CHRISTIANS ENJOINED TO SEEK GOD'S FACE DESIST FROM NEGOTIATING ONE'S DESTINY WITH THE DEVIL. (PHOTO). #PRESS RELEASE

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 Christians enjoined to seek God's face desist from negotiating one's destiny with the devil By Ezumezu Nonyelum  Christians enjoined to seek God's face desist from negotiating one's destiny with the devil. Converts encouraged to refrain from secret sin that deprives them from mercy of God. The Officiating Priest of St. Michael Parish Awkuzu, Rev. Fr. Michael Okoye stated this in a homily during a 6.00am mass on November 15. Fr. Michael Okoye hinted that some Catholic faithfuls have deny their destiny for worldly pleasures, sins, money to satisfy their flesh. He reflects on Mathew's Gospel that"  fear is debilitating indeed". The other servants who were not governed by fear took risk and made wonderful returns", he said. Fr. Okoye emphasized in the parable of 5 talents, 2 talents and 1 talent that Christians should not seen others most favoured than others. He added that some human being regard themselves as less endowed for achieving the purpose for ...

BANK OF GHANA SUSPENDS FX LICENCES OF GTB, FIRST BANK FOR ONE MONTH. (PHOTO).


 In a statement on Monday, the Ghanaian regulator said the suspension will become effective from March 18, 2024, for one month.


“Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN), effective 18th March 2024, for a period of one (1) month, in accordance with section 11 (2) of the Foreign Exchange Act 2006, (Act 723),” the statement partly read.


“This is a result of various breaches of the foreign exchange market regulations, including fraudulent documentation in their foreign exchange operations which have come to the attention of Bank of Ghana.

“The licence will be restored at the end of the one-month suspension period once the Bank of Ghana is satisfied that they have put in place effective controls to ensure strict adherence to the foreign exchange market regulations.”

The regulator cautioned foreign exchange market players to adhere strictly to the applicable forex market regulations and guidelines.


Last Friday, the Central Bank of Nigeria (CBN) revoked the licences of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions.


The move is expected to curb arbitrage, racketeering and profiteering as the naira suffers an all-time low against the dollar, from about $/700 last May to over $/1500 at the moment.

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