Global
Global: Binance Seeks Protective Order Against SEC, Citing Regulatory Overreach
Cryptocurrency exchange Binance has taken legal action by filing for a protective court order against the U.S. Securities and Exchange Commission (SEC), claiming ...
Nigeria
Nigeria: CBN Implements Measures to Counter Naira Decline, Restricts Diaspora Remittances
In response to the recent depreciation of the naira in the parallel market, the Central Bank of Nigeria (CBN) has introduced foreign exchange ...
Nigeria
Nigeria: Government Greenlights 154 Digital Money Lenders, Tightens Regulations
The Federal Government, acting through the Federal Competition and Consumer Protection Commission (FCCPC), has unveiled a new list featuring 154 digital lenders that ...
Regulatory
SA: Vodacom Responds to Regulator’s Rejection of Maziv Acquisition, Stresses Benefits to Competition
South African mobile network operator, Vodacom, has reacted to the recent decision of the country’s competition regulator to block its acquisition of Maziv, ...
Global
Global: RBI Collaborates with McKinsey and Accenture to Elevate Regulatory Oversight with AI
The Reserve Bank of India (RBI) is embarking on a groundbreaking journey to enhance its regulatory oversight of banks and Non-Banking Financial Companies ...
Nigeria
Nigeria: CBN’s Annual Report Highlights Increased Credit Risk Amid Government Lending
The Central Bank of Nigeria (CBN) has posted higher net profits for 2022, but its financial health has been clouded by a significant ...
Global
Global: Bittrex Settles with SEC for $24 Million Over Alleged Unregistered Activities
Cryptocurrency firm Bittrex has reached a settlement of $24 million with the US Securities and Exchange Commission (SEC) to resolve allegations that it ...
Nigeria
Nigeria: SEC Launches Investigation into Ongoing First Bank of Nigeria Holdings Plc Tussle
The Securities and Exchange Commission (SEC) has confirmed its initiation of an investigation into the ongoing dispute within First Bank of Nigeria Holdings ...
Global
Global: INTERPOL Blocks 208 West African Bank Accounts and Arrests 103 Individuals in Cyberfraud Crackdown
In a major crackdown on organized cyberfraud, INTERPOL has taken significant action, blocking 208 bank accounts and apprehending 103 individuals involved in West ...
Nigeria
Nigeria: CBN Releases Seven Years of Financial Statements Amid Investigation
The Central Bank of Nigeria (CBN) has taken a significant step by releasing its Consolidated Financial Statements for the past seven years, marking ...