Nigeria
Nigeria: Reps Call for Removal of Contentious Sections from Tax Reform Bills
The House of Representatives has called for the removal of contentious clauses in the tax reform bills as the proposed legislation progressed to ...
Nigeria
Nigeria: CBN to Raise N600 Billion Through OMO Bills Auction
The Central Bank of Nigeria (CBN) is set to issue Open Market Operation (OMO) bills worth N600 billion at the primary market auction, ...
Nigeria
Nigeria: ACCI and NAICOM Collaborate to Enhance SME Insurance Awareness
The Abuja Chamber of Commerce and Industry (ACCI), through its National Policy Advocacy Centre (NPAC), has partnered with the National Insurance Commission (NAICOM) ...
Nigeria
Nigeria: CBN Revises ATM Transaction Fees, Sets Implementation Date
The Central Bank of Nigeria (CBN) has announced a revision of transaction fees for Automated Teller Machines (ATMs), with the new charges set ...
Africa
Uganda Appoints New Central Bank Governor, Ending Three-Year Leadership Gap
Uganda has appointed Michael Atingi-Ego as the new Governor of the Bank of Uganda (BoU), filling a three-year leadership void since the passing ...
Fintech
Nigeria: The Rise of cNGN: Opportunities and Challenges for Nigeria’s Stablecoin
The launch of cNGN, Nigeria’s newest stablecoin, marks a significant step toward integrating blockchain technology with the country’s financial ecosystem. As of February ...
Fintech
Global: Datox AI Secures Pre-Seed Investment to Advance RegTech Innovation
UK-based RegTech startup Datox AI, a university spinout dedicated to transforming regulatory compliance, has successfully secured pre-seed funding to accelerate its mission of ...
Fintech
Nigeria: GTBank Eliminates POS Processing Fees to Empower Businesses
Guaranty Trust Bank Ltd. (GTBank) has announced the removal of processing fees on all GTBank Point of Sale (POS) terminals, reinforcing its commitment ...
Fintech
Global: FCA Cracks Down on Misleading Financial Promotions, Nearly Doubling Enforcement Actions
The UK’s Financial Conduct Authority (FCA) took decisive action against nearly 20,000 misleading financial promotions in 2024, almost double the number recorded in ...
Nigeria
Nigerian: Naira Strengthens Against Dollar in Parallel Market
The Naira continued its upward trajectory against the U.S. Dollar in the parallel foreign exchange market, marking a significant appreciation. On Friday, the ...