal In Detention After Viral Photo With Peter ObiPope Francis’ Romance With FootballGov Adeleke Condemns, Orders Investigation Into Burning Of Ilesa High Court‘I No Send Una’ – Peter Okoye Reveals Those Responsible For PSquare SplitPope Francis Demise: Four La Liga Games Scheduled For Today Get New DateJonathan Pledges Continued Commitment To Peace After Receiving Sunhak Global Peace PrizeYour Response Is Lazy – Baba-Ahmed Slams Onanuga‘Kenneth Okonkwo Works For Tinubu’ – Sowore AllegesOver ₦10 Million Raised For 17-Year-Old Quadri Alabi Following Alleged Wrongful ArrestBoko Haram Terrorists Kill Three Soldiers In Fresh Attack On Yobe CommunityAide To Governor Of Delta State Allegedly Murdered By HusbandAtiku Mourns Pope FrancisFrom Pope Leo XIII To Pope Francis: Meet The Ten Oldest Popes In HistoryWhy My Father Opposed Marriage To Olu Jacobs – Joke Silva Opens UpFlying Eagles Arrive In Cairo For Under-20 AFCON, To Face Egypt In FriendlyLedger and Pudgy Penguins Tease CollaborationMikel Arteta Gives Update On Bukayo Saka’s Fitness StatusWhy I’m Against Any Coalition With APC – Rhodes-VivourPope Francis’ Death Marks Loss Of A ‘Trenchant Voice For Justice,’ – Tinubu MournsPope Francis Was A Moral Compass In A Troubled World – Peter ObiWorld Leaders Mourn Pope Francis‘APC Is Funding Wike To Bring Down The PDP’ – Rivers PDP Chairman AllegesWike Is Unlike You, Whose Only Achievement Is Deceiving Obasanjo To Remove Elected Governor – Olayinka Blasts OjoduAllowing Citizens To Defend Themselves Against Bandits Will Cause Anarchy – Gov Namadi Replies DanjumaWho Will Be the Next Pope? Key Contenders Emerge After Pope Francis’ Death At 88Protests Break Out In Jos Over Plateau Killings16 Things To Know About Late Pope FrancisNRC Extends Suspension Of Warri-Itakpe Train ServicesAPC Suspends State Secretary, Avajah, Over Alleged Constitution ViolationsAPC Considers Automatic Ticket For Tinubu In 2027 Presidential ElectionYou Saw Evil In Gaza, Condemned It – Fani-Kayode Mourns Pope FrancisSynthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick’Bitcoin’s Holiday Price Rebound Signals Return of Institutional Confidence, Says QCP CapitalIndependence Day Bomber In Critical Condition After Maiduguri Explosion‘My Friend’ – Tinubu Hails Abia Ex-Gov, Orji Kalu On 65th BirthdayNigeria’s Kanyinsola Ajayi Becomes Second Fastest Sprinter Globally In 2025Just In: Onanuga Confirms When President Tinubu Will Return To NigeriaBreaking: Pope Francis Is Dead“National Assembly To Push For State Police As Part Of Efforts Against Terror Attacks” – BamideleCoalition: You Are An Incurable Virus, We Are Not Considering You For The Merger – Babachir Lawal Slams PDP GovsTinubu, Tchiani To Meet After 20 Months Face-offFG Declares New Target For National GridAbia Teachers Threaten To Strike Over Unpaid Minimum Wage, OthersTake A Back Seat And Enjoy Your Retirement – Babachir Lawal Fires Back At Bode GeorgeAustin Okocha Speaks On Failure To Win African Player Of The Year AwardTraditional Ruler Speaks On Emergence Of New Terrorist Group, Mahmuda In Parts Of Kwara, Niger“We Must Change Our Strategy” – David Mark Urges Tinubu Gov’t To Consider Border Fencing Like U.S, Israel To Tackle InsecurityEkiti APC Caucus Endorses Tinubu, Gov Oyebanji For Second Tenure10th Senate Reschedules Resumption Date To May 6, 2025NEC To Meet On Thursday, State Police Off AgendaBoko Haram Currently Uses Unmanned Drones To Monitor Military – BukartiIf Current Leaders Can Imitate Jonathan, Nigeria Will Be Better – Peter ObiS’Court To Hear PDP Govs Suit Challenging Rivers State Emergency Declaration After Easter BreakGov Lawal Speaks On Defecting From PDP To APCFubara: Is Sole Administrator, Ibas On Tinubu’s Side Or Setting Rivers On Keg Of Gunpowder?Bitcoin Breakout Alert—Are Bulls Targeting $90K?Vitalik Buterin Proposes RISC-V Upgrade to Boost Ethereum’s Execution SpeedMore Details Emerge On Clash Between Tinubu’s Minister And Bauchi Deputy GovernorPlateau, Benue Violence: APC Chieftain Accuses ‘Forces’ Of Plotting Against TinubuRivers: Stop Parading Yourself As Defender Of Nigeria’s Judiciary – Falana Fires WikePortable Opens Up On Using ‘Juju’ To Defeat Speed Darlington In Celebrity Boxing MatchBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st April 2025Tinubu Directs VP Shettima To Visit Plateau TodayInsecurity: ‘Steer Clear, Don’t Be Part Of Those Attacking Us’ – Gov Alia Warns PoliticiansPDP Chieftain Discloses Regions That Peter Obi Would Win In 2027 If He Returns To The PartyBomb Explosion Reportedly Rocks Maiduguri Prison‘Instead Of Preaching Peace, You’re Sowing Seeds Of Discord’ – Ibas Knocks Tunde BakareTop Nigerian Newspaper Headlines For Today, Monday, 21st April, 2025Naira Rises against EUR, USD as GBP Rally—CBN FX DataSEC Warns Influencers, Bloggers against Promoting Ponzi SchemesBanks Levy: Shareholders Want Authority to Wind up AMCONFemi Otedola Increases Direct Interest in First Holdco by 4,121%Gumi Warns President Tinubu Over Rising InsecurityWilfred Ndidi’s Leicester City Relegated Again After Losing To LiverpoolNnamdi Kanu’s Family Accuses FG Of Media Manipulation, False NarrativesTunde Onakoya Sets New Guinness World Record Wth 64-Hour Chess MarathonJigawa Police Under Fire For Dispersing APC Supporters With Teargas At Government EventNigeria Police Force Intensifies Operations, Arrests Terrorists, Rescues Kidnapped VictimsWhy I Resigned As Tinubu’s Political Adviser – Baba-Ahmed Reveals, Says North Will Decide On 2027 CandidateState Of The Nation: Presidency Reacts To Pastor Bakare’s Message To TinubuWhoever Is Against A Coalition In 2027 Is An Agent To Tinubu – Kenneth OkonkwoCafu Begs Carlo Ancelotti To Leave Real Madrid For BrazilMalami, Others Have Been Planning Against Tinubu Since 2024 – Obono-OblaInmates Seize Guns, Kill 3, Injure Governor In Chad Prison BreakPremier League Results: Chelsea Survive Fulham Scare, Arsenal Win Big, Man United Fall‘Xabi Alonso May Join Real Madrid Before 2025 FIFA Club World Cup’NDLEA Intercepts Cocaine Hidden In Religious Books Bound For Saudi ArabiaKevin De Bruyne Expresses Surprise Over Pending Exit From Manchester CityPastor Bakare Warns Nigeria Is Heading Toward Tyranny Under Tinubu’s Administration‘I Don’t Like Money, My Wife Doesn’t Even Have A Car’ – AmaechiOdion Ighalo Reveals Why He Might Not Play In NPFLDanjuma Urges Nigerians To Defend Themselves Against Bandits, CriminalsTunde Onakoya Breaks Guinness World Record For Longest Chess MarathonGov Okpebholo Extends Easter Greetings To Edo People, Calls For Peace And ProgressSecondus Urges President Tinubu To Reinstate Rivers Governor FubaraVictor Osimhen Agrees Personal Terms With Manchester United – ReportU.S. Supreme Court Stops Trump’s Controversial Deportation Of Migrants‘The Nation Is Bleeding, Bring Us Down From This Cross Of Evil’ – Kukah Urges Tinubu In Easter MessageSERAP Drags NBC To Court Over Ban On Eedris Abdulkareem’s ‘Tell Your Papa’Nigeria’s Flamingos Get ₦6 Million For Beating Algeria
Mon. Apr 21st, 2025

