Nigeria

Nigeria: Seven insurers meet new capital requirements as NAICOM clears 50 firms

The National Insurance Commission (NAICOM) has verified and confirmed seven additional insurance companies as compliant with Nigeria’s new minimum capital requirements, bringing the ...

By Regtech AfricaAugust 14, 20260

Nigeria

Nigeria: PwC outlines penalties for virtual assets tax defaulters

PricewaterhouseCoopers (PwC) has outlined the penalties that could apply to taxpayers and merchants who fail to comply with Nigeria’s emerging virtual assets tax ...

By Regtech AfricaAugust 14, 20260

Nigeria

Nigeria: Tax Ombud strengthens capacity to handle digital asset tax disputes

The Office of the Tax Ombud has expanded its capacity to address emerging tax disputes, including potential complaints linked to the taxation of ...

By Regtech AfricaAugust 14, 20260

Nigeria

Nigeria: SEC launches initiative to help Nigerians recover unclaimed investments

The Securities and Exchange Commission (SEC) has intensified efforts to address the growing challenge of unclaimed investments by launching a nationwide awareness initiative ...

By Regtech AfricaAugust 7, 20260

Fintech

Nigeria: CBN outlines five priorities to accelerate Nigeria’s fintech growth

The Central Bank of Nigeria (CBN) has identified five strategic priorities that will shape the next phase of fintech development in the country, ...

By Regtech AfricaAugust 7, 20260

Nigeria

Nigeria: NITDA drives inter-agency collaboration to advance Nigeria’s National Regulatory Sandbox

The National Information Technology Development Agency (NITDA) has intensified efforts to establish Nigeria’s National Regulatory Sandbox, calling on regulators across key sectors to ...

By Regtech AfricaAugust 7, 20260

News

Nigeria: Zenith Bank confirms customer data breach amid rising cyber threats to Nigeria’s banking sector

Zenith Bank Plc has confirmed that it experienced a cybersecurity incident that resulted in unauthorised access to a limited set of customer information, ...

By Regtech AfricaAugust 7, 20260

Global

Global: Borderless.xyz, Mastercard partner to strengthen trust in cross-border stablecoin payments

Borderless.xyz has partnered with Mastercard to pilot a new framework designed to enhance trust, transparency, and compliance in cross-border stablecoin payments, as digital ...

By Regtech AfricaAugust 6, 20260

Nigeria

Nigeria: NAICOM revokes Nigeria Reinsurance’s licence over recapitalisation non-compliance

The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation after the company failed to meet the statutory Minimum ...

By Regtech AfricaAugust 6, 20260

Nigeria

Nigeria: NDIC says over 98% of Nigerian bank depositors, 281 million accounts protected by deposit insurance

The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed the strength of Nigeria’s financial safety net, disclosing that more than 98 per cent of ...

By Regtech AfricaAugust 6, 20260

Nigeria: Seven insurers meet new capital requirements as NAICOM clears 50 firms

Nigeria: PwC outlines penalties for virtual assets tax defaulters

Nigeria: Tax Ombud strengthens capacity to handle digital asset tax disputes

Nigeria: SEC launches initiative to help Nigerians recover unclaimed investments

Nigeria: CBN outlines five priorities to accelerate Nigeria’s fintech growth

Nigeria: NITDA drives inter-agency collaboration to advance Nigeria’s National Regulatory Sandbox

Nigeria: Zenith Bank confirms customer data breach amid rising cyber threats to Nigeria’s banking sector

Global: Borderless.xyz, Mastercard partner to strengthen trust in cross-border stablecoin payments

Nigeria: NAICOM revokes Nigeria Reinsurance’s licence over recapitalisation non-compliance

Nigeria: NDIC says over 98% of Nigerian bank depositors, 281 million accounts protected by deposit insurance

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