Regulatory

Global: UK Government Targets Late Payments with New Legislation to Support SMEs

The UK government is set to introduce new legislation aimed at tackling late payments, replacing the Prompt Payment Code with a stronger Fair ...

By Regtech AfricaSeptember 22, 20240

News

Nigeria: Mastercard Foundation and World Data Lab Target 10 Million Digital Jobs for Nigerian Youth

The Mastercard Foundation, in collaboration with World Data Lab, has announced a bold initiative to create 10 million dignified digital jobs for young ...

By Regtech AfricaSeptember 22, 20240

Nigeria

Nigeria: CBN Warns Bank CEOs, Chairmen of Immediate Dismissal Over Unpublished Accounts

The Central Bank of Nigeria (CBN) has issued a stern warning to bank Chief Executive Officers (CEOs) and chairmen, mandating that they publish ...

By Regtech AfricaSeptember 22, 20240

News

Nigeria: Keystone Bank Announces New Board Appointments

The Central Bank of Nigeria (CBN) has reconstituted the board of directors at Keystone Bank Limited as part of a strategic effort to ...

By Regtech AfricaSeptember 22, 20240

Nigeria

Nigeria: CBN Maintains 5% Ways and Means Advances to Federal Government

The Central Bank of Nigeria (CBN) has announced that it will continue to limit its Ways and Means Advances to the Federal Government ...

By Regtech AfricaSeptember 22, 20240

Nigeria

Nigeria: CBN Limits BDC Forex Sales to $5,000

The Central Bank of Nigeria (CBN) has capped the amount of foreign exchange cash sales by Bureau de Change (BDC) operators at $5,000 ...

By Regtech AfricaSeptember 21, 20240

States Remit ₦237bn Pension Contributions Over Four Years — PenCom

Regulatory

Nigeria: Outstanding Pension Liabilities to Be Cleared Soon – PenCom DG

The National Pension Commission (PenCom) has assured that the federal government’s outstanding pension liabilities under the Contributory Pension Scheme (CPS) will soon be ...

By Regtech AfricaSeptember 20, 20240

Nigeria

Nigeria: CBN Withdraws Publication of Monetary and Credit Policy Guidelines

The Central Bank of Nigeria (CBN) has withdrawn its recently released Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines due to widespread misinterpretation. ...

By Regtech AfricaSeptember 20, 20240

Nigeria

Nigeria: CBN Projects N50bn from Cybercrime Levy by 2024

The Central Bank of Nigeria (CBN) is expected to generate around N50 billion by the end of 2024 through the newly introduced 0.005% ...

By Regtech AfricaSeptember 20, 20240

Nigeria

Nigeria: FIRS Engages Industry Leaders on Ongoing Tax Reforms

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has discussed Nigeria’s recent tax reforms, engaging with industry leaders to ...

By Regtech AfricaSeptember 20, 20240

Global: UK Government Targets Late Payments with New Legislation to Support SMEs

Nigeria: Mastercard Foundation and World Data Lab Target 10 Million Digital Jobs for Nigerian Youth

Nigeria: CBN Warns Bank CEOs, Chairmen of Immediate Dismissal Over Unpublished Accounts

Nigeria: Keystone Bank Announces New Board Appointments

Nigeria: CBN Maintains 5% Ways and Means Advances to Federal Government

Nigeria: CBN Limits BDC Forex Sales to $5,000

Nigeria: Outstanding Pension Liabilities to Be Cleared Soon – PenCom DG

Nigeria: CBN Withdraws Publication of Monetary and Credit Policy Guidelines

Nigeria: CBN Projects N50bn from Cybercrime Levy by 2024

Nigeria: FIRS Engages Industry Leaders on Ongoing Tax Reforms

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