News
Global: Markets Predict China Will Allow Slow Yuan Depreciation as Trump Returns to Power
Financial markets are signaling that China is permitting a gradual depreciation of the yuan, adjusting to a stronger U.S. dollar as it braces ...
News
Nigeria: BVN Now Mandatory for RSA Holders Starting February – PenCom
The National Pension Commission (PenCom) has announced that from February 1, Bank Verification Numbers (BVNs) will be mandatory for all Retirement Savings Account ...
Africa
Africa: Ethio Telecom Partners with AfDB to Propel Africa’s Digital Transformation
Ethio Telecom and the African Development Bank (AfDB) are collaborating on initiatives to advance Ethiopia’s digital economy and support Africa’s broader digital transformation ...
News
Global: SEC Charges Digital Currency Group for Misleading Investors
The United States Securities and Exchange Commission (SEC) has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro for allegedly ...
Innovation
Global: DORA Implementation Begins Today
The Digital Operational Resilience Act (DORA) is now officially in effect across the European Union. This regulation establishes a unified framework to strengthen ...
Innovation
Global: GLEIF and Companies House Link Up to Boost Identifiability and Discoverability of UK Businesses Globally
The Global Legal Entity Identifier Foundation (GLEIF) today announces a new initiative with the UK business registry, Companies House, to simplify and accelerate ...
Fintech
Global: FinTech IPO Index Rises 3% as Katapult Shares Surge on Q4 Growth
The FinTech IPO Index posted a 3% gain this week, driven by significant movements in individual stocks, including Katapult, whose shares soared by ...
News
Nigeria: Interbank Rates Drop as Banking System Liquidity Deficit Eases
The liquidity deficit in Nigeria’s banking system moderated significantly, closing at ₦190.50 billion on Thursday, down from ₦249.3 billion reported earlier in the ...
News
Nigerians Risk Losing USSD Access Over N160 Billion Debt – NCC
The Nigerian Communications Commission (NCC) has announced that telecommunication firms may disconnect nine banks’ Unstructured Supplementary Service Data (USSD) services due to an ...
News
Global: Block Faces $255M Penalty for Compliance Failures in Cash App Operations
Block Inc. has been hit with a combined $255 million penalty by U.S. state regulators and the Consumer Financial Protection Bureau (CFPB) over ...