Nigeria
Nigeria: Tinubu Directs Tighter Oversight of Stablecoin and Digital Currency Transactions
President Bola Tinubu has instructed Nigeria’s financial and capital market regulators to intensify oversight of stablecoins and digital currencies, stressing that the rapid ...
Nigeria
Nigeria: FIRS Partners EFCC to Strengthen Tax Compliance Framework
The Federal Inland Revenue Service (FIRS) has reaffirmed its partnership with the Economic and Financial Crimes Commission (EFCC) to boost voluntary tax compliance ...
Regulatory
Global: Revolut Secures In-Principle Approval for UAE Payments Licence
Revolut has obtained in-principle approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services (Category II) licences, ...
Nigeria
Nigeria: SEC Establishes Help-Desk to Support Insurers in Capital Raising Drive
The Securities and Exchange Commission (SEC) has introduced a dedicated help-desk to streamline processes for insurance operators seeking to raise funds through the ...
Ghana
Ghana: Bank of Ghana Suspends Flutterwave, Cellulant, and Six Others Over Regulatory Breaches
The Bank of Ghana (BoG) has suspended the operations of eight fintech firms—including Flutterwave, Cellulant Ghana, Tap Tap Send, Afriex, Halges Financial Technologies, ...
Nigeria
Nigeria: NITDA, Kaspersky Partner to Boost Nigeria’s Cybersecurity Resilience
The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MoU) with global cybersecurity firm Kaspersky to strengthen Nigeria’s digital ...
Nigeria
Nigeria: CBN Directs Financial Institutions to Channel Regulatory Reports to Compliance Department
The Central Bank of Nigeria (CBN) has issued a directive requiring all financial institutions to submit regulatory reports, correspondence, and related inquiries through ...
Nigeria
Nigeria: FG Moves Against Rogue Digital Lenders With New Regulatory Framework
The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), has introduced stringent new regulations to rein in rogue digital lenders ...
Nigeria
Nigeria: Edun Pushes National Single Window to Drive Economic Stability
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the transformative potential of the National Single Window (NSW) ...
Regulatory
Global: Australia’s Central Bank Probes AI’s Potential Impact on Economy
The Reserve Bank of Australia (RBA) is examining how artificial intelligence (AI) and other emerging technologies could shape the nation’s economy, with possible ...