FirstBank, GTBank FX Trading Licenses Suspended over Infractions

FirstBank, GTBank FX Trading Licenses Suspended over Infractions

Ghana’s Central Bank has suspended the foreign exchange license of Guaranty Trust Bank and FBN Bank for one month, effective March 18, three months from offering remittance services without regulatory approval as the apex bank seeks to regulate the foreign exchange market.

The affected banks committed various breaches of the foreign exchange market regulations, including submitting fraudulent documentation in their forex operations, the apex bank said in a statement on Monday.

Meanwhile, Guaranty Trust Bank (Ghana) Ltd. has reacted to the recent announcement by the Bank of Ghana regarding the temporary suspension of its Foreign Exchange Trading Licence, effective 18th March 2024.

In response to this development, the bank assures its esteemed customers and stakeholders that it is actively collaborating with the Bank of Ghana to swiftly address the trade-related issues leading to the suspension.

The institution is also in close coordination with relevant government agencies, proactively addressing defective documentation submitted by customers, and reinforcing Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) policies to prevent future occurrences.

GTBank emphasizes that while the suspension affects the Foreign Exchange segment, all other business operations remain unaffected. Main branches, Agency Banking outlets, and digital platforms continue to offer products and services seamlessly.

The bank sincerely apologizes for any inconvenience caused by this temporary suspension and reaffirms its commitment to maintaining the highest standards of professionalism and compliance with regulatory directives.

GTBank Ghana assures its customers that it will work diligently in their best interest to resolve the matter promptly. #FirstBank, GTBank FX Trading Licenses Suspended over Infractions

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The post FirstBank, GTBank FX Trading Licenses Suspended over Infractions appeared first on MarketForces Africa.

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Published on: March 6, 2024

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