Nigeria
Nigeria’s CBN Governor Advocates for Bretton Woods Reform to Address African Economic Needs
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for significant reforms within the World Bank and International Monetary ...
Nigeria
Nigeria: FG to Launch 18-Month Fundraising for $2bn Nationwide Fibre-Optic Project
The Federal Government has announced that it will embark on an 18-month fundraising campaign to secure $2 billion for a large-scale fibre optic ...
Nigeria
Nigeria: Federal Government Introduces New Tax Regulations to Boost Manufacturing Sector
The Federal Government has rolled out new tax regulations aimed at alleviating the tax burden on Nigeria’s manufacturing sector and small businesses. This ...
Nigeria
Nigeria: SEC and NGX Group Partner with JSE to Enhance Governance and Market Development
A delegation from the Nigerian Exchange Group Plc (NGX Group), led by Group Chairman, Alhaji (Dr) Umaru Kwairanga, along with top officials from ...
Nigeria
Nigerian Government Publishes New Withholding Tax Regulation
The Nigerian government has officially published the Deduction of Tax at Source (Withholding) Regulations, 2024 in the Federal Republic of Nigeria’s official gazette, ...
Regulatory
Global: Starling Bank Fined £29 Million for ‘Shockingly Lax’ AML Screening
The Financial Conduct Authority (FCA) has fined Starling Bank £29 million for significant lapses in its anti-money laundering (AML) screening and non-compliance with ...
Regulatory
Global: Europe Rallies Global Experts to Draft Groundbreaking AI ‘Code of Practice’
The European Union is assembling top international experts to develop the first-ever “Code of Practice” for general-purpose AI models, aiming to set new ...
Nigeria
Nigeria: PenCom Approves Merger Between Access and ARM Pensions
The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers and Access Pensions Limited, marking a significant development ...
Nigeria
Nigeria: PenCom Outlines PFA Roles in Fund Investments and Retirement Benefit Payments
The National Pension Commission (PenCom) has attributed the successes of the Contributory Pension Scheme (CPS) to its robust structural framework. A significant aspect ...
Nigeria
Nigeria: NAICOM Warns of Inflation’s Impact on Insurers and Policyholders
The National Insurance Commission (NAICOM) has highlighted inflation as a significant challenge facing the insurance sector, with rising costs adversely affecting both insurers ...