Nigeria
Nigeria: SEC to Introduce Enhanced Borrowing Rules for Governments and Corporations
The Securities and Exchange Commission (SEC) has unveiled plans to improve regulations governing borrowing practices for both government entities and corporations in Nigeria. ...
Kenya
Kenya’s Telecom Regulator to Increase Satellite ISP Licensing Fees by Over 800%
Kenya’s Communications Authority (CA) has proposed a dramatic increase in the 15-year licensing fees for satellite Internet providers (ISPs), raising the cost from ...
Nigeria
Nigeria: CBN: Driving Economic Growth Through Financial Market Stability
The year 2024 will be remembered as a challenging one for Nigerians, marked by a 34.6% inflation rate that strained the socio-economic well-being ...
Regulatory
Global: Bank of England Plans to Ease Regulations for Banks and Insurers
The Bank of England has announced plans to ease regulatory requirements for banks and insurers in a move aimed at balancing financial resilience ...
Regulatory
Global: CFPB Designates Financial Data Exchange as Standard-Setter for Open Banking
The Consumer Financial Protection Bureau (CFPB) has officially recognized Financial Data Exchange (FDX) as an authorized standard-setting body, empowering it to establish standards ...
Nigeria
Nigeria: CBN Reports Drop in FX Utilisation Amid Decline in Invisible Transactions
The Central Bank of Nigeria (CBN) has reported a significant reduction in foreign exchange (FX) utilization during the third quarter of 2024, primarily ...
Nigeria
Nigeria: Telecom Tariffs Hike Won’t Reach 100%, Minister Assures
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has clarified that upcoming telecom tariff increases will not reach the 100% ...
Regulatory
Global: UK Competition Authority Targets Big Tech with New Investigations
The United Kingdom’s Competition and Markets Authority (CMA) is initiating fresh investigations into major tech companies under its newly established legal framework, the ...
Nigeria
Nigeria: SEC Enhances Investigative Processes, Intensifies Focus on Insider Trading
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to investor protection and strengthening the Nigerian capital market through revamped investigative and ...
Nigeria
Nigeria: NCC, Telcos to Channel Tariff Hike Revenue into Infrastructure Upgrades
Nigerian mobile network operators have committed to utilizing proceeds from a proposed 100% tariff increase for significant infrastructure upgrades and service quality improvements. ...
