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

Global

Amazon’s CEO tells investors ‘you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit

Jeff Bezos: ‘We are inspired by all the essential workers we see doing their jobs — nurses and doctors, grocery store cashiers, police ...

By Regtech AfricaMay 3, 20200

Kenya

Kenya mortgage laws review to pave the way for pension house loans

The pension industry regulator says mortgage loans regulations are undergoing a review to allow scheme members to use a slice of savings to ...

By Regtech AfricaMay 3, 20200

Kenya

Kenya Revenue Authority gets back powers to spy on tax evaders

The Kenya Revenue Authority (KRA) has regained powers to seek workers’ and businesses’ financial transactions from third parties like banks, mobile telephone firms ...

By Regtech AfricaMay 3, 20200