Nigeria

Nigerian Exchange Sees N1.06 Trillion Growth as FCMB, LASACO List New Offers

The Nigerian Exchange (NGX) recorded a significant gain of N1.06 trillion following the supplementary listings of FCMB Group Plc and LASACO Assurance Plc. ...

By Regtech AfricaFebruary 2, 20250

Nigeria

Nigeria: NIMC Endorses FIC Professionals Network Plc for the ID4D Ecosystem Enrolment Service

The National Identity Management Commission (NIMC) has granted approval for FIC Professionals Network Plc to join the Identity for Development (ID4D) Ecosystem Enrolment ...

By Regtech AfricaFebruary 2, 20250

Global

Global: EU AI Act: Provisions on Unacceptable Risk Now in Force

On 1 August 2024, the European Union Artificial Intelligence Act (EU AI Act) officially came into force, establishing the world’s first all-encompassing regulatory ...

By Regtech AfricaFebruary 1, 20250

Africa

African Development Bank Teams Up with AXIAN Telecom to Propel Africa’s Digital Future

The African Development Bank (AfDB) has approved a $160 million senior corporate loan to bolster AXIAN Telecom’s ambitious plans to expand digital access ...

By Regtech AfricaFebruary 1, 20250

Cameroon

Cameroon Gains Access to IMF Funds to Boost Economic Growth

The International Monetary Fund (IMF) and Cameroonian authorities have reached a staff-level agreement on the seventh reviews of the Extended Credit Facility (ECF) ...

By Regtech AfricaFebruary 1, 20250

Nigeria

Nigeria Loses 24.6 Million Internet Subscribers in One Year

Between December 2023 and December 2024, Nigeria saw a dramatic drop in active internet users—from 163.8 million down to 139.2 million—according to the ...

By Regtech AfricaFebruary 1, 20250

Nigeria

Nigeria: NAICOM Introduces New Regulatory Guidelines for Annuity Business

The National Insurance Commission (NAICOM) has announced updated regulatory requirements for life insurance companies offering annuity products across the country. An annuity is ...

By Regtech AfricaFebruary 1, 20250

AMA

Heads of State Commit to Concrete Plans to Transform Africa’s Energy Sector, with Strong Backing from Global Partners

WASHINGTON, USA, January, 31 2025 -/African Media Agency (AMA)/- Thirty African Heads of State and governments today committed to concrete reforms and actions ...

By Regtech AfricaFebruary 1, 20250

Nigeria

Global: CBN Projects Diaspora Remittances to Reach N31.787 Trillion

The Central Bank of Nigeria (CBN) has forecasted that diaspora remittances will surge to N31.787 trillion when the fourth-quarter 2024 data is released. ...

By Regtech AfricaJanuary 31, 20250

Nigeria

Nigeria: CBN Enforces Instant Debits on Banks Receiving Fraudulent Funds to Curb Financial Crime

In a decisive effort to combat financial fraud, the Central Bank of Nigeria (CBN) has mandated the Nigeria Inter-Bank Settlement System (NIBSS) to ...

By Regtech AfricaJanuary 31, 20250

Nigerian Exchange Sees N1.06 Trillion Growth as FCMB, LASACO List New Offers

Nigeria: NIMC Endorses FIC Professionals Network Plc for the ID4D Ecosystem Enrolment Service

Global: EU AI Act: Provisions on Unacceptable Risk Now in Force

African Development Bank Teams Up with AXIAN Telecom to Propel Africa’s Digital Future

Cameroon Gains Access to IMF Funds to Boost Economic Growth

Nigeria Loses 24.6 Million Internet Subscribers in One Year

Nigeria: NAICOM Introduces New Regulatory Guidelines for Annuity Business

Heads of State Commit to Concrete Plans to Transform Africa’s Energy Sector, with Strong Backing from Global Partners

Global: CBN Projects Diaspora Remittances to Reach N31.787 Trillion

Nigeria: CBN Enforces Instant Debits on Banks Receiving Fraudulent Funds to Curb Financial Crime

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