Kenya
Kenya: Worldcoin deletes Kenyans’ biometric data after court ruling
Worldcoin has confirmed the deletion of all biometric data collected from Kenyan citizens, following a High Court order that declared the project’s data ...
Regulatory
Global: Trump calls on congress to cap credit card rates
Earlier this month, Trump took to social media to float the cap as he faces cost-of-living concerns ahead of this year’s mid-term congressional ...
Ghana
Ghana: IMF says Afreximbank agreement strengthens Ghana’s path to completing debt restructuring
The International Monetary Fund (IMF) has described Ghana’s resolution of outstanding issues linked to a US$750 million facility from the African Export-Import Bank ...
Nigeria
Nigeria: How CBN Reforms Are Boosting Nigeria’s FX Inflows, Balance of Payments
The ongoing reforms in the financial sector have contributed to the growth of the Balance of Payments (BOP) surplus and the ongoing surge ...
Nigeria
Nigeria: NFIU hails Nigeria’s FATF, EU delisting as boost to financial system
The Nigerian Financial Intelligence Unit (NFIU) has described Nigeria’s removal from the Financial Action Task Force (FATF) Grey List and the European Union’s ...
Nigeria
Nigeria: SEC Raises Capital Requirements for Market Operators, Sets 18-Month Compliance Deadline
Nigeria’s Securities and Exchange Commission (SEC) has unveiled a sweeping revision of minimum capital requirements for operators in the country’s capital market, significantly ...
Regulatory
Global: FTC Seeks Contempt Ruling Against Payment Processor Cliq
The US Federal Trade Commission (FTC) has asked a federal court to hold payments processor Cliq and two of its senior executives in ...
Nigeria
Nigeria: NCC Engages PwC to Assess Competition in Nigeria’s Telecom Sector
Nigeria’s telecoms regulator, the Nigerian Communications Commission (NCC), has appointed PricewaterhouseCoopers (PwC) to carry out an independent, data-driven assessment of competition within the ...
Nigeria
Nigeria: NRS Clarifies VAT Treatment on Bank Customers’ Transactions
The Nigeria Revenue Service (NRS) has issued a clarification to address public concerns around Value-Added Tax (VAT) on banking transactions, stressing that no ...
Regulatory
Global: LSEG Launches Blockchain-Based Digital Settlement Network
The London Stock Exchange Group (LSEG) has unveiled a new blockchain-enabled settlement service, marking a significant step in bridging traditional financial infrastructure with ...