Nigeria

FG Rakes in 8Bn from Banks’ IT Levies

Eleven Nigerian banks paid about N8.08bn Information Technology-related levies to the government in 2019, the audited financial reports of the banks have shown. ...

By Regtech AfricaMay 7, 20200

Botswana

Botswana’s central bank reduces the base interest rate to 4.25%

Botswana’s central bank reduced its benchmark interest rate by 50 basis points to 4.25 per cent as part of a number of measures ...

By Regtech AfricaMay 7, 20200

Nigeria

Meeting needs when it matters: NAICOM Partners FITC on post crisis impact on the Insurance industry

The COVID-19 pandemic has thrown significant challenges to businesses across the globe. The impact of this devastating crisis brought by the pandemic affects ...

By Regtech AfricaMay 5, 20200

Nigeria

Ecobank posts $90million Profit Before Tax in Q1 2020

Ecobank posts $90million Profit Before Tax in Q1 2020 – Ecobank Nigeria Limited has recorded $90 million Profit Before Tax (PBT) in the first quarter ...

By Regtech AfricaMay 5, 20200

Nigeria

NIRSAL Microfinance Bank begins CBN N50bn COVID-19 facility disbursement

NIRSAL Microfinance Bank, NMFB, has commenced the disbursement of the Central Bank of Nigeria, CBN, N50 billion COVID-19 facility to beneficiaries. The Managing ...

By Regtech AfricaMay 5, 20200

Nigeria

Buhari appoints Thomas as Commissioner for Insurance/CEO NAICOM

President Buhari has approved the appointment of Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM), the finance ...

By Regtech AfricaMay 5, 20200

Nigeria

UBA Delivers Impressive Returns on Investment, as Shareholders Applaud Bank’s Support in Fight against COVID-19

In his opening statement. UBA’s Group Chairman, Tony O. Elumelu, noted that this was a very special meeting, held in extraordinary circumstances. Leading ...

By Regtech AfricaMay 3, 20200

Global

The impact of coronavirus on vessel traffic and the International shipping industry

The shipping industry experienced major disruptions in Q1 of 2020 due to both the Coronavirus and the crude oil price crash. As major ...

By Regtech AfricaMay 3, 20200

Nigeria

FIRS Gives Deadline on Tax Interests, Penalties Waiver

Federal Inland Revenue Service (FIRS) is to waive interests accruable to debts as well as the related penalties for defaulting taxpayers if they ...

By Regtech AfricaMay 3, 20200

Africa

Catalyst Fund welcomes four African investors into its exclusive fintech fold

Catalyst Fund, the global inclusive fintech accelerator managed by BFA Global, today welcomed six leading fintech investment firms into its fold which already ...

By Regtech AfricaMay 3, 20200