Global
Global: UK Reappoints Nikhil Rathi as FCA CEO to Advance Regulatory Reform and Innovation Through 2030
In a move that underscores the UK’s commitment to progressive financial regulation and innovation, Chancellor Rachel Reeves has officially reappointed Nikhil Rathi as ...
Global
Global: CFTC Issues Clarification on Regulatory Classification of Foreign Exchange Products
The U.S. Commodity Futures Trading Commission (CFTC) has issued an interpretive letter aimed at providing greater regulatory clarity on the classification of certain ...
Fintech
Global: Block Fined $40M for AML and Compliance Failures on Cash App Platform
Digital payments firm Block Inc. has agreed to pay a $40 million penalty following regulatory action by the New York Department of Financial ...
Innovation
Nigeria: Zinox Technologies and TETFUND Forge Strategic Partnership to Advance Innovation and Renewable Energy in Nigeria’s Tertiary Institutions
In a landmark move to bolster technological transformation and sustainable development in Nigeria’s higher education sector, Zinox Technologies has partnered with the Tertiary ...
Fintech
Nigeria: Verve Scales Contactless Payment Acceptance to Accelerate Financial Inclusion in Nigeria
Verve, a leading digital payment brand, has broadened its contactless payment acceptance across Nigeria as part of its strategic push to enhance financial ...
Nigeria
Nigeria: Afreximbank Injects $50bn into Nigeria’s Economy, Powers Key Sectors and Trade Expansion
In a major stride toward deepening Nigeria’s economic transformation, the African Export-Import Bank (Afreximbank) has disbursed over $50 billion into the Nigerian economy ...
Fintech
Regulated Blockchain: The Next Frontier for Financial Services Transformation in Africa — Insights from Zone CEO Obi Emetarom
As Africa’s financial landscape rapidly evolves, a new chapter is emerging—one driven by the convergence of blockchain technology, digital payments, and regulatory innovation. ...
News
Nigeria Achieves $6.83bn Balance of Payments Surplus in 2024 – CBN
The Central Bank of Nigeria (CBN) has reported a significant Balance of Payments (BOP) surplus of $6.83 billion for the 2024 fiscal year, ...
News
Nigeria: CBN Raises Interest Rates on Treasury Bills Amid Strong Investor Demand, Falls Short on Allotment
The Central Bank of Nigeria (CBN), in collaboration with the Debt Management Office (DMO), has increased interest rates on Nigerian Treasury Bills (NTBs) ...
Fintech
Morocco’s PayTic Secures $4.4M to Scale Compliance-Driven SaaS Platform for Payment Operations Across MEA
PayTic, a rising RegTech startup based in Morocco, has raised $4.4 million in fresh funding to bolster its compliance automation platform and expand ...
