Nigeria
Nigeria: FMDQ Exchange Approves Registration of Infinity Microfinance Bank’s N5bn CP
The FMDQ Securities Exchange Limited (FMDQ Exchange), yesterday said it has approved the registration of Infinity Microfinance Bank Limited N5billion Commercial Paper (CP) ...
Nigeria
Nigeria: NCC Pegs International Termination Rate @10cents/mins, Takes Effect Sept. 1
The Nigerian Communications Commission (NCC) has set $0.10 as the new fixed International Termination Rate for voice services with effect from September 1, 2022. ...
Africa
Africa: Court Declares CAR’s Citizenship-by-crypto Investment Unconstitutional
The Constitutional Court of the Central African Republic (CAR) has declared unconstitutional, the plan by the government to provide citizenship, e-residency, and land ...
Global
Global: VARA Releases New Guidelines On Virtual Assets Marketing
A new guideline on Advertising and Promotions of Virtual Assets has been launched by the Dubai Virtual Asset Regulatory Authority (VARA). The guidelines, ...
Nigeria
Nigeria: CBN Gives Fidelity Bank nod to Acquire Union Bank UK Plc
The Central Bank of Nigeria (CBN) has given a nod to Fidelity Bank Plc in its bid to acquire 100 percent equity stake ...
Nigeria
Nigeria: Shoppers abroad buy items on African local stores and pay easily with Flutterwave: Chief Regulatory Officer
The American Business Council of Nigeria (ABC) in partnership with Lagos Business school, Pan-Atlantic University held its 2nd Economic update themed “Multisectoral Impact ...
Kenya
Kenya: DPO Group Receives License to Operate as a PSP in Kenya
DPO Group Kenya has received the official approval from the Central Bank of Kenya to operate as a Payment Service Provider (PSP) in ...
Nigeria
Nigeria: Access Holdings get regulatory nod to acquire majority stake in First Guarantee Pension Limited
Access Holdings has received regulatory approval to acquire a majority equity stake in First Guarantee Pension Limited. This is contained in a disclosure signed by Sunday Ekwochi, ...
Nigeria
Nigeria: Standard Alliance drags NAICOM to court
Standard Alliance Insurance Plc has dragged the insurance industry’s regulator, the National Insurance Commission, to the Federal High Court in Lagos over the ...
Global
Global: South Korean central bank eyes MiCA, says future regulations may allow ICOs again
A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, ...