Nigeria
Nigeria: CBN to Maintain Oversight of Keystone Bank Following Court-Ordered Ownership Transfer
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to managing Keystone Bank Limited after a recent court ruling transferred the bank’s ...
Global
Global: JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations
JPMorgan Chase CEO Jamie Dimon has called for a reassessment of financial regulations governing the banking industry, emphasizing the need for a balanced ...
Nigeria
Nigeria: Naira Rebounds Slightly as CBN Injects $66 Million into Banks
The Nigerian naira made a modest recovery in the foreign exchange market after weeks of downward pressure. On Friday, the naira appreciated by ...
Fintech
Global: South Korea Penalizes JPMorgan, Morgan Stanley, Nomura, and UBS for Short-Selling Violations
South Korea’s Financial Supervisory Service (FSS) has imposed fines on JPMorgan, Morgan Stanley, Nomura, and UBS for breaching short-selling regulations in the domestic ...
Fintech
Global: Mastercard Unveils AI-Powered AML Solution in Asia Pacific
Mastercard has introduced an artificial intelligence-powered anti-money laundering (AML) solution, Trace, in the Asia Pacific region to combat financial crime more effectively. The ...
Nigeria
Nigeria: CBN Calls on Telecom Firms to Manufacture SIM Cards Locally to Ease Forex Pressure
The Central Bank of Nigeria (CBN) has urged telecommunications companies to localize the production of essential components such as SIM cards, cables, and ...
Innovation
Nigeria: CBN Raises N1.4 Trillion from Oversubscribed OMO Bills Auction
The Central Bank of Nigeria (CBN) has successfully raised ₦1.4 trillion through Open Market Operations (OMO) bills in its latest primary market auction. ...
Fintech
Nigerian Crypto Exchange Busha Lists cNGN Stablecoin, Eyes Phased Rollout
Busha, a leading Nigerian cryptocurrency exchange with a provisional license from the country’s Securities and Exchange Commission (SEC), has officially listed the compliant ...
Fintech
South Sudan Launches National Instant Payment System to Boost Financial Inclusion
The Bank of South Sudan (BoSS) has officially launched its first-ever National Instant Payment System (NIPS), three years after its initial proposal. Developed ...
Global
Global: European Commission Withdraws Draft Regulations on Technology Patents, AI Liability, and Consumer Privacy
The European Commission (EC) has officially withdrawn three draft regulations that aimed to govern technology patents, artificial intelligence (AI) liability, and consumer privacy ...
