Nigeria
Nigeria: NAICOM Considers Recapitalisation Amid Plans to Revamp Insurance Regulation
The Nigerian insurance industry may soon face a new wave of recapitalisation as the National Insurance Commission (NAICOM) unveils a comprehensive plan to ...
Nigeria
Nigeria: SEC Encourages Investors to Secure Dividends via Enhanced E-Dividend Portal
The Securities and Exchange Commission (SEC) is urging investors to utilize its newly revamped e-dividend portal, highlighting the platform’s enhanced security features and ...
Nigeria
Nigeria: CBN and SEC Approve Ecobank’s Custody Business Launch in Nigeria
Ecobank Nigeria Limited has secured approvals from both the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) to launch ...
Nigeria
Nigeria to Introduce New Tax Laws and Crypto Licensing to Regulate $400M Cryptocurrency Market
Dr. Zacch Adedeji, Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), has announced plans to introduce a bill aimed at establishing new tax ...
Nigeria
Nigeria Records Unprecedented Remittance Inflows: CBN Reports $553 Million in July 2024
The Central Bank of Nigeria (CBN) has announced a historic surge in remittance inflows, reporting a record-breaking $553 million in July 2024. This ...
Nigeria
Nigeria: Stripe Introduces Naira Payment Option for U.S. Merchants in Nigeria
Stripe, the global financial infrastructure provider, has unveiled a new feature that enables its U.S.-based merchants to accept payments in Nigeria’s local currency, ...
Nigeria
Nigeria: Stakeholders Advocate for Compliance-Driven Crypto Regulation in Nigeria
While acknowledging the government’s concerns, industry experts agree that a balanced regulatory approach could yield more effective results for Nigeria’s cryptocurrency sector. Local ...
Regulatory
Nigeria: Fidelity Bank Challenges Allegations and Fine Imposed by Nigerian Data Protection Commission
Fidelity Bank has strongly denied the allegations of data privacy violations and disputed the N555.8 million fine imposed by the Nigerian Data Protection ...
Regulatory
Global: UNDP Seeks 460 Biometric Registration Kits to Support Honduras’ Citizen Registry
The United Nations Development Programme (UNDP) has issued a call for bids to supply 460 Biometric Citizen Registration (BCR) kits for Honduras. This ...
Regulatory
Global: Fed’s Mortgage Bond Holdings Play ‘Central’ Role in Shaping Economic Policy, Study Finds
The Federal Reserve’s extensive holdings of mortgage bonds have a significant impact on how monetary policy influences the broader economy, according to a ...