Regulatory
Global: 2025 Marks a Turning Point for BNPL Amid Regulatory Battles
The regulatory landscape for buy now, pay later (BNPL) providers is undergoing a significant transformation in 2025, as the Consumer Financial Protection Bureau ...
Regulatory
Global: OCC Intensifies Oversight on Major Financial Institutions
As the new year unfolds, the Office of the Comptroller of the Currency (OCC) is set to heighten scrutiny on larger financial institutions ...
Nigeria
Nigeria: Telecoms Propose 100% Tariff Increase
Nigerian telecommunications companies have proposed a 100 percent increase in tariffs, pending government approval. The proposal, submitted to the Nigerian Communications Commission (NCC), ...
Nigeria
Nigeria to Launch National Credit Guarantee Company to Expand Economic Opportunities
Nigeria is set to establish a National Credit Guarantee Company in May 2025 to bolster lending opportunities for businesses and individuals, President Bola ...
Nigeria
Nigeria: Liquidity Crunch Triggers 261% Rise in Banks’ Borrowings from CBN
In a stark reflection of liquidity challenges within Nigeria’s interbank money market, borrowing by banks from the Central Bank of Nigeria (CBN) surged ...
Regulatory
Global: China Strengthens Oversight of Crypto Trade with New Forex Regulations
China has introduced new foreign exchange (forex) rules requiring domestic banks to enhance monitoring of crypto-related activities, a move aimed at curbing illegal ...
Regulatory
Global: US Crypto Executives Anticipate Regulatory Clarity in 2025
The upcoming year brings new political leadership to the United States, with President-elect Donald Trump and freshmen members of Congress poised to take ...
Nigeria
Nigeria: FG to Launch National Credit Guarantee Company to Boost Financial Inclusion
The Federal Government has announced plans to establish the National Credit Guarantee Company (NCGC), a strategic initiative aimed at enhancing financial inclusion and ...
Nigeria
Nigeria: FG Implements 2024 Withholding Tax Regulations to Modernize Tax System
The Federal Government has officially commenced the implementation of the 2024 Withholding Tax Regulations, marking a significant step towards modernizing Nigeria’s tax framework. ...
Regulatory
Global: Crypto Payments Firm MoonPay Secures MiCA Approval in the Netherlands
On December 30, the implementation phase of the European Union’s Markets in Crypto-Assets (MiCA) framework concluded, enabling authorities to enforce regulations on specific ...