News

Fidelity Bank to Raise Capital via Private Placement

Fidelity Bank Plc (Ticker: FIDELITYBK) has signalled interest in issuing private placement as part of an effort to strengthen the tier-2 capital lender’s ...

By Regtech AfricaSeptember 8, 20220

News

KPMG Sued for $830 mln over ‘Appalling’ Audit

KPMG has been accused of “appalling” audit work that allowed a US-listed Chinese biotechnology company to carry out a “brazen” $400 million (€403 ...

By Regtech AfricaSeptember 8, 20220

Nigeria

NIN-SIM linkage pushes inactive mobile lines to 98.8 million in July 2022

A total of 98.8 million mobile lines connected to the networks of MTN, Glo, Airtel, and 9mobile have become inactive as of July ...

By Regtech AfricaSeptember 8, 20220

Global

Global: South Korean regulators to prepare guidelines for security tokens in 2022

Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox ...

By Regtech AfricaSeptember 8, 20220

Regulatory

Not SEC, But U.S. CFTC Likely to Be the Lead Regulator for Cryptocurrencies

As the U.S. regulatory agencies remain undecided on who should be having an upper hand in regulating the crypto market, the Commodities and ...

By Regtech AfricaSeptember 8, 20220

News

Nigeria: CBN moves against defaulting Anchor Borrowers

The Central Bank of Nigeria (CBN) has moved against beneficiaries of its Anchor Borrowers Programme who have failed to pay back their loans. ...

By Regtech AfricaSeptember 7, 20220

News

Uganda: Airtel Uganda Partners With Microsoft and MC3 to Improve SMEs

Airtel Uganda Limited is a mobile communications and information technology services provider in Uganda and it recently partnered with Microsoft & MC3 to improve the productivity of ...

By Regtech AfricaSeptember 7, 20220

Africa

Africa: Nigeria, Ghana, Others Fintech Sales to Surge to $30.3bn By 2025 – Mckinsey

Africa’s financial-technology company revenue may soar to $30.3 billion by 2025, eight times higher than in 2020, as a growing, young and under-banked ...

By Regtech AfricaSeptember 7, 20220

News

Nigeria: Banks’ Total Asset Grew By 22.07 Percent to N65trn in June – CBN

The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and the Deputy Governor, Economic Policy ...

By Regtech AfricaSeptember 7, 20220

Nigeria

Nigeria: PenCom Revises Regulation on Retirement, Terminal Benefits (II)

As reported on this page last week, the National Pension Commission (PenCom) recently issued a revised Regulation on Retirement and Terminal Benefits for ...

By Regtech AfricaSeptember 7, 20220

Fidelity Bank to Raise Capital via Private Placement

KPMG Sued for $830 mln over ‘Appalling’ Audit

NIN-SIM linkage pushes inactive mobile lines to 98.8 million in July 2022

Global: South Korean regulators to prepare guidelines for security tokens in 2022

Not SEC, But U.S. CFTC Likely to Be the Lead Regulator for Cryptocurrencies

Nigeria: CBN moves against defaulting Anchor Borrowers

Uganda: Airtel Uganda Partners With Microsoft and MC3 to Improve SMEs

Africa: Nigeria, Ghana, Others Fintech Sales to Surge to $30.3bn By 2025 – Mckinsey

Nigeria: Banks’ Total Asset Grew By 22.07 Percent to N65trn in June – CBN

Nigeria: PenCom Revises Regulation on Retirement, Terminal Benefits (II)

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