Nigeria

Nigeria: Senate Urges NDIC to Maximize Heritage Bank’s Asset Value for Depositors

The Nigerian Senate has urged the Nigeria Deposit Insurance Corporation (NDIC) to ensure the highest possible value is realized from the remaining assets ...

By Regtech AfricaOctober 28, 20240

Nigeria

Nigeria: SEC DG to Address Capital Market’s Role in Wealth Creation at Upcoming Summit

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, is set to headline the 13th Annual Conference of the Institute ...

By Regtech AfricaOctober 28, 20240

Regulatory

Global: BIS’s Project Mandala Proves Feasibility of Automated Cross-Border Compliance Using Zero-Knowledge Proofs

Project Mandala, led by the Bank for International Settlements (BIS) and partnered with central banks from multiple nations, is showcasing how automated compliance ...

By Regtech AfricaOctober 28, 20240

Nigeria

Nigerian Banking Sector Achieves N7.91 Trillion Market Cap Amid New Recapitalization Wave

Nigerian bank stocks on the Nigerian Exchange Limited (NGX) reached a market capitalization of N7.91 trillion as of Friday’s close, fueled by renewed ...

By Regtech AfricaOctober 28, 20240

Regulatory

Global: Bank of England Advocates for Retail CBDC to Bridge Innovation Gap in Banking

Bank of England Governor Andrew Bailey has reiterated his support for a retail central bank digital currency (CBDC), emphasizing that central banks may ...

By Regtech AfricaOctober 28, 20240

News

Nigeria: Money Market Rates Fall as FAAC Inflows Improve System Liquidity

Money market rates, specifically the overnight lending rate and open repo rate, declined this week, supported by inflows from the Federal Accounts Allocation ...

By Regtech AfricaOctober 28, 20240

Nigeria

Nigeria: Cardoso Reports Active Consultations to Remove Nigeria from FATF Money Laundering Watchlist

The Central Bank of Nigeria (CBN) announced on Saturday that it has been engaged in consultations since February 2023 to secure Nigeria’s removal ...

By Regtech AfricaOctober 28, 20240

Thought Leadership

Automating Compliance in Africa: Streamlining Success in a Complex Landscape

As regulatory demands intensify across African markets, businesses are increasingly adopting automated compliance solutions to streamline their processes, mitigate costs, and ensure adherence ...

By Regtech AfricaOctober 28, 20240

News

Nigeria: Starlink Pauses Price Increase in Nigeria Amid Regulatory Scrutiny

Starlink has announced a temporary suspension of its recent price hike in Nigeria as it addresses ongoing regulatory issues. “Last month, we increased ...

By Regtech AfricaOctober 26, 20240

Nigeria

Nigeria: Rebasing Nigeria’s Economy to Enhance Data Accuracy – NBS

The National Bureau of Statistics (NBS) has announced that its planned rebasing of Nigeria’s Gross Domestic Product (GDP) will provide a more accurate ...

By Regtech AfricaOctober 26, 20240

Nigeria: Senate Urges NDIC to Maximize Heritage Bank’s Asset Value for Depositors

Nigeria: SEC DG to Address Capital Market’s Role in Wealth Creation at Upcoming Summit

Global: BIS’s Project Mandala Proves Feasibility of Automated Cross-Border Compliance Using Zero-Knowledge Proofs

Nigerian Banking Sector Achieves N7.91 Trillion Market Cap Amid New Recapitalization Wave

Global: Bank of England Advocates for Retail CBDC to Bridge Innovation Gap in Banking

Nigeria: Money Market Rates Fall as FAAC Inflows Improve System Liquidity

Nigeria: Cardoso Reports Active Consultations to Remove Nigeria from FATF Money Laundering Watchlist

Automating Compliance in Africa: Streamlining Success in a Complex Landscape

Nigeria: Starlink Pauses Price Increase in Nigeria Amid Regulatory Scrutiny

Nigeria: Rebasing Nigeria’s Economy to Enhance Data Accuracy – NBS

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