Nigeria
Nigeria: Court Summons CBN Governor, Officials in Binance Money Laundering Case
The Federal High Court in Abuja has issued subpoenas to the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, and the ...
Nigeria
Nigeria: Stock Market Poised for Recovery After August Losses
In August 2024, investors experienced a loss of N36 billion as the Nigerian stock market endured a bearish phase during the first three ...
Regulatory
Nigeria: House of Representatives, FRC to Enhance Financial Reporting Standards
The House of Representatives has committed to collaborating with the Financial Reporting Council of Nigeria (FRC) to improve financial reporting and governance across ...
Regulatory
Nigeria: FPIs and Banks Invest Heavily in OMO Bills Amid Robust Market Demand
Nigerian banks and foreign portfolio investors (FPIs) collectively invested a substantial N1.6 trillion in Open Market Operation (OMO) bills during two primary market ...
Nigeria
Nigeria: Business Leaders Push Back Against FCCPC’s Price Reduction Mandate, Citing Economic Challenges
Entrepreneurs, business owners, and industry stakeholders are raising concerns about the recent directive issued by the Federal Competition and Consumer Protection Commission (FCCPC), ...
Regulatory
Global: Brazilian Supreme Court Orders Suspension of Elon Musk’s X for Non-Compliance
The Brazilian Supreme Court has ordered the suspension of operations for X, the social media platform owned by Elon Musk, after the company ...
Regulatory
Global: Hong Kong SFC Accepts Crypto License Application After Deadline
The Hong Kong Securities and Futures Commission (SFC) has accepted a digital asset exchange license application from Hong Kong Digital Asset Xchange (HKDAEx), ...
Regulatory
Global: California’s Landmark AI Safety Bill – A Game-Changer for the Tech Industry
California’s recent passage of a groundbreaking artificial intelligence (AI) safety bill marks a significant shift in the AI landscape, with potential ripple effects ...
Regulatory
South African Regulator Probes Meta Over Election Transparency Dispute
The South African regulator has launched an investigation into Meta after a dispute arose over the company’s refusal to provide information related to ...
Regulatory
Uganda: NALA Secures Money Remittance License in Uganda Amid Flutterwave’s Market Expansion
NALA, a prominent fintech company, has obtained a money remittance license in Uganda, a significant step that opens up new opportunities for Ugandans ...
