Regulatory
CBN releases N33.4b to DisCos for mass metering
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that the CBN has so far released N33.2 billion to electricity Distribution Companies (DisCos) in ...
Regulatory
German merchants can charge fees for payment service providers
The German Federal Court of Justice (BGH) has announced allowing German merchants to charge an extra fee for online payments with payment providers ...
Regulatory
Money laundering regime extends to Bitcoin from April 2021 in Ireland
Cryptocurrency service providers in Ireland will have to comply with money laundering rules and other basic regulations for the first time starting with ...
Regulatory
Jamaica’s Central Bank to Pilot CBDC Beginning in May
The Bank of Jamaica (BoJ) is planning to pilot its central bank digital currency (CBDC) in May and is working with Ireland-based technology ...
Regulatory
Chinese tech stocks slump as U.S. SEC begins rollout of law aimed at delisting
Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies ...
Regulatory
Nigeria- Forex – CBN Threatens Banks, to Create Complaint Desk
The Central Bank of Nigeria (CBN) has assured members of the public that there was enough foreign exchange for them to meet their ...
Regulatory
CBN MPC meeting: Banking regulator retains lending rate
The Central Bank of Nigeria (CBN) on March 23, 2021 retained the lending policy rate at 11.5 percent, saying the decision was made ...
Regulatory
CBN releases list of approved IMTOs to receive foreign remittance
The Central Bank of Nigeria (CBN) has released the list of 47 International Money Transfer Operators (IMYOs) approved to receive foreign exchange remittances ...
Regulatory
Central Bank of Nigeria Clarifies Position on Ban of Crypto
The central bank of Nigeria (CBN) has clarified a statement it issued last month that seemed to order financial institutions to shut down all accounts ...
Africa
CBN plans to issue N570.4m treasury bills in Q2
The Central Bank of Nigeria (CBN) has disclosed its plan to issue treasury bills worth N570.4m in the second quarter. The CBN disclosed ...