Nigeria
Nigeria: Nigeria’s internet service providers increase to 225 as NCC issues fresh licences
The number of companies providing internet services in Nigeria has increased to 225 as of September 2022 from 187 recorded in December 2021. According to ...
Global
Global: SEC charges VMware with hiding slowing sales from investors
Virtualization giant pays $8m to settle claims it pushed revenue into later quarter… without admitting liability VMware misled investors about its order backlog ...
Global
Global: New Cryptocurrency Bill Proposed to Uruguayan Parliament
A new cryptocurrency bill has been introduced to the parliament by the Government in Uruguay. The bill, seeking to provide a ruling on ...
Global
Global: Chinese Regulators Seek Expansion of E-CNY Trial Areas
The monetary policy regulator of China has suggested that the country expands the environment for the use of the digital yuan. The PBOC ...
Global
Global: FTC orders Credit Karma to pay $3m for “misleading” consumers
The Federal Trade Commission (FTC) has ordered credit services company Credit Karma to pay $3 million for allegedly misrepresenting consumers with “pre-approved” credit card ...
Regulatory
Uganda: Uganda’s Parliament Passes Tougher Penalties for Cyber Criminals
The Parliament of Uganda has passed the Computer Misuse (Amendment) Bill, 2022 privately moved by Muhammad Nsereko (Ind., Kampala Central), which imposes tough ...
Nigeria
Nigeria: Regulator Authorises FBN to Purchase Access Bank’s Pension Division
The acquisition of Access Pension Custodian Limited by First Pension Custodian Limited has been authorized by the National Pension Commission (PenCom). It said Access Bank ...
Nigeria
Nigeria: Nigeria’s SEC says crowdfunding will accelerate financial inclusion
The Securities and Exchange Commission (SEC) has said that the operationalization of Crowdfunding will accelerate the Financial Inclusion agenda in Nigeria while increasing ...
Global
Global: Citi wins appeal over $500m funds transfer gaffe
A federal appeals court has overturned a decision to let creditors keep more than half a billion dollars that banking giant Citi sent ...
Nigeria
Nigeria: NCC, NSCDC Review Guidelines 5yrs after Signing MoU to Safeguard Telecoms Infrastructure
The Nigerian Communications Commission (NCC) has again teamed with the Nigerian Security and Civil Defence Corps (NSCDC) to tackle some of the criminal activities bedeviling ...
