Nigeria
Nigeria: FIRS Engages Industry Stakeholders to Refine E-Invoicing System for Enhanced Tax Compliance
In a strategic move to modernize tax administration and foster voluntary compliance, the Federal Inland Revenue Service (FIRS) has commenced stakeholder consultations on ...
Nigeria
Nigeria: PenCom Bars Pension Operators from Engaging Non-Compliant Vendors Without Valid Pension Clearance
The National Pension Commission (PenCom) has issued a decisive directive to all Licensed Pension Fund Operators (LPFOs), comprising Pension Fund Administrators (PFAs) and ...
Regulatory
Global: Australian Regulator Sues Former Blockchain Global Director Over ACX Exchange Collapse
Australia’s financial watchdog, the Australian Securities and Investments Commission (ASIC), has initiated civil proceedings against Liang “Allan” Guo, the former director of Blockchain ...
Regulatory
Phillipines: SEC Revokes Digido’s License Over Unauthorised Branch Operations
The Securities and Exchange Commission (SEC) has revoked the financing license and corporate registration of Digido Finance Corp., the operator behind popular online ...
Regulatory
Global: U.S. Banking Groups Urge SEC to Repeal Cyber Incident Disclosure Mandate
A coalition of leading U.S. banking associations is urging the Securities and Exchange Commission (SEC) to repeal its rule mandating the disclosure of ...
Nigeria
Nigeria: NCC Mandates Telecom Operators to Notify Consumers of Network Outages and Offer Compensation
The Nigerian Communications Commission (NCC) has issued a new directive requiring all licensed telecommunications operators in the country to publicly notify consumers of ...
Nigeria
Nigeria: SEC Reports N1.1 Trillion Dividend Payouts in 2024 as Capital Market Activity Gains Momentum
The Securities and Exchange Commission (SEC) has announced that publicly listed companies in Nigeria declared a combined N1.1 trillion in dividends to shareholders ...
Nigeria
Nigeria: CAC and NIBSS Launch API-Driven Data Access Platform for Private Sector Compliance and Verification
In a significant step toward enhancing regulatory transparency and private sector interoperability, the Corporate Affairs Commission (CAC) has partnered with the Nigeria Inter-Bank ...
Nigeria
Nigeria: CBN MPC Expected to Hold Interest Rate Steady to Sustain Inflation Moderation
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has commenced its two-day deliberation, with the focus squarely on the direction of ...
Nigeria
Nigeria: FCCPC Shuts Down Fraudulent Consumer Protection Entity in Abia State
In a decisive move to safeguard regulatory credibility and protect consumers, the Federal Competition and Consumer Protection Commission (FCCPC), in coordination with law ...
