Regulatory
Global: Australian Regulator Flags Governance Gaps as AI Risks Rise in Financial Sector
The Australian Prudential Regulation Authority has warned that financial institutions must significantly strengthen their approach to managing artificial intelligence risks, as rapid adoption ...
Nigeria
Nigerian Fintech Grey Gains Canada Payments Approval Under New Regulatory Framework
Nigeria-founded fintech startup Grey has secured regulatory approval to operate within Canada’s evolving payments ecosystem, following its registration under the country’s Retail Payment ...
Ghana
Ghana’s currency volatility tied to extractive sector leakages – Dalex CEO
Ghana’s exchange rate instability is being driven more by structural leakages in the extractive sector than by weak export performance, according to Joe ...
Nigeria
Nigeria: CBN retains limits on BDC access to official FX market
The Central Bank of Nigeria has sustained restrictions on Bureau De Change (BDC) operators’ access to the official foreign exchange market, citing ongoing ...
Nigeria
Nigeria: NAICOM, NASRDA to leverage satellite data to expand insurance coverage
National Insurance Commission (NAICOM) and National Space Research and Development Agency (NASRDA) are advancing a strategic collaboration aimed at transforming Nigeria’s insurance landscape ...
Regulatory
Global: US Regulatory Shift Accelerates Stablecoin Adoption in Payments Ecosystem
Stablecoins are rapidly moving into the mainstream of global payments, driven by evolving regulation and increasing demand for faster, more efficient cross-border transactions. ...
Nigeria
Nigeria: NCC Warns Tower Firms Over Service Quality, Signals Sanctions for Non-Compliance
The Nigerian Communications Commission (NCC) has issued a strong warning to telecom tower companies, stating that firms failing to meet infrastructure and service ...
Regulatory
Global: RBI Revokes Paytm Payments Bank Licence Over Regulatory Breaches
The Reserve Bank of India has revoked the licence of Paytm Payments Bank, effectively bringing an end to its banking operations after a ...
Nigeria
Nigeria: CBN Policies Averted Economic Crisis, Says Deputy Governor
The Deputy Governor, Corporate Services, of the Central Bank of Nigeria (CBN), Emem Usoro, has credited the bank’s ongoing reforms with stabilising Nigeria’s ...
Ghana
Ghana Advances Non-Interest Banking as Lenders Seek Licences
Ghana is edging closer to launching non-interest banking, with at least one indigenous lender formally applying for a licence, signalling early domestic adoption ...
