Nigeria
Nigeria: PenOp to Introduce New Pension Service Providers
The Pension Fund Operators Association of Nigeria (PenOp) has announced plans to introduce four pension service solution providers starting April 1, 2025. This ...
Regulatory
Global: French Regulator Grants Crypto Authorization to BPCE’s Hexarq
Hexarq, the cryptocurrency subsidiary of French banking giant BPCE, has received authorization from the Autorité des Marchés Financiers (AMF) to operate as a ...
Nigeria
Nigeria: CBN Ramps Up FX Sales to Defend Naira Amid Market Pressures
The Central Bank of Nigeria (CBN) intensified its efforts to stabilize the naira by conducting aggressive forex interventions over four consecutive trading days. ...
Regulatory
Global: CFPB Files Lawsuit Against JPMorgan, Bank of America, and Wells Fargo Over Zelle Fraud
The Consumer Financial Protection Bureau (CFPB) has initiated legal action against JPMorgan Chase, Bank of America, and Wells Fargo, alleging that these institutions ...
Nigeria
Nigeria: CBN Approves Weekly $25,000 FX Purchases for BDCs to Address Yuletide Demand
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary access to purchase up to $25,000 in foreign exchange ...
Nigeria
Nigeria: CBN Temporarily Opens FX Window for BDC Operators at NFEM Rate
The Central Bank of Nigeria (CBN) has introduced a temporary window allowing Bureau de Change (BDC) operators to access US dollars at the ...
Regulatory
Global: Mastercard Partners with Türkiye’s Dgpays to Drive Digital Payment Adoption
Mastercard has announced a strategic partnership with Türkiye-based FinTech company Dgpays to accelerate the adoption of digital payments across Eastern Europe, the Middle ...
Nigeria
Nigeria: CBN Imposes Daily Cash Transaction Limit of N100,000 for POS Agents
The Central Bank of Nigeria (CBN) has introduced a daily cash transaction limit of N100,000 per customer for Point-of-Sale (POS) agents as part ...
Regulatory
Global: Dutch Authority Fines Netflix $4.95 Million for GDPR Violations
The Dutch Data Protection Authority (Dutch DPA) has imposed a fine of €4.75 million (approximately $4.95 million) on Netflix for alleged violations of ...
Nigeria
Nigeria: Nigerian Capital Market Positioned to Propel $1 Trillion Economy – SEC
The Nigerian capital market is strategically positioned to support the Federal Government’s ambitious agenda of transforming the national economy into a $1 trillion ...
