Nigeria
Nigeria to Launch National Credit Guarantee Company to Expand Economic Opportunities
Nigeria is set to establish a National Credit Guarantee Company in May 2025 to bolster lending opportunities for businesses and individuals, President Bola ...
Nigeria
Nigeria: Liquidity Crunch Triggers 261% Rise in Banks’ Borrowings from CBN
In a stark reflection of liquidity challenges within Nigeria’s interbank money market, borrowing by banks from the Central Bank of Nigeria (CBN) surged ...
Regulatory
Global: China Strengthens Oversight of Crypto Trade with New Forex Regulations
China has introduced new foreign exchange (forex) rules requiring domestic banks to enhance monitoring of crypto-related activities, a move aimed at curbing illegal ...
Regulatory
Global: US Crypto Executives Anticipate Regulatory Clarity in 2025
The upcoming year brings new political leadership to the United States, with President-elect Donald Trump and freshmen members of Congress poised to take ...
Nigeria
Nigeria: FG to Launch National Credit Guarantee Company to Boost Financial Inclusion
The Federal Government has announced plans to establish the National Credit Guarantee Company (NCGC), a strategic initiative aimed at enhancing financial inclusion and ...
Nigeria
Nigeria: FG Implements 2024 Withholding Tax Regulations to Modernize Tax System
The Federal Government has officially commenced the implementation of the 2024 Withholding Tax Regulations, marking a significant step towards modernizing Nigeria’s tax framework. ...
Regulatory
Global: Crypto Payments Firm MoonPay Secures MiCA Approval in the Netherlands
On December 30, the implementation phase of the European Union’s Markets in Crypto-Assets (MiCA) framework concluded, enabling authorities to enforce regulations on specific ...
Nigeria
Nigeria: Finance Ministry Inaugurates Anti-Corruption Unit Committee
The Federal Ministry of Finance has officially inaugurated its Anti-Corruption and Transparency Unit (ACTU) Committee to strengthen transparency and accountability within the public ...
Nigeria
Global: Starlink to Launch Direct-to-Cell Services in Ukraine
Ukraine’s largest mobile operator, Kyivstar, has entered into a partnership with Elon Musk’s Starlink to introduce direct-to-cell satellite connectivity. This development was announced ...
Nigeria
Nigeria: CBN, SEC Approve FCMB Group’s ₦147bn Rights Offer
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have granted approval for FCMB Group’s ₦147 billion rights offer, ...