Nigeria
Nigeria: Senate Calls for Stronger CBN Oversight of Fintech Sector
The Nigerian Senate has called for a more robust regulatory framework that positions the Central Bank of Nigeria (CBN) at the centre of ...
Nigeria
Nigeria: 12 Nigerian States Adopt Tax Harmonisation Law – Oyedele
No fewer than 12 states across Nigeria have enacted the Tax Harmonisation Law recently introduced by the Federal Government as part of ongoing ...
Regulatory
Global: Kraken Becomes First Crypto Firm to Secure Federal Reserve Master Account
Kraken has achieved a major milestone in the digital asset sector after its banking subsidiary, Kraken Financial, became the first cryptocurrency-focused institution to ...
Kenya
Kenya: COMESA Clears Vodacom’s Bid to Acquire Additional 15% Stake in Safaricom
The Common Market for Eastern and Southern Africa (COMESA) Competition and Consumer Commission has approved Vodacom Group’s plan to acquire an additional 15 ...
Nigeria
Nigeria: FG Outlaws Cash Tax Collections, Revenue Roadblocks Under New Tax Framework
The Federal Government has formally banned cash-based tax collections and prohibited the mounting of roadblocks for revenue enforcement, as part of sweeping measures ...
Regulatory
Global: Stablecoins May Undermine Monetary Policy, Warns ECB
The rising adoption of stablecoins could erode retail bank deposits across the euro area and weaken the transmission of monetary policy, according to ...
Kenya
Kenya: How M-Pesa’s Number Masking Update Could Curb Fraud in Kenya
Since its launch in 2007, M-Pesa — operated by Safaricom — has transformed digital payments in Kenya. But with every transfer, fuel payment, ...
Nigeria
Nigeria: NCC Proposes 14-Day Notice Before SIM Deactivation to Strengthen Fraud Controls
In a move aimed at tightening consumer protection and reinforcing Nigeria’s digital identity framework, the Nigerian Communications Commission (NCC) has proposed a mandatory ...
Nigeria
Nigeria: Reps Consider Bill to Create Independent Fintech Regulator
The House of Representatives on Monday convened a public hearing on proposed legislation seeking to establish the Nigerian Fintech Regulatory Commission (NFRC) — ...
Nigeria
Nigeria: NAICOM, NCGC partner to unlock finance for MSMEs, others
The National Insurance Commission has partnered with the National Credit Guarantee Company on ways to expand access to finance for Micro, Small and ...