Nigeria

Nigeria: House of Representatives to Summon CBN Governor, Bank CEOs Over Unverified POS Operators

The House of Representatives has resolved to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, alongside the Chief Executive ...

By Regtech AfricaNovember 28, 20240

News

Nigeria: CBN Intervenes with $48 Million Sale to Defend the Naira

The Central Bank of Nigeria (CBN) has sold $48 million to authorized dealer banks in its ongoing efforts to stabilize the naira and ...

By Regtech AfricaNovember 28, 20240

AMA

IOM Convenes Global Dialogue on Safe Migration Pathways for a Greener Future

The second session of the IDM will be held under the theme Finding Balance in Regular Migration Pathways Solutions to driving Sustainable Development ...

By Regtech AfricaNovember 28, 20240

News

Nigeria: SEC Assures Investors of Fund Safety Amid Fintech Growth

The Securities and Exchange Commission (SEC) has reassured investors of the safety of their funds as financial technology (Fintech) reshapes Nigeria’s investment landscape. ...

By Regtech AfricaNovember 27, 20240

Nigeria

Nigeria: PenCom Launches E-Pension Clearance Certificate Application Portal for Employers

The National Pension Commission (PenCom) has introduced a fully automated online platform for employers to apply for Pension Clearance Certificates (PCCs), marking a ...

By Regtech AfricaNovember 27, 20240

Nigeria

Nigeria: CBN Raises Interest Rate to 27.5% Amid Inflation Concerns

The Central Bank of Nigeria (CBN) has increased its Monetary Policy Rate (MPR) by 25 basis points to 27.5%, up from 27.25%. The ...

By Regtech AfricaNovember 27, 20240

Nigeria

Nigeria: CBN Sets $100,000 Minimum Trade Limit on New Electronic FX Platform

The Central Bank of Nigeria (CBN) has announced the introduction of a minimum trade threshold of $100,000 for transactions conducted on its newly ...

By Regtech AfricaNovember 27, 20240

Regulatory

Global: FSB Adjusts Capital Requirements for Bank of America and Crédit Agricole in 2024 Update

The Financial Stability Board (FSB) has announced adjustments to the capital requirements for two global systemically important banks (G-SIBs) in its 2024 update. ...

By Regtech AfricaNovember 27, 20240

Africa

Africa: ECOWAS Launches e-Certificate of Origin to Boost Trade and Combat Fraud

The Economic Community of West African States (ECOWAS) has officially launched its electronic certificate of origin (e-CO), a groundbreaking digital tool aimed at ...

By Regtech AfricaNovember 27, 20240

Regulatory

Nigeria: CBN Extends BDC Recapitalisation Deadline to June 2025

The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators by six months, moving ...

By Regtech AfricaNovember 27, 20240

Nigeria: House of Representatives to Summon CBN Governor, Bank CEOs Over Unverified POS Operators

Nigeria: CBN Intervenes with $48 Million Sale to Defend the Naira

IOM Convenes Global Dialogue on Safe Migration Pathways for a Greener Future

Nigeria: SEC Assures Investors of Fund Safety Amid Fintech Growth

Nigeria: PenCom Launches E-Pension Clearance Certificate Application Portal for Employers

Nigeria: CBN Raises Interest Rate to 27.5% Amid Inflation Concerns

Nigeria: CBN Sets $100,000 Minimum Trade Limit on New Electronic FX Platform

Global: FSB Adjusts Capital Requirements for Bank of America and Crédit Agricole in 2024 Update

Africa: ECOWAS Launches e-Certificate of Origin to Boost Trade and Combat Fraud

Nigeria: CBN Extends BDC Recapitalisation Deadline to June 2025

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