Fintech

Global: Wise Penalized Over $2 Million by CFPB for Misleading Fee Disclosures

Global money transfer platform Wise has been ordered to pay $2.025 million in penalties by the Consumer Financial Protection Bureau (CFPB) for misleading ...

By Regtech AfricaJanuary 31, 20250

Fintech

Global: Cedar Money Secures $9.9M to Enhance Stablecoin-Powered Cross-Border Payments

Cedar Money, a cross-border stablecoin payments platform, has raised $9.9 million in a seed funding round led by QED Investors. The round also ...

By Regtech AfricaJanuary 31, 20250

Nigeria

Nigeria: CBN’s Policies Averted 42.81% Inflation in 2024 – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that without the bank’s policy interventions, inflation could have surged ...

By Regtech AfricaJanuary 31, 20250

Fintech

Global: LemFi Expands European Footprint with Acquisition of Irish Currency Exchange Bureau Buttercrane

LemFi, a leading financial technology company specializing in global accounts, money transfers, and currency conversion for immigrants, has secured regulatory approval from the ...

By Regtech AfricaJanuary 31, 20250

AMA

Their Majesties Ogiame Atuwatse III and Olori Atuwatse III Host Senator Fanny Moussokoura Chantal in a Landmark Visit to Warri Kingdom

WARRI, Nigeria, 30 January 2025 -/African Media Agency(AMA)/- The Warri Kingdom recently welcomed an extraordinary visit by Her Excellency Senator Fanny Moussokoura Chantal, Deputy ...

By Regtech AfricaJanuary 31, 20250

AMA

Groundbreaking Launch of OceanX and OceanQuest “Around Africa Expedition” to Advance Ocean Science

SOUTH AFRICA, Cape Town, 30 January 2025 -/African Media Agency(AMA)/ – Today marks the launch of the “Around Africa Expedition”, a pioneering four-month ...

By Regtech AfricaJanuary 31, 20250

Nigeria

Nigerian Government Set to Generate N1.6tn from Telecom Tariff Hike – GSMA

The recent 50% telecom tariff increase approved by the Nigerian Communications Commission (NCC) is projected to generate N1.6 trillion in tax revenue while ...

By Regtech AfricaJanuary 30, 20250

$NGX REGCO, EFCC Strengthen Collaboration to Tackle Capital Market Infractions$

Nigeria

Nigeria: NGX REGCO, EFCC Strengthen Collaboration to Tackle Capital Market Infractions

In a strategic move to enhance market surveillance and combat financial crimes, NGX Regulation Limited (NGX RegCo), the independent regulatory arm of the ...

By Regtech AfricaJanuary 30, 20250

Nigeria

Nigeria Clears $7bn FX Backlog, Boosting Investor Confidence – CBN Governor Cardoso

In a major policy move aimed at enhancing foreign exchange liquidity and restoring investor confidence, the Central Bank of Nigeria (CBN) has successfully ...

By Regtech AfricaJanuary 30, 20250

Nigeria

Nigeria’s Recapitalisation Policy Set to Reshape Banking Sector with Potential Mergers

Nigeria’s banking sector is poised for a significant transformation as new recapitalisation requirements introduced by the Central Bank of Nigeria (CBN) may drive ...

By Regtech AfricaJanuary 30, 20250

Global: Wise Penalized Over $2 Million by CFPB for Misleading Fee Disclosures

Global: Cedar Money Secures $9.9M to Enhance Stablecoin-Powered Cross-Border Payments

Nigeria: CBN’s Policies Averted 42.81% Inflation in 2024 – Cardoso

Global: LemFi Expands European Footprint with Acquisition of Irish Currency Exchange Bureau Buttercrane

Their Majesties Ogiame Atuwatse III and Olori Atuwatse III Host Senator Fanny Moussokoura Chantal in a Landmark Visit to Warri Kingdom

Groundbreaking Launch of OceanX and OceanQuest “Around Africa Expedition” to Advance Ocean Science

Nigerian Government Set to Generate N1.6tn from Telecom Tariff Hike – GSMA

Nigeria: NGX REGCO, EFCC Strengthen Collaboration to Tackle Capital Market Infractions

Nigeria Clears $7bn FX Backlog, Boosting Investor Confidence – CBN Governor Cardoso

Nigeria’s Recapitalisation Policy Set to Reshape Banking Sector with Potential Mergers

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