Nigeria
Nigeria: CBN Introduces 0.005% Cybercrime Levy in New Guidelines for 2024-2025
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to enforcing the cybercrime levy on all electronic transactions, setting the charge at ...
Regulatory
Global: Australia Prioritizes Wholesale CBDC Over Retail in Strategic Digital Money Roadmap
Australia’s central bank and treasury have announced that they will prioritize work on a wholesale Central Bank Digital Currency (CBDC) over a retail ...
Nigeria
Nigeria: States Remit ₦237bn Pension Contributions Over Four Years — PenCom
The National Pension Commission (PenCom) has revealed that states have remitted a total of ₦236.7 billion in pension contributions to Pension Fund Custodians ...
Regulatory
Nigeria: CBN maintains 5% ways and means advances to govt
The Central Bank of Nigeria (CBN) has confirmed that it will maintain its Ways and Means Advances to the Federal Government at a ...
Nigeria
Nigeria: Insecurity, High Interest Rates, and Multiple Taxes Hamper Business Growth – CBN Survey
The Central Bank of Nigeria (CBN) has identified insecurity, high interest rates, and multiple taxation as the main challenges faced by businesses in ...
Regulatory
Global: FDIC’s New Merger Guidelines Elevate Focus on Banking Sector Stability
The landscape for bank mergers is changing as new regulatory guidelines from the Federal Deposit Insurance Corporation (FDIC) are set to raise the ...
Regulatory
Global: Japan Weighs Relaxing Crypto Regulations Amid Growing Blockchain Initiatives
Japan is reportedly exploring the possibility of loosening its regulations on the cryptocurrency industry, driven by an increasing number of domestic companies launching ...
Regulatory
Nigeria: NATCOMS Calls for Further NIN-SIM Linkage Extension as Telcos Begin Disconnecting Unlinked Lines
The National Association of Telecommunications Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to extend the deadline for the National Identification Number ...
Nigeria
Nigeria: Polaris Bank Accelerates Growth with New Board of Directors
The Central Bank of Nigeria (CBN) has appointed a new full board of directors for Polaris Bank, marking a significant transition in the ...
Regulatory
Global: UK Banks Applaud Regulated Liability Network (RLN) Experiments
The UK’s Regulated Liability Network (RLN) is being hailed as a groundbreaking platform designed to foster innovation across various forms of money, including ...
