News
Global: FDIC Chair Advocates Comprehensive Review of Banking Regulations
Travis Hill, the newly appointed Acting Chair of the Federal Deposit Insurance Corporation (FDIC), has outlined an ambitious agenda to overhaul bank regulations. ...
News
Global: US Withdrawal from WHO Poses Risks to Global Health Mission and Finances – WHO
The World Health Organization (WHO) has raised concerns that the recent executive order by former U.S. President Donald Trump to withdraw the United ...
News
Global: FTC Distributes Over $5 Million in Refunds to Victims of Debt Relief Scam
The Federal Trade Commission (FTC) has initiated the distribution of more than $5 million in refunds to consumers who fell victim to a ...
Nigeria
Nigeria: CBN to Accelerate Reforms in 2025, Aiming for a $1 Trillion Economy
 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to further advancing reforms in critical areas ...
News
Global: FDIC Lawsuit Against Former SVB Executives Signals Increased Focus on Risk Management Oversight
The new administration brings with it a phase of uncertainty surrounding banking regulations and the future of regulatory agencies. While rule-making and enforcement ...
Nigeria
Nigeria: BVN Enrollments Increase by 2.1% to Reach 64.8 Million — NIBSS
The number of Bank Verification Number (BVN) enrollments in Nigeria has seen a 2.1% increase, rising by 1.33 million to reach 64.8 million ...
Nigeria
Nigeria: FG Aims to Boost ICT Contribution to GDP to 21%
The Federal Government of Nigeria has announced plans to increase the Information and Communications Technology (ICT) sector’s contribution to the nation’s Gross Domestic ...
News
Global: Swedish Central Bank Urges Banks to Advance Tips Cross-Currency Payment Initiative
The Riksbank, Sweden’s central bank, has called on Swedish banks to actively participate in the ongoing development of instant cross-currency payments within Europe ...
Nigeria
Nigeria: Naira Strengthens as Foreign Currency Demand Eases
The naira appreciated in the foreign exchange (FX) market as demand for the US dollar waned, bolstered by the Central Bank of Nigeria’s ...
Nigeria
Nigeria: NCC Approves Tariff Adjustments for Telecom Operators
The Nigerian Communications Commission (NCC) has announced its approval of tariff adjustment requests by network operators, leveraging its regulatory authority under Section 108 ...