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 ...
Regulatory
Global: Australia Initiates Consultation on OECD Crypto Reporting Framework
Australia’s Treasury has begun seeking input from stakeholders on integrating the Crypto-Asset Reporting Framework (CARF) into its domestic tax legislation. This move aligns ...
Regulatory
Global: CFTC Advocates Expanding Non-Cash Collateral via Distributed Ledger Technology
The U.S. Commodity Futures Trading Commission (CFTC) has proposed expanding the use of non-cash collateral in derivatives markets through distributed ledger technology (DLT). ...
Regulatory
Global: U.S. Advocates Innovation and Regulation for Cross-Border Payment Systems
The United States is actively working to maintain the U.S. dollar’s position as the dominant global currency amid emerging cross-border payment systems. Speaking ...
Nigeria
Nigeria: NCC and CBN Collaborate to Resolve USSD Debt Dispute
The Nigerian Communications Commission (NCC) is collaborating with the Central Bank of Nigeria (CBN) to address the protracted dispute between telecommunications operators and ...
Regulatory
Global: BlueSnap Payment Services Fined €324,240 for Regulatory Breaches
The Central Bank has imposed a fine of €324,240 on BlueSnap Payment Services Ireland Limited, a US-based payment services provider operating in Ireland, ...
Ghana
Ghana: CBG Pledges Cooperation with BoG to Address Forex Trading Suspension
Consolidated Bank Ghana (CBG) has affirmed its commitment to working closely with the Bank of Ghana (BoG) to address the concerns that led ...