FX Debt Cleared in Most Banks, Only Five Still Outstanding -CBN Governor

News

Nigeria: Federal Government Implements Measures to Combat Inflation as CBN Undertakes N5 Trillion Cash Mop-Up

The Federal Government’s concerted efforts to mitigate the rising inflationary pressures entail the Central Bank of Nigeria (CBN) executing a significant cash mop-up ...

By Regtech AfricaMarch 4, 20240

Regulatory

Global: New Zealand Central Bank Enforces Swift Cyber Incident Reporting Rules Throughout 2024

The Reserve Bank of New Zealand (RBNZ) has mandated that banks report significant cyber incidents within 72 hours as it introduces a phased ...

By Regtech AfricaMarch 4, 20240

Nigeria

Nigerian House of Representatives Summons Binance CEO Over Money Laundering Concerns

The Committee on Financial Crimes of the Nigerian House of Representatives has issued a summons to Binance CEO, Richard Teng, to appear before ...

By Regtech AfricaMarch 4, 20240

Regulatory

Global: Paytm Business Bank Penalized for Money Laundering; Faces Regulatory Scrutiny

Indian regulator Financial Intelligence Unit has imposed a fine of 55 million rupees (approximately $663,000) on Paytm’s banking business over money laundering allegations. ...

By Regtech AfricaMarch 4, 20240

Regulatory

Global: Final Approval Required for EU-Government Digital Identity Wallets

The European Union has given substantial approval to legislation that paves the way for residents to have digital ID wallets without relying on ...

By Regtech AfricaMarch 3, 20240

CBN Announces N1.64 Trillion Treasury Bill Offering for Q2 2024

Nigeria

Nigerian Government Denies $10 Billion Binance Fine Reports

A representative of the Nigerian government has dismissed speculation surrounding a reported $10 billion fine for the cryptocurrency exchange Binance. Bayo Onanuga, a ...

By Regtech AfricaMarch 3, 20240

News

Nigeria: CBN Announces N1.64 Trillion Treasury Bill Offering for Q2 2024

The Central Bank of Nigeria (CBN) has disclosed its intention to conduct the sale of treasury bills amounting to N1.64 trillion during the ...

By Regtech AfricaMarch 3, 20240

Nigeria

Nigeria: CBN Revokes Licenses of 4,173 BDCs for Regulatory Violations

In a significant move to enhance regulatory compliance in the local currency market, the Central Bank of Nigeria (CBN) has invalidated the licenses ...

By Regtech AfricaMarch 3, 20240

News

Nigeria: CBN Governor Explains Interest Rate Hike Amid Inflationary Pressures

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), clarified the recent increase in interest rates, citing it as a response ...

By Regtech AfricaMarch 2, 20240

CBN Prohibits Commercial Banks and Others from Owning BDCs, Raises License Fee

Nigeria

Nigeria: CBN Governor Affirms Naira as Grossly Undervalued, Vows Aggressive Regulatory Measures

Mr. Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), declared that the Naira is significantly undervalued, expressing concerns about the ...

By Regtech AfricaMarch 2, 20240

Nigeria: Federal Government Implements Measures to Combat Inflation as CBN Undertakes N5 Trillion Cash Mop-Up

Global: New Zealand Central Bank Enforces Swift Cyber Incident Reporting Rules Throughout 2024

Nigerian House of Representatives Summons Binance CEO Over Money Laundering Concerns

Global: Paytm Business Bank Penalized for Money Laundering; Faces Regulatory Scrutiny

Global: Final Approval Required for EU-Government Digital Identity Wallets

Nigerian Government Denies $10 Billion Binance Fine Reports

Nigeria: CBN Announces N1.64 Trillion Treasury Bill Offering for Q2 2024

Nigeria: CBN Revokes Licenses of 4,173 BDCs for Regulatory Violations

Nigeria: CBN Governor Explains Interest Rate Hike Amid Inflationary Pressures

Nigeria: CBN Governor Affirms Naira as Grossly Undervalued, Vows Aggressive Regulatory Measures

Sponsored

Company

Resource

Popular Posts

Nigeria: First Pension Custodian completes acquisition of Access Pension Fund Custodian

Versa Launches an Alternative to Fixed Deposits in Partnership with Affin Hwang

Tanzania: Tigo Pesa partners BoA to Launch ‘Kibubu’

Ghana: Complete Biometric Stage of SIM Card Registration Process – Chamber of Telecommunications

Posts navigation

Sponsored

Popular Posts