Nigeria
Nigeria: Presidential Tax Reform Committee Selects FCT as Model for Tax Harmonisation
The Presidential Fiscal Policy and Tax Reform Committee has announced that the Federal Capital Territory (FCT) will serve as a model for implementing ...
Ghana
Ghana: Bank of Ghana Reduces Policy Rate from 29% to 27%
The Bank of Ghana has lowered its monetary policy rate by 200 basis points, reducing it from 29% to 27%. Dr. Ernest Addison, ...
Regulatory
South African Regulator Issues Ultimatum to StarSat: Shutdown or Face Closure
n June 2024, the Independent Communications Authority of South Africa (Icasa) ordered the pay-TV provider StarSat to cease operations by September 18, 2024. ...
Nigeria
Nigeria: CBN to Penalize Banks for ATM Cash Dispensing Failures, Plans N1.4 Trillion Cash Injection
The Central Bank of Nigeria (CBN) has announced its intention to sanction banks that fail to dispense cash through their Automated Teller Machines ...
Regulatory
Global: Recent Inflation Data Strengthens Argument for Further Federal Reserve Rate Cuts
The latest inflation figures from August have reinforced the rationale Federal Reserve officials used to justify a recent half-percentage-point interest rate cut, prompting ...
Regulatory
Global: German Finance Minister Raises Concerns Over UniCredit’s Potential Takeover of Commerzbank
Germany’s finance minister, Christian Lindner, has expressed his concerns to Italy’s Treasury regarding a potential takeover of Commerzbank by Italian lender UniCredit, according ...
Regulatory
Global: U.S. Imposes Sanctions on Russian Crypto Platforms for Money Laundering
The United States government has sanctioned two Russian cryptocurrency exchanges and two individuals for their involvement in illicit financial activities linked to underground ...
Regulatory
Global: UK Government Proposes Fraud, Error, and Debt Bill to Strengthen Fraud Prevention
The UK Government has introduced the Fraud, Error, and Debt Bill, which is projected to save £1.6 billion over the next five years ...
Nigeria
Nigeria: CBN to Penalize Banks Over ATM Failures, Plans to Inject N1.4 Trillion Into Circulation
The Central Bank of Nigeria (CBN) has announced its decision to impose penalties on banks that fail to dispense cash through their Automated ...
Regulatory
Global: FCA Proposes New Safeguarding Rules to Protect Customers When Payment Firms Fail
The Financial Conduct Authority (FCA) is introducing new measures to protect customers in the event that payment and e-money firms go bankrupt, as ...
