Regulatory
Kenya: CBK War That Revealed Reclusive Millionaires Connecting Local Banks to the World
On May 17, 2021 the Central Bank of Kenya ordered financial institutions to dump the Kenya Commerce Exchange Service Bureau (Kenex) and get ...
Regulatory
Zimbabwe: RBZ Auction Allots U.S.$35 Million As Retailers Adopt Official Exchange Rate
The Reserve Bank of Zimbabwe (RBZ) Tuesday allotted US$34.8 million amid widespread adoption of the official exchange rate by retail companies receiving foreign ...
Regulatory
FSCA issues public warning against Aviwe Sbahle and Forex Rehab
The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Ms Aviwe Sbahle (Aviwe) and Forex Rehab. ...
Regulatory
South Africa: FSCA to Recommend Candidates for Deputy Commissioner Positions
The Financial Sector Conduct Authority (FSCA) shortlisting panel has expressed its intention to recommend the names of Farzana Badat and Katherine Gibson to ...
Regulatory
CBN increases Customs’ exchange rate to N404
The Central Bank of Nigeria (CBN), has increased the exchange rate for cargo clearance from N381 per dollar to N404.97 per dollar. Public ...
Regulatory
Hong Kong Monetary Authority to Study a Retail CBDC
The Hong Kong Monetary Authority (HKMA) is to begin a study on the use cases of a central bank digital currency (CBDC). Hong ...
Regulatory
Nigeria to save $3bn from petroleum imports annually – Emefiele
The Central Bank Governor, Godwin Emefiele, has said that the country will save about $3bn from petroleum products imports annually when Dangote Refinery ...
Regulatory
FIRS launches new online tax filing, registration, payment platform
Financial chiefs from the Group of Seven major economies will discuss rules for digital currencies issued by central banks, hoping to bring China’s ...
Regulatory
FSCA warns the public against Morgan Investments Limited
The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with overseas-based Morgan Investments Limited (Morgan). The FSCA ...
Regulatory
Efforts by the Central Bank of Nigeria to drive financial inclusion, yielding results – EFInA Report
A new data from Enhancing Financial Innovation and Access (EFInA) indicates that efforts by the Central Bank of Nigeria to drive financial inclusion ...
