Nigeria
Nigeria: CBN Imposes Additional Debits on Banks for Failing to Meet Loan Target
The Central Bank of Nigeria (CBN) has taken action against commercial banks that did not meet its 65% loan-to-deposit target by imposing additional ...
Regulatory
Global: Collaborative Approach Urged for Crypto Regulation by Biden’s Regulators
The cryptocurrency industry finds itself navigating a complex regulatory landscape as the Biden administration pushes forward with its economic agenda. Several appointed officials ...
Nigeria
Nigeria: Ongoing Economic Reforms Hold Promise for Nigeria’s Economy- SEC
The Securities and Exchange Commission (SEC) has lauded the ongoing multifaceted economic reforms initiated by the current administration, expressing confidence that these transformative ...
Global
Global: Increased Global Scrutiny on Iris-Scanning Crypto Project Worldcoin
Worldcoin, a cryptocurrency project co-founded by Sam Altman, the CEO of OpenAI, which was launched in July, is facing heightened scrutiny from various ...
Global
Global: Germany Faces €206 Billion in Cybercrime and Digital Theft Costs, Bitkom Report Reveals
A recent survey conducted by the digital association Bitkom has unveiled that Germany is projected to incur €206 billion in losses due to ...
Kenya
Kenyan Blockchain Association Challenges Digital Asset Tax in Court
The Blockchain Association of Kenya (BAK) is taking legal action to halt the implementation of the Digital Asset Tax (DAT), which was introduced ...
Global
Global: Meta Stands Firm Against Canadian Government’s News Compensation Law
Meta, the parent company of Facebook and Instagram, has refused to comply with a new law proposed by Canadian Prime Minister Justin Trudeau, ...
Nigeria
Nigeria: NUC Introduces Cutting-Edge Tech Courses into Nigerian University Curriculum
The National Universities Commission (NUC) has unveiled a comprehensive update to the curriculum of Nigerian universities, ushering in an array of cutting-edge tech ...
Global
Global: Regulatory Scrutiny of Regional Banks Paves the Way for FinTech Partnerships
The intensified regulatory scrutiny of regional banks, coupled with heightened capital requirements, is compelling these financial institutions to explore partnerships with FinTech companies ...
Nigeria
Nigeria: CBN and FG Agency to Review New Regulation on Bank Customer Data
Dr. Vincent Olatunji, the National Commissioner of the Nigeria Data Protection Commission (NDPC), has revealed that the commission has established a joint committee ...