Nigeria

Nigeria: Data Protection Act Essential for Nigeria’s Digital Economic Growth

Dr. Vincent Olatunji, the national commissioner of the Nigeria Data Protection Commission (NDPC), highlighted the pivotal role of the Data Protection Act in ...

By Regtech AfricaJune 22, 20240

Regulatory

Global: Regulators Criticize Living Will Plans of Major U.S. Banks

On Friday, banking regulators revealed weaknesses in the resolution plans of four of the eight largest American banks. The Federal Reserve and the ...

By Regtech AfricaJune 22, 20240

Nigeria

Nigeria: Paradigm Initiative Exposes Website Selling Nigerians’ Personal Data

Paradigm Initiative has uncovered a website illegally selling the personal data of Nigerians online. In a publication titled “Major Data Breach: Sensitive Government ...

By Regtech AfricaJune 22, 20240

Africa

Africa: WIOCC Group Secures Over $50 Million for Digital Expansion in Nigeria, South Africa, and DRC

WIOCC Group has secured over $50 million in financing to support its digital expansion initiatives in Nigeria, South Africa, and the Democratic Republic ...

By Regtech AfricaJune 22, 20240

Congo

DR Congo Biometric National ID Project Faces Cancellation Over Alleged Financial Irregularities

The Democratic Republic of Congo’s biometric national ID project is facing potential cancellation due to alleged financial irregularities. This development comes nearly a ...

By Regtech AfricaJune 22, 20240

Kenya

Kenya Finance Bill 2024 Advances Amid Public Outcry

The Finance Bill 2024, initially presented in parliament in May, has passed its second reading, despite significant public opposition. The bill proposes increased ...

By Regtech AfricaJune 22, 20240

Nigeria

Nigeria: SEC Releases Framework to Support Banking Sector Recapitalisation

In a bid to bolster the Central Bank of Nigeria’s (CBN) recapitalisation programme and achieve its targeted objectives, the Securities and Exchange Commission ...

By Regtech AfricaJune 22, 20240

Nigeria

Nigeria: Inflation Slows in 13 States as CBN Policies Take Effect

Nigeria’s monthly inflation rate has slowed for the third consecutive month, signaling the effectiveness of the Central Bank of Nigeria’s (CBN) monetary policy ...

By Regtech AfricaJune 22, 20240

Regulatory

Global: Blockchain Advocacy Group Raises Privacy Concerns Over IRS Crypto Tax Form

The Chamber of Digital Commerce, a prominent trade association within the blockchain industry, has submitted feedback regarding the United States Internal Revenue Service’s ...

By Regtech AfricaJune 22, 20240

Regulatory

Global: Apple Delays AI Features in EU Due to Digital Markets Act Concerns

Apple has decided to delay the release of several new AI features in the European Union, including Apple Intelligence, iPhone Mirroring, and SharePlay ...

By Regtech AfricaJune 22, 20240

Nigeria: Data Protection Act Essential for Nigeria’s Digital Economic Growth

Global: Regulators Criticize Living Will Plans of Major U.S. Banks

Nigeria: Paradigm Initiative Exposes Website Selling Nigerians’ Personal Data

Africa: WIOCC Group Secures Over $50 Million for Digital Expansion in Nigeria, South Africa, and DRC

DR Congo Biometric National ID Project Faces Cancellation Over Alleged Financial Irregularities

Kenya Finance Bill 2024 Advances Amid Public Outcry

Nigeria: SEC Releases Framework to Support Banking Sector Recapitalisation

Nigeria: Inflation Slows in 13 States as CBN Policies Take Effect

Global: Blockchain Advocacy Group Raises Privacy Concerns Over IRS Crypto Tax Form

Global: Apple Delays AI Features in EU Due to Digital Markets Act Concerns

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