Nigeria

Nigeria: Money Market Rates Surge Amid Liquidity Squeeze Due to CRR Debits

Money market rates surged to double-digit highs this week, driven by a liquidity squeeze in the banking sector. Opening with a liquidity deficit ...

By Regtech AfricaNovember 13, 20240

News

Nigeria: Federal Government to Begin Clearing Pension Backlog Next Week – Finance Minister Edun

The Federal Government of Nigeria will begin addressing the backlog of pension payments under the Contributory Pension Scheme (CPS) next week, according to ...

By Regtech AfricaNovember 13, 20240

Nigeria

Nigeria: Lotus Bank Achieves CBN’s Minimum Capital Requirement Ahead of New Mandate

Lotus Bank Limited, Nigeria’s pioneering non-interest bank, has confirmed it has met the Central Bank of Nigeria’s (CBN) updated minimum capital requirement for ...

By Regtech AfricaNovember 13, 20240

Regulatory

Global: UK Financial Regulators Establish New Rules for Oversight of Critical Third-Party Tech Providers

The UK’s financial regulators have announced new measures for overseeing third-party technology providers that are critical to the financial sector. The move by ...

By Regtech AfricaNovember 13, 20240

Regulatory

Global: EU Regulators Warn Apple Over Geo-Blocking Practices

The European Commission and the Consumer Protection Cooperation Network have issued a warning to Apple, demanding that it address geo-blocking practices affecting certain ...

By Regtech AfricaNovember 13, 20240

News

Nigeria: Naira Drops to N1,690/$ as FX Market Intervention Declines

The Nigerian naira fell further against the US dollar in the autonomous foreign exchange (FX) market, reaching approximately N1,690 per dollar on Tuesday. ...

By Regtech AfricaNovember 13, 20240

AMA

12 Years of Success: JustMarkets’ Brightest Highlights

CAPE TOWN, South Africa, 12 November 2024-/African Media Agency(AMA)/- With 12 years of reliability, safety, and trust under its belt, JustMarkets has earned a leading place in ...

By Regtech AfricaNovember 13, 20240

Ghana

Ghana: Bank of Ghana Directs Financial Institutions to Pause Remittance Partnerships with Taptap Send

The Bank of Ghana (BoG) has instructed all financial institutions, including commercial banks, Dedicated Electronic Money Issuers, and Enhanced Payment Service Providers, to ...

By Regtech AfricaNovember 12, 20240

AMA

IOM Chief: Urgent Global Unified Climate Strategic Solutions Needed to Help People Stay

GENEVA, Switzerland, 11th November 2024-/African Media Agency(AMA)/- As world leaders gather at the 29th session of the Conference of the Parties (COP29), the International Organization for ...

By Regtech AfricaNovember 12, 20240

Egypt

Egypt’s FRA Strengthens Policies to Boost Efficiency and Competitiveness in Insurance Sector

Mohamed Farid, Chairperson of Egypt’s Financial Regulatory Authority (FRA), delivered the keynote address at the sixth annual Insurance and Reinsurance Forum in Sharm ...

By Regtech AfricaNovember 11, 20240

Nigeria: Money Market Rates Surge Amid Liquidity Squeeze Due to CRR Debits

Nigeria: Federal Government to Begin Clearing Pension Backlog Next Week – Finance Minister Edun

Nigeria: Lotus Bank Achieves CBN’s Minimum Capital Requirement Ahead of New Mandate

Global: UK Financial Regulators Establish New Rules for Oversight of Critical Third-Party Tech Providers

Global: EU Regulators Warn Apple Over Geo-Blocking Practices

Nigeria: Naira Drops to N1,690/$ as FX Market Intervention Declines

12 Years of Success: JustMarkets’ Brightest Highlights

Ghana: Bank of Ghana Directs Financial Institutions to Pause Remittance Partnerships with Taptap Send

IOM Chief: Urgent Global Unified Climate Strategic Solutions Needed to Help People Stay

Egypt’s FRA Strengthens Policies to Boost Efficiency and Competitiveness in Insurance Sector

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