Nigeria
Nigeria: SEC to Equip CEOs, Compliance Officers on FATF Regulations
The Securities and Exchange Commission (SEC) is set to host a compliance summit aimed at empowering Chief Executive Officers (CEOs) and Compliance Officers ...
Kenya
Kenya: Bank of Kenya Migrates National Payment System to ISO20022
In a significant step towards modernizing Kenya’s financial infrastructure, the Central Bank of Kenya (CBK) has successfully migrated the national payment system to ...
Nigeria
Nigeria: NATCOMS Proposes 10% Tariff Increase for Telecoms Amid Rising Costs
The National Association of Telecommunications Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to approve a 10% tariff increase for telecommunications companies ...
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, ...
