Nigeria
Nigeria: CBN’s New PoS Rules Strengthen E-Payments, Boost Consumer Protection
The Central Bank of Nigeria, CBN has explained that measures taken with the new Point of Sales, PoS regulations will boost payment efficiency ...
Regulatory
Kuwait’s Central Bank Introduces Seven Rules to Strengthen Fairness in Bank Prize Draws
The Central Bank of Kuwait (CBK) has issued a set of seven regulatory guidelines for local banks to govern prize-based draws, reinforcing transparency ...
Nigeria
Nigeria: NDPC Reaffirms Strict Enforcement of Data Protection Act at NGDX Workshop
The National Commissioner of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has reiterated the Commission’s unwavering commitment to enforcing the Nigeria ...
Nigeria
Nigeria: PenCom Reiterates Ban on PFAs Inducing RSA Holders
The National Pension Commission (PenCom) has reiterated its zero-tolerance stance against inducement of Retirement Savings Account (RSA) holders, warning Pension Fund Administrators (PFAs) ...
Regulatory
Global: CFTC Reaffirms Framework for Crypto Asset Trading Through Foreign Exchanges
The U.S. Commodity Futures Trading Commission (CFTC) has reiterated its commitment to supporting digital asset trading by clarifying the registration framework for foreign ...
Nigeria
Nigeria: CAC Reaffirms Commitment to NAICOM on NIIRA 2025 Implementation
The Corporate Affairs Commission (CAC) has pledged strong support for the National Insurance Commission (NAICOM) in the implementation of the newly enacted Nigeria ...
Nigeria
Nigeria: CBN Directs Banks and Fintechs to Fully Implement ISO 20022 and Geo-Tagging of Payment Terminals
The Central Bank of Nigeria (CBN) has issued a directive mandating all financial institutions and payment service providers to complete the migration to ...
Nigeria
Nigeria Revenue Service Poised for 2026 Tax Reform Rollout – Oyedele
The Nigeria Revenue Service (NRS) is the most prepared institution for the implementation of the new tax reforms scheduled to take effect in ...
Regulatory
Global: Dutch Central Bank Fines Bunq Over AML Compliance Failures
Dutch neobank Bunq is contesting a penalty imposed by De Nederlandsche Bank (DNB) after regulators identified shortcomings in its anti-money laundering (AML) practices. ...
Nigeria
Nigeria: NDPC Gives Banks, Insurers, and Gaming Firms 21 Days to Comply with Data Protection Law
The Nigeria Data Protection Commission (NDPC) has issued a 21-day ultimatum to banks, insurance firms, pension operators, gaming companies, and brokers suspected of ...
