Ethopia
Ethiopia approves roll out of M-Pesa
Ethiopia has okayed Safaricom to introduce its popular mobile money service, M-Pesa, in the market of over 110 million people. The announcement was ...
Global
Global: Bank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the ...
Global
Global: Final Draft of EU Crypto Law Caps Stablecoin Transactions
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins ...
Kenya
Kenya: CBK sued for billions after forcing sale of bank at Sh1
Former owners of Fidelity Bank are seeking Sh2.5 billion from the Central Bank of Kenya (CBK) and Mauritian bank group SBM Holdings amid ...
Nigeria
Nigeria: NITDA Warns of Unverified Instant Loan Platforms
The National Information Technology Development Agency (NITDA) has raised concerns over the need for the general public to beware of unverified instant loan ...
Nigeria
Nigeria: Reps panel mulls merger of NITDA, NCC, Nigcomsat, others
The committee says the merger plan is aimed at ensuring they provide effective services to Nigerians. An ad-hoc committee of the House of ...
Global
Global: Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
U.S. Financial Stability Oversight Council’s Recommendations The U.S. Financial Stability Oversight Council (FSOC) published its “Report on Digital Asset Financial Stability Risks and ...
Global
Global: US SEC Fines Kim Kardashian $1.26m Over Crypto Advert
The United States Securities and Exchange Commission (SEC) has fined reality TV Star, Kim Kardashian “$1.26 million in penalties, disgorgement, and interest, and ...
Global
Global: Britain to replace GDPR data privacy regime with own system
Britain will replace the European Union’s data privacy regime known as the General Data Protection Regulation (GDPR) with its own system, culture secretary ...
Nigeria
Nigeria: FG sues Meta, seeks N30bn penalty
The Advertising Regulatory Council of Nigeria says it has lodged a suit against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) ...