Nigeria
Nigeria: NAICOM’s new guidelines will drive insurance inclusion – Operator
The Managing Director of GOXI Microinsurance, Shina Gbadegesin, Nigeria’s first licensed microinsurance institution, has praised the recent release of the regulatory sandbox guideline ...
Ghana
Ghana: GRA chases 93 businesses for not issuing VAT invoices
The Enforcement Unit of the Ghana Revenue Authority (GRA) is set to prosecute some 93 shops and business owners for failing to issue ...
Global
Global: CEO of OpenAI calls for US to regulate artificial intelligence
The creator of advanced chatbot ChatGPT has called on US lawmakers to regulate artificial intelligence (AI). Sam Altman, the CEO of OpenAI, the ...
Global
Global: Binance pulls out of Canada amid new crypto regulations
Binance said on Friday (May 12, 2023) it was withdrawing from Canada, weeks after the country issued a series of new guidelines for ...
Global
Global: France Probes Apple Over Restricting Smartphone Repair
France is investigating US tech giant Apple over it allegedly planning for smartphones to become out of date through restricting their repair, prosecutors ...
Global
Global: EU finance ministers approve MiCA crypto regulation
European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets regulation. The Economic and Financial Affairs Council of the European ...
Nigeria
Nigeria: Banks get 30-day deadline to close accounts without BVN
The Central Bank of Nigeria (CBN) has given banks and other financial institutions a 30-day timeline to close accounts without Bank Verification (BVN). ...
Ethopia
Ethiopia: NBE Grants Mobile Money License to Safaricom’s M-Pesa
The National Bank of Ethiopia (NBE) says today it has issued a mobile money service license to Safaricom M-Pesa Mobile Financial Service Plc, ...
Global
Global: EU Parliament in favour of tougher rules for AI Act
The European Parliament lawmakers reached agreement on a strict set of rules on AI use in the EU to rein in AI systems ...
Nigeria
Nigeria: EFCC warns banks’ compliance officers against sharp practices
The Economic and Financial Crimes Commission (EFCC) has warned financial institutions and compliance officers to be diligent and avoid being complicit in financial ...
