Kenya
Kenya: Kenya gives Facebook seven days to comply with regulations
Kenya’s ethnic cohesion watchdog has given Meta Platform’s Facebook seven days to comply with regulations after a report of violations on the social media ...
Global
Global: UAE Central Bank imposes financial sanctions on 6 banks
The Central Bank of the UAE (CBUAE) said it imposed financial sanctions on six banks operating in the UAE for failures to achieve ...
Global
Global: U.S. regulators order Voyager Digital to stop ‘false and misleading’ deposit insurance claims
U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” claims that its customers’ funds ...
Nigeria
Nigeria: More Nigerian Insurance Companies to Be Shut Down – NAICOM
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of its moves to reposition ...
Global
Global: Standard Chartered-backed Zodia Market secures FCA registration
The Financial Conduct Authority (FCA) has approved crypto brokerage Zodia Market’s registration application on the UK Financial Services Register, allowing the Standard Chartered-backed ...
Nigeria
Nigeria: Educate us About your Product/Service for Effective Regulation – NITDA to Startups
National Information Technology Development Agency (NITDA) has charged Nigerian startups to educate and enlighten industry regulators on what products and solutions they are providing ...
Global
Global: SEC’s Gensler Says “No Difference” Between Crypto and Securities Exchanges
Gensler Calls for Crypto Exchange Regulation Gary Gensler is turning up the heat on the crypto industry. The SEC Chair Gary Gensler shared a video ...
Nigeria
Nigeria: Islamic Lender TAJBank Upgrades to National Banking Licence
TAJBank Limited, Nigeria’s leading non-interest bank, has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing ...
Global
Global: CMA orders Monzo to comply with transaction history rules
Monzo has been ordered to comply with banking rules after failing to send thousands of customers their historic financial transactions when leaving the ...
Nigeria
Nigeria: CBN accuses MAPs, Discos of diversion of funds meant for metering Nigerians
The Central Bank of Nigeria (CBN) has moved to freeze 157 accounts of companies that are Meter Asset Providers (MAPs) for allegedly diverting ...
