Nigeria
Nigeria: FIRS Mandates Real-Time Data Integration from Banks and Fintechs to Strengthen VAT Compliance
The Federal Inland Revenue Service (FIRS) has introduced a real-time monitoring platform aimed at improving the tracking of Value Added Tax (VAT)-eligible electronic ...
Regulatory
Global: China Proposes Global AI Governance Body Amid Growing US-China Policy Divide
China has unveiled a proposal to establish an international artificial intelligence (AI) cooperation organization, calling for a unified global framework to manage the ...
Egypt
Egypt’s FRA Approves Fintech Expansion and Establishment of Three New Startups
Egypt’s Financial Regulatory Authority (FRA) has granted approvals aimed at bolstering the country’s fintech ecosystem, greenlighting the expansion of existing services and the ...
Nigeria
Nigeria: FRC, LCCI Forge Strategic Alliance to Strengthen MSME Governance
The Financial Reporting Council (FRC) of Nigeria has entered into a strategic partnership with the Lagos Chamber of Commerce and Industry (LCCI) and ...
Nigeria
Nigeria SEC Signals Green Light for Stablecoins Under Regulatory Oversight
Nigeria has declared its openness to stablecoin innovation, provided it aligns with established regulatory safeguards, according to the Securities and Exchange Commission (SEC). ...
Nigeria
Nigeria: SEC Affirms Regulatory Compliance in First Holdco’s N323bn Share Transaction
The Securities and Exchange Commission (SEC) has confirmed that the recent N323.33 billion share acquisition involving First Bank Holding Company (First Holdco), two ...
Regulatory
Global: Trump’s Executive Order on ‘Woke AI’ May Redefine U.S. Tech Policy and Model Development
A new executive order signed by former U.S. President Donald Trump aims to bar “ideologically biased” artificial intelligence models—labeled as “woke AI”—from use ...
Nigeria
Nigeria: Telcos Restore SIM Services Following NIMC’s Successful NINAuth Migration
Major telecommunications operators in Nigeria — MTN, Airtel, Glo, and 9mobile — have resumed SIM registration services, including new activations, SIM swaps, and ...
Regulatory
Global: Afin bank gains full regulatory approval to serve uk’s underserved mortgage market
Afin Bank has secured full regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to offer mortgages in ...
Nigeria
Nigeria: SEC Champions Responsible Innovation, Eyes Quantum Leap for Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) of Nigeria is positioning itself at the forefront of technological advancement, with a commitment to enabling innovation ...
