Nigeria
Nigeria: SEC Mandates Full Compliance by Capital Market Operators
The Securities and Exchange Commission (SEC), yesterday said that all the Capital Market Operators (CMOs) must state compliance level and ensure all tradable ...
Nigeria
Nigeria: Cardoso Confirms 16 Banks Have Met the New CBN Minimum Capital Requirement
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently shared some good news about the banking industry. He confirmed that ...
Nigeria
Nigeria: CBN Holds Interest Rate Steady at 27% as It Aims to Boost Economic Recovery
The Central Bank of Nigeria (CBN) has decided to keep the interest rate, or the monetary policy rate (MPR), steady at 27%. This ...
Nigeria
Nigeria: SEC Urges Market Operators to Deepen Compliance Culture Following Nigeria’s FATF Grey List Exit
The Securities and Exchange Commission (SEC) has called on capital market operators and wider financial sector stakeholders to strengthen a proactive, enduring culture ...
Nigeria
Nigeria: CBN Proposes Five-Year Ban for Serial Dud Cheque Issuers
The Central Bank of Nigeria (CBN) has unveiled a draft policy introducing stricter penalties for individuals who repeatedly issue dud cheques, including a ...
Regulatory
Global: FCA Unveils Plans to Streamline Transaction Reporting Framework
The UK’s Financial Conduct Authority (FCA) has announced a series of proposed reforms aimed at simplifying transaction reporting obligations—an adjustment expected to save ...
Nigeria
Nigeria: Leadway Secures Regulatory Approval for Acquisition of PAL Pensions
The National Pension Commission (PenCom) has granted regulatory approval for Leadway Holdings Limited’s acquisition of Pensions Alliance Limited (PAL Pensions), marking the formal ...
Nigeria
Nigeria: SEC to Commence T+2 Settlement Cycle in Capital Market on Friday
The Securities and Exchange Commission (SEC) will, from Friday, November 28, 2025, commence the implementation of a T+2 (trade date plus two days) ...
Nigeria
Nigeria: FIRS warns against politicising Nigeria’s tax collection system
The Federal Inland Revenue Service (FIRS) has refuted recent allegations concerning the appointment of Xpress Payments as part of the national revenue collection system, describing ...
Regulatory
Global: UAE and Türkiye Sign Agreements to Deepen Financial Cooperation and Enhance Cross-Border Payments
The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of the Republic of Türkiye (CBRT) have signed three landmark ...
