Nigeria
Nigeria: CBN Strengthens Regulatory Oversight on BDCs with New AML Compliance Checks
The Central Bank of Nigeria (CBN) has issued a stern directive to Bureau De Change (BDC) operators nationwide, emphasizing strict adherence to anti-money ...
Egypt
DPI Acquires Egypt’s include Fintech Fund to Bolster Africa-Focused Investment Strategy
Development Partners International (DPI), a UK-based venture capital firm, has officially acquired Nclude, Egypt’s leading fintech-focused fund established by Global Ventures. This strategic ...
Nigeria
Nigeria’s SEC Cracks Down on Influencer Promotions of Unlicensed Digital Asset Platforms and Meme Coins
Nigeria’s Securities and Exchange Commission (SEC) has issued a strong warning to celebrities and social media influencers, urging them to desist from promoting ...
Global
Global: Ireland Launches GDPR Probe into X Over Use of Personal Data for AI Training
The Irish Data Protection Commission (DPC) has launched a formal investigation into X (formerly Twitter) over potential violations of the EU General Data ...
Innovation
Central Bank of Kenya Ends Decade-Long Ban on New Banking Licences to Strengthen Regulatory Framework
The Central Bank of Kenya (CBK) has officially lifted its 10-year moratorium on the licensing of new commercial banks, signaling a renewed phase ...
Fintech
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
In a significant step toward transforming global payment systems, five central banks collaborating on Project Nexus—an initiative by the Bank for International Settlements ...
Innovation
Global: BNY Enhances Regulatory Compliance Monitoring with Behavox Quantum AI Solution
In a strategic move to bolster its regulatory compliance framework, BNY has implemented Behavox Quantum—an advanced AI-driven platform for monitoring electronic and voice ...
Global
Global: Big Tech Tax Practices Under Scrutiny as “Silicon Six” Accused of Dodging $278 Billion Over a Decade
A new report by the UK-based nonprofit Fair Tax Foundation (FTF) has ignited a global debate on corporate tax compliance and regulatory accountability, ...
Fintech
Stitch Raises $55M to Scale RegTech-Compliant Payment Solutions Across Africa
South African fintech innovator Stitch has secured $55 million in its latest funding round, reinforcing its mission to revolutionize Africa’s payments infrastructure with ...
Nigeria
Nigerian Banks Generate Record ₦674 Billion from E-Payments as Digital Transactions Soar
Nigeria’s top financial institutions are reshaping the future of banking with record earnings from electronic payments, generating a combined ₦674 billion ($419.7 million) ...
