Nigeria
Nigeria: CBN Imposes ₦718 Billion Debit on Banks for Missing Loan Target
The Central Bank of Nigeria (CBN) has imposed a substantial ₦718 billion debit on Deposit Money Banks (DMBs) due to their failure to ...
Regulatory
Global: UK Regulator, FCA, Flags Over 140 Crypto Exchanges as ‘Non-Authorized’
On October 8th, the Financial Conduct Authority (FCA), the financial markets regulator in the United Kingdom, was active in adding numerous crypto exchanges ...
Nigeria
Nigeria: NAICOM Collaborates with Federal Government to Develop Guidelines for Government Asset Insurance
Mr. Sunday Thomas, the Commissioner for Insurance and Chief Executive Officer (CEO) of the National Insurance Commission (NAICOM), has revealed that the insurance ...
Ghana
Ghana: IMF and Ghana Review Progress on Economic Reforms and Policy Priorities
The International Monetary Fund (IMF) recently held discussions with Ghana regarding the progress made in its economic and fiscal reforms, which were initiated ...
Regulatory
Global: American Express Enhances SafeKey Authentication Tool with Biometrics
American Express has announced the addition of facial and fingerprint recognition to its SafeKey authentication tool, in a move aimed at bolstering security ...
Nigeria
Nigeria Records Remarkable Surge in Active Mobile Subscriptions, Reveals NCC
The Nigerian Communications Commission (NCC) has announced a significant milestone in the country’s mobile communication sector, with active mobile subscriptions reaching an impressive ...
Global
Global: BIS and Central Banks Explore Embedding Compliance Requirements into Real-Time Cross-Border Transactions
The Bank for International Settlements (BIS), in collaboration with the central banks of Australia, Korea, Malaysia, and Singapore, is embarking on an initiative ...
Kenya
Kenya: Blockchain Association of Kenya Hosts Inaugural Digital Assets Policy Event
The Blockchain Association of Kenya (BAK) recently organized the inaugural Digital Assets Policy Safari (DAPS) on September 19, with the aim of creating ...
Regulatory
Global: Ofcom Urges CMA to Investigate Amazon and Microsoft for Cloud Dominance in the UK
Ofcom, the British communications regulator, has taken a significant step by requesting that the Competition and Markets Authority (CMA) investigate the dominant positions ...
Regulatory
Fintech Regulations: New Solutions in a Complex Landscape
The Fintech regulatory landscape presents a complex web of shifting regulations and frameworks. However, due to many jurisdictions’ insular approach and companies being ...
