Nigeria
Nigeria: MPC Faces Pivotal Decision as Inflation Slows and FX Market Stabilizes
As Nigeria records a second consecutive decline in inflation and gains greater stability in the foreign exchange market, expectations are mounting that the ...
Nigeria
Nigeria: NCC Introduces Forward-Looking Authorisation Framework to Foster Innovation in Nigeria’s Telecom Industry
In a decisive step towards shaping a future-ready telecommunications sector, the Nigerian Communications Commission (NCC) has unveiled a dynamic licensing framework designed to ...
Regulatory
Global: FCA Proposes Regulatory Framework for Buy Now, Pay Later BNPL Sector
The Financial Conduct Authority (FCA) has unveiled its proposed regulatory framework for the Buy Now, Pay Later (BNPL) sector, marking a major step ...
Nigeria
Nigeria’s Teledensity Climbs to 79.65% as NCC Unveils Draft General Authorisation Framework
The Nigerian Communications Commission (NCC) has announced significant progress in the country’s telecommunications development, with teledensity reaching 79.65% and broadband penetration at 48.81% ...
Nigeria
Nigeria: FIRS, OAGF Unite to Tackle Revenue Leakages Across MDAs
The Federal Inland Revenue Service (FIRS) and the Office of the Accountant-General of the Federation (OAGF) have launched a joint initiative to curb ...
Regulatory
Global: U.S. House Advances Crypto Legislation in Landmark Win for Digital Asset Sector
In a significant development for the digital asset industry, the U.S. House of Representatives—led by a Republican majority—has cleared critical procedural hurdles to ...
Nigeria
Nigeria: CBN Injects $4.1bn into Forex Market to Stabilise Naira Amid Reserve Decline
In a bold move to stabilise the naira and ease liquidity constraints, the Central Bank of Nigeria (CBN) injected a total of $4.1 ...
Regulatory
Global: Barclays Fined £42 Million for Lapses in Anti-Money Laundering Controls
The UK’s Financial Conduct Authority (FCA) has imposed a £42 million penalty on Barclays Bank for serious deficiencies in its anti-money laundering (AML) ...
Nigeria
Nigeria: FIRS Adopts Proactive Engagement Strategy to Simplify Tax Compliance
The Federal Inland Revenue Service (FIRS) is advancing a shift from traditional enforcement tactics to a proactive, citizen-centric approach in its interaction with ...
Regulatory
Global: BoE Postpones Trading Rule to 2028, Eases Capital Rules for Mid-Sized Banks
The Bank of England (BoE) has announced a one-year delay in implementing a key component of the global Basel 3.1 banking reforms, extending ...