Nigeria
Nigeria: NAICOM Dissolves Board and Management of African Alliance Insurance
The National Insurance Commission (NAICOM) has dissolved the board and management of African Alliance Insurance Plc, a longstanding Nigerian life assurance company, due ...
Regulatory
Global: Italy’s Finance Minister Defends 42% Crypto Capital Gains Tax Proposal
Italy’s Minister of Economy and Finance, Giancarlo Giorgetti, has defended the government’s proposal to raise the capital gains tax on cryptocurrencies, including Bitcoin, ...
Nigeria
Nigeria: SEC Updates Capital Market Studies Curriculum for Nigerian Universities
Nigeria’s Securities and Exchange Commission (SEC) has initiated a comprehensive update of the capital market studies curriculum in Nigerian universities, establishing a committee ...
Regulatory
Global: VyStar Credit Union Fined $1.5 Million for Mishandling Online Banking Migration
The Consumer Financial Protection Bureau (CFPB) has imposed a $1.5 million penalty on VyStar Credit Union due to significant issues arising from its ...
Nigeria
NSITF Aims to Bolster Security in Agency Banking and Fintech through Employee Compensation Scheme
To strengthen the security and welfare of workers in Nigeria’s informal sector, the Nigeria Social Insurance Trust Fund (NSITF) has initiated steps to ...
Global
Global: Kazakhstan’s CBDC Pilot Streamlines VAT Refunds, Slashes Wait Times
Kazakhstan’s National Bank (NBK) is showcasing the transformative potential of its central bank digital currency (CBDC), the digital tenge, with a pilot program ...
Egypt
Egypt’s Regulators to Launch Joint Digital Platform for Telecom User Complaints
Egypt’s regulatory bodies are enhancing their approach to handling telecom user complaints with a new digital platform following a recent cooperation protocol. This ...
Regulatory
South African Competition Tribunal Blocks Vodacom-Maziv Merger
In a surprising move, the South African Competition Tribunal has blocked Vodacom’s proposed merger with fibre provider Maziv, a decision that Vodacom described ...
Regulatory
Global: Russia Issues Unprecedented $2.5 Decillion Fine to Google Over YouTube Bans
In an extraordinary ruling, Russia has imposed a record-breaking fine of $2.5 decillion on Google for refusing to reinstate pro-Kremlin and state-affiliated media ...
Nigeria
Nigeria: CBN to Begin Regular Data Sharing on Net External Reserves from 2025 — Cardoso
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, announced that starting in 2025, the CBN will regularly disclose information on the ...