Regulatory
Global: Qatar Central Bank Grants Sandbox Entry to Ajyal FinTech Solutions
Ajyal FinTech Solutions LLC, known for providing innovative financial solutions, has received approval from the Qatar Central Bank (QCB) to enter its regulatory ...
Nigeria
Nigeria: Africhange’s Currenzo Secures CBN’s IMTO License to Facilitate Remittances for Nigerians
Africhange, through its remittance platform Currenzo, has secured an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN), marking ...
Regulatory
Global: Australia’s Central Bank Maintains Interest Rates Despite Global Easing Trends
Australia’s central bank decided to keep interest rates unchanged on Tuesday, as anticipated, signaling that its restrictive monetary policy will likely persist for ...
Regulatory
Global: Cyprus Regulator Extends FTX Europe Suspension Until May 2025
The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX Europe’s license until May 2025, marking the fourth extension since ...
Regulatory
Global: Apple to Be Fined in Landmark Case Under EU Digital Markets Act
Apple is set to face a fine from the European Union’s antitrust regulators, marking the first penalty issued under the EU’s new Digital ...
Nigeria
Nigeria: Amended NDIC and BOFIA Acts Strengthen Financial Sector Stability, Says Senator Abiru
The recent amendments to the Nigerian Deposit Insurance Corporation (NDIC) Act and the Banks and Other Financial Institutions Act (BOFIA) are setting the ...
Nigeria
Nigeria’s Tax Reform Bills and FIRS’s Zacch Adedeji: Unpacking the Controversy
President Bola Tinubu’s recent submission of four tax reform bills to Nigeria’s National Assembly has ignited significant debate. At the center of this ...
Egypt
Egypt’s FRA Enforces Compliance for Insurance Sector Under New Unified Law
The Financial Regulatory Authority (FRA) in Egypt has introduced new regulations requiring entities across the insurance sector to align their operations with the ...
Nigeria
Nigeria: Naira Drops ₦67 as Nigeria Launches FX Disclosure Scheme to Stabilize Market
The naira weakened by ₦67 against the US dollar this past week as Nigeria launched a new foreign exchange disclosure scheme aimed at ...
Kenya
Kenya Refutes Claims of Unauthorized Citizen Tracking and Surveillance
Kenya’s government has dismissed allegations of unauthorized tracking and monitoring of citizens in partnership with mobile service providers. Speaking on the issue, a ...