Regulatory
13 new space stations get landing permit from NCC
The Nigerian Communications Commission (NCC) has issued landing permits to 13 additional space stations, which includes American operators, Iridium, to provide satellite ...
Regulatory
FMDQ – SEC grants approval-in-principle for CCP registration
The Nigerian financial markets have recorded a ground-breaking and game-changing milestone following the successful registration of FMDQ Clear Limited by the Securities and ...
Regulatory
EU proposes first set of rules for crypto assets
The European Union has taken a major step forward in its bid to regulate the crypto assets world after its executive branch issued ...
Regulatory
Sterling Bank gets CBN’s nod for holding company
Sterling Bank Plc has said it’s an approval-in-principle from the Central Bank to transform into a holding company. The Managing Director and Chief ...
Regulatory
Access Bank gets regulatory approval to become a Holding Company
Access Bank has joined the list of growing banks in Nigeria, that seeks to diversify and restructure its operations into a holding structure. ...
Regulatory
Sterling Bank secures CBN approval for restructuring
Sterling Bank has announced its approval from the Central Bank of Nigeria, to enable it to restructure as a holding company, sequel to ...
Regulatory
CBN Collaborate with EFInA, Launches framework to advance diversity in financial inclusion
The Central Bank of Nigeria on September 29, 2020, virtually launched the framework of advancing women’s financial inclusion. This was disclosed in an ...
Regulatory
CBN to pursue expansion policies to fight recession
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the bank will pursue expansionary monetary policies to fight recession ...
Regulatory
Five things financial institutions must know before using AI and machine learning to comply with regulations
Machine learning and AI are two of the technologies most frequently used among FinTech and RegTech companies. From boosting regulatory compliance to estimating ...
Regulatory
CBN Cuts Monetary Policy Rate to 11
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has slashed its benchmark monetary policy rate (MPR) to 11.5 per cent, from the ...