Regulatory
Global: FTC Targets Deceptive AI Projects, Including “AI Lawyer” Services
The U.S. Federal Trade Commission (FTC) has initiated a crackdown on companies accused of misleading consumers with deceptive claims about artificial intelligence (AI), ...
Nigeria
Nigeria: CBN Sells US Dollars to BDCs at N77.42 Discount to Stabilize Naira
The Central Bank of Nigeria (CBN) has taken steps to stabilize the exchange rate by offering discounted US dollar sales to Bureau de ...
Regulatory
Nigeria: FEC Approves Tax Committee’s Recommendations, Offers Tax Breaks to Firms
The Federal Executive Council (FEC) has approved the recommendations put forward by the Presidential Committee on Fiscal Policy and Tax Reforms as part ...
Nigeria
Nigeria: Decision to Further Tighten Interest Rate Unanimous, Says CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has confirmed that the Monetary Policy Committee’s (MPC) decision to further tighten ...
Regulatory
Global: DOJ Files Antitrust Lawsuit Against Visa Over Alleged Monopoly in Debit Payments
The United States Department of Justice (DOJ) has initiated an antitrust lawsuit against Visa, accusing the payments giant of maintaining an unlawful monopoly ...
Regulatory
Global: CFPB Publishes First Application for Open Banking Standard-Setter Recognition
The Consumer Financial Protection Bureau (CFPB) has taken a significant step towards shaping the future of open banking in the U.S. by publishing ...
Regulatory
Global: Israeli Regulator Approves AI Chatbot for Stock-Picking Advice
The Israel Securities Authority (ISA) has granted approval for Bridgewise, a fintech startup, to launch its AI-powered chatbot, “Bridget,” in collaboration with Israel ...
News
NFIU Director Calls on Judiciary to Prioritize Money Laundering Case Adjudication
The Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU), Mrs. Hafsat Abubakar Bakari, has called on the judiciary to prioritise the ...
Nigeria
Nigeria: SEC Urges Government Agencies to List on NGX for Inclusivity and Wealth Creation
The Securities and Exchange Commission (SEC) has announced plans to encourage government agencies and state-owned enterprises to list on the Nigerian Exchange Ltd. ...
Nigeria
Nigeria: Businesses Call for Streamlined Taxation as FIRS Plans E-Invoicing Rollout
Businesses in Nigeria have raised concerns about the complexities and inconsistencies in the tax and levy structures imposed by the Federal Inland Revenue ...
