Regulatory
Global: CFTC updates guidance to permit national trust banks as stablecoin issuers
The Commodity Futures Trading Commission (CFTC) has revised its guidance to formally recognise national trust banks as eligible issuers of payment stablecoins, marking ...
Nigeria
Nigeria: CBN, NCC move to enforce instant refunds for failed airtime, data transactions
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed a 30-second refund timeline for failed airtime and data ...
Nigeria
Nigeria: CBN flags fintech sector’s heavy reliance on foreign capital
Nigeria’s fintech industry, despite being one of the fastest-growing in Africa, remains significantly dependent on foreign investment, a vulnerability that exposes the sector ...
Ghana
Ghana pushes stronger legal frameworks for digital innovation
The Government of Ghana has reaffirmed its commitment to strengthening legal and policy frameworks to support the country’s growing digital economy. The Deputy ...
Nigeria
Nigeria: NDPC and NCC sign MoU to strengthen data protection in Nigeria’s telecom sector
The Nigeria Data Protection Commission (NDPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) to reinforce data protection ...
Nigeria
Nigeria: CBN to Release Open Banking Roadmap Within Three Months
The Central Bank of Nigeria plans to issue an implementation roadmap for Open Banking within the next three months, as part of efforts ...
Ghana
Ghana: GRA targets over 90% VAT compliance with new enforcement team
In a bid to encourage voluntary compliance with Value Added Tax (VAT) and boost revenue mobilisation, the Ghana Revenue Authority (GRA) has inaugurated a National ...
Ghana
Ghana’s exchange rate stability driven by policy discipline and stronger buffers – Asiama
Ghana’s currency, the cedi, has shown relative stability in recent weeks, recording modest gains and marginal pullbacks against major trading currencies, reflecting what ...
Nigeria
Nigeria: Nigeria’s fintech sector split on regulatory climate – CBN report
Nigeria’s fintech ecosystem remains sharply divided on the country’s regulatory environment, with operators evenly split between those who see it as innovation-friendly and ...
Regulatory
Global: PRA and FCA unveil first cohort for Scale-up Unit
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have announced the first group of banks and building societies selected to ...
