Regulatory
Global: EU Antitrust Chief Engages in Talks with Big Tech CEOs on Regulation and Compliance
Margrethe Vestager, the European Union’s antitrust chief, has recently held meetings with the chief executives of tech giants Apple, Alphabet, and Qualcomm to ...
Nigeria
Nigeria: CBN Appoints New Leadership for Dissolved Union, Keystone, Polaris Banks
Shortly after the dissolution of the boards and managements of Union, Keystone, and Polaris Banks, the Central Bank of Nigeria (CBN) has swiftly ...
Nigeria
Nigeria: CBN Removes Board of Directors from Union, Titan, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has taken immediate action by dismissing the entire Board of Directors of Polaris, Titan, Union, and Keystone ...
Global
Global: SAP Settles FCPA Allegations, Agrees to $220 Million Payments
German software company SAP has reached a settlement exceeding $220 million with U.S. and South African authorities, resolving alleged violations of the Foreign ...
Regulatory
Global: NAICOM Approves Mary Adeyanju as MD/CEO of Consolidated Hallmark Insurance Limited
The National Insurance Commission (NAICOM) has granted approval for the appointment of Mrs. Mary Adeyanju as the Managing Director/Chief Executive Officer of Consolidated ...
Nigeria
Nigeria: Consumers Applaud Babatunde Irukera’s Impactful Leadership at FCCPC
Following the removal of Mr. Babatunde Irukera from his position as the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission ...
Nigeria
Nigeria: CBN Introduces Approval Requirement for 5% Bank Share Purchases
In a move to prevent situations similar to the Oba Otudeko and FBN Holdings incident, the Central Bank of Nigeria (CBN) has implemented ...
Nigeria
NIgeria: CBN Releases $61.64 Million to Address Trapped Funds of Foreign Airlines
The Central Bank of Nigeria (CBN) has successfully disbursed $61.64 million to foreign airlines through deposit money banks, as announced by Hakama Sidi-Ali, ...
Nigeria
Nigerian Banks Cease Acceptance of Loan Applications for CBN Intervention Programs
An increasing number of Nigerian Deposit Money Banks (DMBs) are initiating the process to cease accepting loan applications under the Central Bank (CBN) ...
Regulatory
Global: CFTC Advocates for Improved Identity Discovery in DeFi Space
he Commodity Futures Trading Commission (CFTC) is calling on policymakers to address identity-related challenges within Decentralized Finance (DeFi) operations. In a recent report, ...