Nigeria
Nigeria: N3.7trn Out of N9trn Intervention Funds Recovered, N5trn Not Due – CBN
The Central Bank of Nigeria (CBN) yesterday clarified that out of the N9 trillion interventions it had disbursed in critical sectors of the ...
Global
Global: CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
The Consumer Finance Protection Bureau (CFPB) has sued online lender MoneyLion, along with 38 of its subsidiaries, over allegedly imposing illegal charges for ...
Nigeria
Nigeria: ICAN drags FIRS to court over tax seal
Five Accountants have dragged the Federal Inland Revenue Service before the Federal High Court in Lagos over its plan to coerce tax practitioners ...
Nigeria
Nigeria: FCCPC Wants Unregulated Operators to Comply with CBN Standards
The Federal Competition and Consumer Protection Commission (FCCPC), has urged unregulated digital money lending entities to comply with Central Bank of Nigeria (CBN) ...
Global
Global: Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC
16 of Wall Street’s largest financial institutions been charged to pay a combined $1.1 billion to US regulators for not monitoring unauthorised employee ...
Global
Global: Crypto.com Receives Regulatory Approval in France
Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has been registered in France as a Digital Asset Service Provider (DASP) by ...
Global
Global: Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK
Crypto trading app Revolut has won registration from the United Kingdom’s Financial Conduct Authority to offer crypto services in the U.K. following a ...
Global
Global: Binance Rolls Out Global Law Enforcement Training Program Amidst Rising Exploits
Since its establishment, Binance has established a reputation in the crypto industry. The platform has grown to become one of the most well-liked ...
Nigeria
Nigeria: Nigerian Senate Moves To Amend Central Bank Act, Reduce CBN Governor’s Power
The Nigerian Senate has passed a bill to reduce the power of the governor of the Central Bank of Nigeria, CBN. The bill ...
Nigeria
Nigeria: FintechNGR Offers to Mediate between FCCPC and Digital Lenders
The Federal Competition and Consumer Protection Commission (FCCPC’s) recent directive to all operating payment systems (in Nigeria) including Flutterwave, Opay, Paystack, and Monify ...