Nigeria
Nigeria: Federal Government Proposes 5% Tax on Telecom Services and Other Sectors
The Federal Government of Nigeria has put forward a proposal to introduce a 5% excise duty on telecommunications services, gaming, and betting activities ...
Regulatory
Nigeria: SEC Pledges Investor Protection with AI-Driven Cybersecurity
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has reaffirmed the commission’s commitment to creating a secure and ...
Nigeria
Nigeria: Capital Expenditure Drops by 25% Despite Concurrent Budgets – CBN
Nigeria’s capital expenditure (CAPEX) for the first half of 2024 dropped by 25.3% to N1.99 trillion, down from N2.68 trillion in the corresponding ...
Nigeria
Nigeria: Investor Confidence Relies on Capital Market Integrity – SEC DG
Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has reaffirmed the commission’s commitment to ensuring a secure and resilient ...
Regulatory
SA: FSCA Revokes Banxso’s Licence Over Unrealistic Return Promises in South Africa
The Financial Sector Conduct Authority (FSCA) of South Africa has revoked the licence of Banxso, a trading platform, following concerns over unrealistic promises ...
Nigeria
Nigeria: Building a Resilient Central Bank — Cardoso
Amid multiple economic crises, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed his commitment to strengthening the ...
Regulatory
Global: UAE Central Bank Approves Stablecoin Issuer, AED Stablecoin, Under New Payment Token Regulations
The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, ...
Regulatory
Global: UK Government Launches Consultation on New Rules for Buy Now, Pay Later Products
The UK Government has initiated a consultation on proposed regulations for Buy Now, Pay Later (BNPL) services, aiming to bring these companies under ...
Nigeria
Nigeria: CBN Governor Cardoso Tackles FX Backlog and Emphasizes Inflation Control
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has affirmed that the central bank is making significant progress in ...
Regulatory
Global: UAE Central Bank Approves First Regulated Stablecoin, AE Coin
The United Arab Emirates (UAE) has taken a decisive step toward integrating digital currencies into its financial system. The UAE Central Bank has ...
