News

Nigeria: Naira Firms as Corporate Dollar Demand Eases Amid CBN’s Strategic Support

The Nigerian naira posted modest gains last week against the US dollar, buoyed by subdued corporate demand for foreign exchange and signs of ...

By Regtech AfricaMay 19, 20250

News

Nigeria: Interbank Rates React as Banks Withdraw N1.4 Trillion from CBN Standing Facility

Short-term benchmark interest rates in Nigeria’s money market edged higher last week amid tightening system liquidity, following a significant withdrawal of funds through ...

By Regtech AfricaMay 19, 20250

Angola

Angola: Fitch Maintains Angola’s ‘B-’ Credit Rating with Stable Outlook Amid Structural Challenges and Fiscal Discipline

Fitch Ratings has reaffirmed Angola’s long-term foreign-currency issuer default rating at ‘B-’ with a stable outlook, citing a delicate balance between persistent structural ...

By Regtech AfricaMay 19, 20250

News

Nigeria: Lagos Set to Release Nigeria’s First AI Governance Guidelines—Olatunbosun Alake

Lagos State is on track to lead Nigeria’s artificial intelligence (AI) revolution with the imminent release of the country’s first AI governance guidelines, ...

By Regtech AfricaMay 18, 20250

Nigeria

Nigeria: FCCPC Shuts Down Fraudulent Consumer Protection Entity in Abia State

In a decisive move to safeguard regulatory credibility and protect consumers, the Federal Competition and Consumer Protection Commission (FCCPC), in coordination with law ...

By Regtech AfricaMay 18, 20250

Nigeria

Nigeria: FIRS and RMAFC Establish Joint Committee to Bolster Tax Compliance and Fiscal Governance

In a strategic move aimed at strengthening Nigeria’s fiscal architecture, the Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal ...

By Regtech AfricaMay 18, 20250

Regulatory

Global: ECB Set to Reaffirm Crisis-Era Stimulus Policies Despite Inflation Fallout

The European Central Bank (ECB) is expected to reaffirm its expansive monetary policy strategies from the past decade in an ongoing strategy review, ...

By Regtech AfricaMay 17, 20250

News

Nigeria: Proposed US Remittance Tax May Curtail Nigeria’s FX Inflows and Spur Informal Transfers — CSL

CSL Stockbrokers Limited has warned that a proposed United States (US) legislation imposing a 5% tax on outbound remittances could significantly impact Nigeria’s ...

By Regtech AfricaMay 17, 20250

News

Nigeria: World Bank Projects Inflation to Average 22.1% in 2025, Backed by CBN’s Tight Monetary Policy

The World Bank has projected that Nigeria’s average inflation rate will ease to 22.1% in 2025, citing the Central Bank of Nigeria’s (CBN) ...

By Regtech AfricaMay 16, 20250

Nigeria

Nigeria: Sterling Holdings Shares Dip Amid Regulatory Filing Delays

Sterling Financial Holdings Company Plc experienced a significant decline in market value on Monday, shedding approximately 6% amid high trading volume and regulatory ...

By Regtech AfricaMay 16, 20250

Nigeria: Naira Firms as Corporate Dollar Demand Eases Amid CBN’s Strategic Support

Nigeria: Interbank Rates React as Banks Withdraw N1.4 Trillion from CBN Standing Facility

Angola: Fitch Maintains Angola’s ‘B-’ Credit Rating with Stable Outlook Amid Structural Challenges and Fiscal Discipline

Nigeria: Lagos Set to Release Nigeria’s First AI Governance Guidelines—Olatunbosun Alake

Nigeria: FCCPC Shuts Down Fraudulent Consumer Protection Entity in Abia State

Nigeria: FIRS and RMAFC Establish Joint Committee to Bolster Tax Compliance and Fiscal Governance

Global: ECB Set to Reaffirm Crisis-Era Stimulus Policies Despite Inflation Fallout

Nigeria: Proposed US Remittance Tax May Curtail Nigeria’s FX Inflows and Spur Informal Transfers — CSL

Nigeria: World Bank Projects Inflation to Average 22.1% in 2025, Backed by CBN’s Tight Monetary Policy

Nigeria: Sterling Holdings Shares Dip Amid Regulatory Filing Delays

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