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GTBank Ghana Rolls out MasterCard Products, Services

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Guaranty Trust Bank (Ghana) Limited has rolled out a range of MasterCard products and services including card issuance and ATM activation in all branches nationwide.
The bank has acquired the licence to issue MasterCard debit cards in Ghana and with this strategic alliance with the world’s leader in payment brands, GTBank MasterCard debit Cards would also be accepted for payment for goods and services, cash withdrawal and other basic banking transactions globally.
With over a million ATMs in more than 210 countries and 29.4 million Point of Sale (POS) terminals worldwide, the GTBank Debit MasterCard offers exceptional benefits, rewards, services and spending power that can help make financial decisions easy and truly convenient. It is an invaluable tool especially when making airline and hotel reservations, while eliminating the risk and inconvenience of carrying cash.
Its security features include a sophisticated, multi-level fraud monitoring system to protect card holders from fraud and data compromise by employing the use of Chip & PIN technology.
In announcing the introduction of the GTBank MasterCard services into the market, Jamiu Yusuff, general manager of Guaranty Trust Bank (Ghana) Limited, stated that it would offer the ultimate in convenience and financial control by combining worldwide acceptance and flexibility.
He added that, “In our quest to provide alternative payment services to our customers and those who wish to do business with us, GTBank is issuing MasterCard debit cards across the country and this would be supported with a massive roll out of POS to subscribing merchants”.
Araba Ofori, Group Head of Alternative Channels of the bank assures customers and the public that, “GTBank would provide excellent customer and support service to ensure smooth operations and delivery of its MasterCard service”.
Within its relatively short period of operations, GTBank has deployed a wide network of ultra modern ATMs that offer real convenience of 24-hour accessibility at strategic locations across the country. All the ATMs accept MasterCard, Maestro, Visa and China Union Pay cards.
As a main acquirer in Ghana, GTBank would shortly follow up with the deployment of its MasterCard POS payment solution, which is ideal for hotels, restaurants, pharmacies, supermarkets, gas stations, clinics, schools, tourist/leisure outlets etc.
This solution helps businesses that subscribe to it improve the management of sales collection with an up-to-date balance and transaction history. Merchants would receive account statements that detail sales made, thus making reconciliation easy.
GTBank’s success in offering alternatives and convenience has seen it rise up to become the bank of choice in the country. It has been named Bank of the Year in 2009 and 2010, and emerged Best Bank in several key awards categories including that of IT / Electronic Banking.
It is presently ranked as the 7th Prestigious Company in Ghana on the Ghana Investment Promotions Centre’s Club 100 List and the Fastest Growing Company in Ghana in 2010.


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NRS Debunks Viral Claim of New Tax on Vehicle

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Nigeria Revenue Service (NRS) has denied reports that the federal government has introduced a new tax on vehicles.

NRS Debunks Viral Claim of New Tax on Vehicle

The clarification follows the circulation of a viral message online claiming that all vehicle owners would be required to start paying a new tax from July 1, 2026.

In a statement released on Sunday, the NRS said the information in the message is false and did not come from the agency or any official government institution.Nigeria Travel Guides

According to Dare Adekanmbi, spokesperson for the NRS, the viral message was designed to mislead the public. He explained that it was made to look genuine by using official government logos and formatting.

The message reportedly instructed owners of private, commercial, and corporate vehicles to pay an unspecified fee either online or through approved banks and agencies. It also included a website that was wrongly presented as an official government platform.

Adekanmbi stressed that the website mentioned is not connected to the government and warned Nigerians not to make any payments based on such information.

He said the NRS has not introduced any new vehicle tax and that any official policy or tax change would be properly announced through verified government channels.

The agency urged citizens to ignore the fake message and avoid falling victim to possible fraud. It also advised Nigerians to always confirm such information through trusted and official sources before taking any action.

The NRS further encouraged the public to follow its official communication platforms to stay informed about genuine tax policies, updates, and government directives.

 


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NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

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National Copyright Commission (NCC) has reaffirmed that piracy remains a major threat to the nation’s creative economy, vowing to intensify its nationwide crackdown on illicit networks to protect intellectual property.

NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

Pic credit…soundcloud.com

Dr. John Asein, director-general of the NCC, disclosed this in a statement to mark the 2026 World Book and Copyright Day.

The commission noted that piracy remains a major threat, undermining legitimate enterprise and eroding the economic value of creative works.

Asein lamented that inadequate distribution systems and limited access to books also constrain the growth of readership.

He described the event as an important occasion, which showcased the enduring value of books as foundations of knowledge, instruments of cultural preservation, and drivers of national development.

He described the theme for this year’s celebration, ‘Read Books, Respect Copyright,’ as a call on Nigerians to embrace reading as a lifelong habit, while recognising that respect for copyright is essential to sustaining creativity and rewarding authors.

The commission noted that Nigeria’s book industry has evolved significantly, from the post-independence emergence of indigenous publishing to today’s digitally driven ecosystem.

“Nigerian authors continue to gain global recognition, while publishers are expanding capacity. However, challenges persist,” he said.

The commission commended the National Intellectual Property Policy and Strategy, describing it as a bold step toward repositioning intellectual property as a driver of economic transformation.

The policy, according to him, provides a roadmap for revamping the book sector for the benefit of authors and publishers, and is accessible at ippolicy.ng.

The NCC also reaffirmed its commitment to inclusive access through the Marrakesh Treaty, as reflected in the Copyright Act, 2022, enabling accessible formats such as Braille and audio texts.

It urged Nigerians to respect copyright and purchase books only from authorised sources.


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Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

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Fusewall Holdings, founded by Azeez Amida, has announced the acquisition of a 100 percent equity stake in Coloplus Worldwide Service Limited, in a move aimed at strengthening its position in Nigeria’s telecommunications infrastructure space.

Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

Fusewall Holdings

The deal marks a significant milestone in Fusewall’s broader strategy to build an integrated and future-ready platform across key sectors, particularly within the country’s fast-evolving digital economy.

The transaction was led by Amida, whose role in structuring and executing the deal was described as pivotal. According to the company, his leadership helped align stakeholders and navigate complex negotiations to ensure a successful close while positioning the business for long-term growth.

A spokesperson for Fusewall Holdings said the acquisition represents “a deliberate step forward” in the company’s expansion strategy, noting that the focus remains on building platforms that combine operational efficiency, resilience, and scale.

Coloplus brings a substantial operational footprint to the deal, including access to about 900 partner locations and roughly 20 owned sites. This combination of reach and infrastructure control is expected to give Fusewall a strategic advantage as it scales operations nationwide.

Fusewall said it plans to deploy capital, strengthen governance structures, and enhance operational execution as part of the integration process. The move is expected to improve service delivery, boost infrastructure reliability, and support expansion into underserved and high-demand areas.

The acquisition also aligns with the company’s broader ambition to help bridge Nigeria’s telecommunications infrastructure gap by expanding connectivity, improving network resilience, and advancing digital inclusion.

Fusewall Holdings said the deal reflects its commitment to disciplined execution and long-term value creation as it continues to grow its footprint in Nigeria’s digital ecosystem.


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