Global
Global: OpenAI Investors Advocate for Sam Altman’s Return as CEO Amidst Controversy
OpenAI’s board of directors is facing criticism from investors who are pushing for the reinstatement of Sam Altman as CEO, according to a ...
Regulatory
Rwanda’s Central Bank Grants License to NALA, Boosting Regional Fintech Landscape
The National Bank of Rwanda has officially licensed NALA, an East African fintech company, to revolutionize international payments, making them more affordable and ...
Ghana
Ghana’s Central Bank Signals Potential Fines for Lemfi, Wise, and Others Over Remittance Services
Ghana’s Central Bank has taken action against eight money transfer organizations (MTOs), including LemFi, Wise, Transfer Go, PayPal’s Xoom, SendValu, Boss Revolution, Aza ...
Nigeria
Nigeria: SEC Aims to Drive Infrastructure Financing through Capital Market in 2024
The Securities and Exchange Commission’s Director-General, Lamido Yuguda, announced a strategic focus on infrastructure financing via the capital market in the upcoming year. ...
Regulatory
Global: IOSCO Unveils Comprehensive Crypto Regulatory Framework Proposals
The International Organization of Securities Commissions (IOSCO), a global regulatory body overseeing securities markets, has released a definitive report outlining policy recommendations for ...
Regulatory
Global: Canada Expresses Alarm Over AI-Generated Deepfake Disinformation Campaigns
The Canadian Security Intelligence Service (CSIS), Canada’s primary national intelligence agency, has voiced apprehension regarding the proliferation of disinformation campaigns utilizing artificial intelligence ...
Nigeria
Nigeria Strengthens Commitment to Anti-Money Laundering Efforts in West Africa
The Federal Government has reiterated its commitment to the Inter-Governmental Action Group against Money Laundering (AML) in West Africa (GIABA), aiming to combat ...
Nigeria
Nigeria: Money Market Rates Surge Amidst Liquidity Drop, CBN Touts Reform Impact
Money market rates experienced a spike as liquidity dwindled significantly in Nigeria’s financial system, driven by escalating inflation conditions. The surge in short-term ...
Regulatory
Global: Singapore Pioneers Generative AI Risk Framework in Collaboration with Banks and Tech Firms
The Monetary Authority of Singapore (MAS) has initiated a collaborative effort with banks and technology firms to develop a generative AI risk framework ...
Regulatory
Global: FCA Selects OneMarketData for Cloud-Based Market Surveillance
The Financial Conduct Authority (FCA) in the UK has chosen OneMarketData to provide a new cloud-based market surveillance and visualization system, with OneTick ...