Kenya
Kenya proposes up to $1.93m capital requirement for payment firms
Kenya is proposing new minimum capital requirements of up to KES 250 million ($1.93 million) for payment companies, a move that could raise ...
Nigeria
Nigeria: SEC sets October 15 deadline for sustainability reporting plans
The Securities and Exchange Commission (SEC) has directed all public companies and significant public-interest capital market operators to submit implementation plans for adopting ...
News
Nigeria: NGX widens capital market access through WhatsApp investment channel
Nigerian Exchange Group Plc has expanded access to its NGX Invest platform with the launch of a dedicated WhatsApp subscription channel, giving retail ...
Nigeria
Nigeria: LCCI urges banks to lower lending rates after CBN cut
The Lagos Chamber of Commerce and Industry (LCCI) has urged commercial banks to reduce lending rates and expand credit to businesses following the ...
Ghana
Ghana: BoG weighs policy rate decision as inflation, external risks rise
The Bank of Ghana (BoG) is weighing whether to maintain its 14% Monetary Policy Rate as rising inflation, higher global energy prices and ...
Ghana
Ghana: GRA seeks new tax strategy as digital businesses and telecoms expand
The Ghana Revenue Authority (GRA) has called for a review of Ghana’s tax approach to keep pace with the rapid expansion of the ...
Ghana
Ghana: BoG warns Ghana’s reserves face pressure as inflation climbs to 5%
Ghana’s gross international reserves currently provide about 4.2 months of import cover, but the Bank of Ghana (BoG) has warned that the country’s ...
Nigeria
Nigeria: Tax Ombud prepares for digital asset complaints, seeks wider public engagement
The Office of the Tax Ombud has reaffirmed its commitment to promoting fairness, transparency and accountability in Nigeria’s tax system as it strengthens ...
News
Nigeria: Financial institutions urged to strengthen cybersecurity, data governance
Financial institutions, regulators, technology providers and law-enforcement agencies have been urged to strengthen cybersecurity, data governance and internal controls as emerging technologies continue ...
Nigeria
Nigeria: SEC moves to tighten online forex trading rules
The Securities and Exchange Commission (SEC) is set to engage stakeholders on proposed rules for online forex trading and contracts for differences (CFDs) ...
