Global
Global: U.S. Appeals Court Denies FTC’s Request to Halt Microsoft’s Acquisition of Activision Blizzard
A U.S. appeals court has rejected the Federal Trade Commission’s (FTC) plea to pause Microsoft’s $69 billion acquisition of Activision Blizzard, the maker ...
Global
Global: SEC Initiates Regulatory Review of BlackRock’s Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF), indicating the start of ...
Global
Global: US Judge Renders Partial Verdict in SEC Lawsuit Against Ripple
Ripple, the cryptocurrency company, has achieved a significant victory in the legal battle against the US Securities and Exchange Commission (SEC). A US ...
Nigeria
Nigeria: Bank Verification Numbers (BVNs) Surpass 57.96 Million as CBN Takes Action Against Non-Compliant Accounts
The total number of Bank Verification Numbers (BVNs) issued in Nigeria has reached 57.96 million as of July 3, 2023, according to data ...
Global
Global: FTC Initiates Investigation into OpenAI’s Role in AI-Generated Misinformation
The Federal Trade Commission (FTC) has launched an investigation into OpenAI, the developer of the ChatGPT chatbot, to assess potential harm caused by ...
Global
Global: FCA Chief Warns Banks about AI Risks and Big Tech Threat
Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), has called on banks to increase their investments in order to combat the ...
Global
Global: ECB’s Visco Indicates Approaching Peak in Interest Rates
Ignazio Visco, the Governor of the Bank of Italy, stated on Thursday that the European Central Bank (ECB) is nearing a peak in ...
Nigeria
Nigeria: CBN Places Cameroon, Vietnam, and Croatia on Money Laundering Watchlist
The Central Bank of Nigeria (CBN) has issued a circular directing Deposit Money Banks and other financial institutions in the country to enhance ...
Nigeria
Nigeria: House of Representatives Urges CBN to Suspend Controversial Social Media Verification Directive
The House of Representatives has called on the Central Bank of Nigeria (CBN) to temporarily suspend the implementation of the directive that instructs ...
Nigeria
Nigeria: SEC Initiates Investigation into Otudeko’s FBN Share Acquisition
The Securities and Exchange Commission (SEC) is currently conducting an investigation into the acquisition of 4.7 billion shares of FBN Holdings by Oba ...