Nigeria
Nigeria: NITDA Warns WordPress Users of New Security Vulnerability
The National Information Technology Development Agency (NITDA) has issued a critical alert regarding a newly discovered security vulnerability, CVE-2024-28000, which affects over five ...
Nigeria
Nigeria: NDIC Strengthens Collaboration with Judiciary for Depositors’ Fund Recovery
The Nigerian Deposit Insurance Corporation (NDIC) has announced an enhanced partnership with the judiciary to expedite the prosecution of failed financial institutions. This ...
Regulatory
Nigeria: NDIC Confirms Liquidation of Depositors from 20 Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced the successful liquidation of deposits belonging to customers of 20 failed banks, in line with ...
Regulatory
Global: Ohio to Consider Accepting Cryptocurrency for Tax Payments and Fees
Ohio is once again exploring the use of cryptocurrency for state-level transactions. A new bill introduced by Ohio State Senator Niraj Antani seeks ...
Regulatory
Global: ANZ Collaborates in MAS-Led Project to Explore Asset Tokenization
ANZ has joined forces with Chainlink Labs and ADDX to explore the interoperability of private blockchains, focusing on the exchange of tokenized real-world ...
Regulatory
Global: German Antitrust Authority Intensifies Scrutiny on Microsoft’s Expanding Influence
Germany’s antitrust regulator, the Federal Cartel Office, has placed Microsoft under increased scrutiny due to its extensive presence in key sectors, signaling concerns ...
Regulatory
Global: OpenAI’s Transition to For-Profit Model Signals Major Shift in AI Industry Dynamics
OpenAI, the creator of ChatGPT, is reportedly exploring a transition to a for-profit model, marking a significant transformation in the artificial intelligence (AI) ...
Nigeria
Nigeria: Banks Blame CBN for Cash Shortages, Risking Sanctions as Cash Scarcity Worsens
Nigerian commercial banks are currently in a standoff with the Central Bank of Nigeria (CBN) over the ongoing cash scarcity, as each party ...
Nigeria
Nigeria: SEC Pledges Action Against Illegal Fund Managers
The Securities and Exchange Commission (SEC) has issued a stern warning to entities involved in illegal fund management, urging them to cease such ...
Nigeria
Nigeria: Bank-Fintech Collaboration Crucial for Nigeria’s $1 Trillion GDP Goal by 2026, Say NDIC and Stakeholders
Collaboration between banks and fintech companies is essential for Nigeria to achieve its ambitious goal of a $1 trillion Gross Domestic Product (GDP) ...
