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 ...
Nigeria
Nigeria: Corporate Governance: A Pillar for Telecom Industry Growth – Maida
The Nigerian Communications Commission (NCC) has underscored the pivotal role of corporate governance in driving the success and sustainability of the telecom industry. ...
Regulatory
Global: FCA Fines Macquarie Bank £13 Million for Fictitious Trades
The UK’s Financial Conduct Authority (FCA) has imposed a £13 million fine on the London branch of Macquarie Bank for “serious failings” that ...
Nigeria
Nigerian Banks and Corporates Raise N2.7 Trillion from Capital Market in 2024 – SEC
The Securities and Exchange Commission (SEC) has announced that Nigerian banks and other corporates raised a total of ₦2.7 trillion from the capital ...
Nigeria
Nigeria: FIRS Chairman Advocates for Expanding Taxpayer Base Over Introducing New Taxes
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has reaffirmed that Nigeria’s ongoing tax reforms aim to broaden the ...
Nigeria
Nigeria: Central Bank of Nigeria Raises Interest Rate to 27.50% Amid Inflation Battle
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate to 27.50%, continuing its efforts ...
Nigeria
Nigeria: NDIC Explains Delays in Paying Insured Deposits to Heritage Bank Customers
The Nigeria Deposit Insurance Corporation (NDIC) has clarified why some customers of the now-defunct Heritage Bank have yet to receive their insured deposits. ...
Nigeria
Nigeria: Banks and Corporations Raise Over ₦2.7 Trillion from Capital Market – SEC
The Securities and Exchange Commission (SEC) has announced that banks and other corporations have raised over ₦2.7 trillion from the Nigerian capital market ...
Nigeria
Nigeria: NCC Simplifies Telecom Tariff Plans to Enhance Consumer Clarity
The Nigerian Communications Commission (NCC) has taken a significant step to streamline the telecom sector by limiting operators to a maximum of seven ...
Regulatory
Egypt to Introduce Card Tokenisation by 2025 to Strengthen Digital Payment Security
Egypt’s Central Bank (CBE) has announced plans to implement card tokenisation by 2025, marking a critical step in enhancing the country’s digital payment ...
