Regulatory
Global: ECB Commits to Exclusively European Suppliers for Digital Euro Development
The European Central Bank (ECB) has outlined its strategy to engage European suppliers in the development of a digital euro platform and infrastructure ...
Nigeria
Nigeria: NITDA’s Drive Elevating Nigeria’s Sectorial Capacities with AI, by Shuaib Shuaib Agaka
In light of Nigeria’s ongoing technological advancements, the National Information Technology Development Agency (NITDA) emerges as a pivotal force shaping the country’s tech ...
Nigeria
Nigeria: CIBN Urges NDIC to Enhance Bank Monitoring Mechanisms
Ken Opara, the President/Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), has urged the Nigeria Deposit Insurance Corporation (NDIC) ...
Nigeria
Nigeria: FIRS Commits to Business-Friendly Tax Policies
In a recent meeting between the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, and the management team of ...
Nigeria
Nigeria: Senate Committee Urges CBN to Address Inflation
During a retreat with the Nigeria Deposit Insurance Corporation (NDIC) in Lagos, the Senate Committee on Banking, Insurance & other Financial Institutions emphasized ...
Nigeria
Nigeria: Senator Urges CBN to Collaborate with National Assembly on Bank Recapitalisation
Senator Tokunbo Abiru, Chairman of the Senate Committee on Banking, Insurance, and other Financial Institutions, has urged the Central Bank of Nigeria (CBN) ...
Global
Global: India Introduces Offline and Programmable CBDC in Latest Pilot
India is making significant strides in its digital currency pilot program, now incorporating programmability and offline payment capabilities into its digital rupee. Since ...
News
Nigeria: Banks and IMTOs to Transition Diaspora Remittances to Naira Payments
In a significant shift, International Money Transfer Operators (IMTOs) and banks in Nigeria have ceased dollar payments to customers, opting instead to pay ...
Nigeria
Nigeria: CAC Launches Initiative to Register Two Million Businesses
In a monumental stride towards economic revitalization, the Corporate Affairs Commission (CAC) has joined forces with Monie Point Micro Finance Bank to embark ...
Nigeria
Nigeria: NCC Announces Deactivation of Unlinked SIM Cards by End of February
The Nigerian Communications Commission (NCC) has declared that SIM cards not linked to National Identity Numbers (NIN) will be deactivated by the conclusion ...