Nigeria
Nigeria: Higher Interest Rates Tough on Borrowers but Vital for Inflation Control – Cardoso
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has described the recent decision to raise the Monetary Policy Rate (MPR) to ...
Regulatory
Nigeria: CBN Seeks Stakeholder Input on New FX Regulation Code
In a continued effort to stabilize the naira and strengthen Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has issued a ...
Nigeria
Nigeria: Concerns Over Naira’s Fair Value After CBN’s $2 Billion Lifeline
The Central Bank of Nigeria (CBN) is refining its regulatory frameworks to address malpractices in the foreign exchange (FX) market, enhance transparency, and ...
Regulatory
Global: ECB Likely to Cut Interest Rates in October Amid Inflation Concerns: Villeroy
The European Central Bank (ECB) is expected to cut interest rates on October 17 as sluggish economic growth raises the risk of inflation ...
Nigeria
Nigeria: NGX and JSE Forge Collaboration to Enhance Governance and Capital Markets
The Nigerian Exchange Group (NGX), under the leadership of its Group Chairman, Umaru Kwairanga, recently visited the Johannesburg Stock Exchange (JSE) in a ...
Regulatory
Global: UK Implements APP Fraud Reimbursement Rule, Banks to Compensate Victims
A significant shift in how UK banks and payment firms handle fraud takes effect starting Monday (Oct. 7), as organizations are now required ...
Regulatory
Global: UK Regulators Launch Digital Securities Sandbox to Drive Financial Innovation
The Bank of England (BoE) and the Financial Conduct Authority (FCA), the UK’s leading financial regulators, have introduced the Digital Securities Sandbox (DSS), ...
Nigeria
Nigeria: CBN Urges Customers to Report Illegal Fees
Many bank customers across Nigeria have raised concerns over arbitrary debits and excessive charges from their banks, describing them as exorbitant and unwarranted. ...
Regulatory
SA: Fincra Secures Third-Party Payment Provider Licence in South Africa, Expands Payment Solutions for Businesses
African payment infrastructure provider, Fincra, has successfully obtained a Third-Party Payment Provider (TPPP) licence in South Africa, marking a significant step towards enhancing ...
Regulatory
Global: G7 Authorities Commit to Enforcing Competition Laws in AI Markets
Competition regulators from G7 nations are pledging to address potential competitive threats within artificial intelligence (AI) markets, as emphasized by the Federal Trade ...
