News

Nigerians Spent N89.5 Trillion via E-Payment Channels in July 2024, NIBSS Reports

The Nigeria Inter-Bank Settlement Systems (NIBSS) has reported that Nigerians conducted electronic transactions worth N89.5 trillion in July 2024, setting a new record ...

By Regtech AfricaSeptember 26, 20240

Nigeria

Nigeria: CBN to Penalize Banks Over ATM Failures, Plans to Inject N1.4 Trillion Into Circulation

The Central Bank of Nigeria (CBN) has announced its decision to impose penalties on banks that fail to dispense cash through their Automated ...

By Regtech AfricaSeptember 26, 20240

Regulatory

Global: FCA Proposes New Safeguarding Rules to Protect Customers When Payment Firms Fail

The Financial Conduct Authority (FCA) is introducing new measures to protect customers in the event that payment and e-money firms go bankrupt, as ...

By Regtech AfricaSeptember 26, 20240

Regulatory

Global: FTC Targets Deceptive AI Projects, Including “AI Lawyer” Services

The U.S. Federal Trade Commission (FTC) has initiated a crackdown on companies accused of misleading consumers with deceptive claims about artificial intelligence (AI), ...

By Regtech AfricaSeptember 26, 20240

Nigeria

Nigeria: CBN Sells US Dollars to BDCs at N77.42 Discount to Stabilize Naira

The Central Bank of Nigeria (CBN) has taken steps to stabilize the exchange rate by offering discounted US dollar sales to Bureau de ...

By Regtech AfricaSeptember 26, 20240

Global

Global: First Abu Dhabi Bank Completes Pilot for Programmable Payments Using JPM Coin

First Abu Dhabi Bank (FAB) has successfully concluded a pilot program leveraging programmable payments via JPM Coin, a digital currency developed through J.P. ...

By Regtech AfricaSeptember 26, 20240

AMA

Africa No Filter launches new guide on how to write about African elections

JOHANNESBURG, South Africa, 25 September 2024 -/African Media Agency(AMA)/- On October 9 Mozambique will go to the polls to elect a new president. Mozambique ...

By Regtech AfricaSeptember 26, 20240

AMA

Libyan Youth at Summit for the Future workshops: Digital tools essential for an inclusive political process in Libya

TRIPOLI, Libya, 25 Septembre 2024 -/African Media Agency(AMA)/- As Heads of State met in New York to attend the Summit for the Future ...

By Regtech AfricaSeptember 26, 20240

News

Nigeria: CBN Increases Interest Rate to 27.25% to Tackle Rising Inflation

The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) to 27.25%, up from 26.75%, in a bid to control ...

By Regtech AfricaSeptember 25, 20240

Regulatory

Nigeria: FEC Approves Tax Committee’s Recommendations, Offers Tax Breaks to Firms

The Federal Executive Council (FEC) has approved the recommendations put forward by the Presidential Committee on Fiscal Policy and Tax Reforms as part ...

By Regtech AfricaSeptember 25, 20240

Nigerians Spent N89.5 Trillion via E-Payment Channels in July 2024, NIBSS Reports

Nigeria: CBN to Penalize Banks Over ATM Failures, Plans to Inject N1.4 Trillion Into Circulation

Global: FCA Proposes New Safeguarding Rules to Protect Customers When Payment Firms Fail

Global: FTC Targets Deceptive AI Projects, Including “AI Lawyer” Services

Nigeria: CBN Sells US Dollars to BDCs at N77.42 Discount to Stabilize Naira

Global: First Abu Dhabi Bank Completes Pilot for Programmable Payments Using JPM Coin

Africa No Filter launches new guide on how to write about African elections

Libyan Youth at Summit for the Future workshops: Digital tools essential for an inclusive political process in Libya

Nigeria: CBN Increases Interest Rate to 27.25% to Tackle Rising Inflation

Nigeria: FEC Approves Tax Committee’s Recommendations, Offers Tax Breaks to Firms

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