Regulatory
Global: ECB Expected to Cut Interest Rates Again as Inflation Slows
As inflation eases and economic conditions worsen, the European Central Bank (ECB) is set to lower interest rates again on Thursday, but it ...
Nigeria
Nigeria: CBN Issues One-Month Deadline for PoS Operators to Integrate with Licensed Aggregators
The Central Bank of Nigeria (CBN) has mandated that all Point of Sale (PoS) operators route their transactions through licensed Payment Terminal Service ...
Ghana
Ghana’s Securities Authority Grants Chipper Cash Broker-Dealer Licence
Chipper Cash users in Ghana will soon have access to an expanded range of financial services following the company’s recent approval for a ...
Global
Global: Arab Monetary Fund Official Praises Qatar’s Banking Sector Performance
Qatar’s banking sector continues to excel, securing a strong position among Arab countries, according to Dr. Fahad bin Mohammed Al Turki, Director General ...
Regulatory
Global: Wells Fargo Pledges to Strengthen AML Program Following OCC Agreement
Wells Fargo is once again under scrutiny from federal regulators, as the bank has entered into a formal agreement with the Office of ...
Regulatory
South Africa’s Information Regulator Includes Google and X in Election Integrity Investigation
South Africa’s Information Regulator has expanded its investigation into global tech giants, including Google, Meta (formerly Facebook), and X (formerly Twitter), over concerns ...
Nigeria
Nigeria: Reps Direct GTBank to Remit VAT on Remita Transactions to FG
The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank (GTBank) to calculate and remit the Value Added Tax (VAT) on ...
Regulatory
Zimbabwean Telcos Face Fines of Over $5,000 for Poor Network Service
In a move aimed at improving the reliability of telecom services, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has introduced new ...
Nigeria
Nigeria: FG Poised to Focus More on Indirect Taxes in Upcoming Tax Regime
The Federal Government may shift its focus towards indirect taxes under the proposed tax regime outlined in the Taiwo Oyedele-led Presidential Fiscal Policy ...
Regulatory
Nigeria: CBN Grants Woodhall Capital Operational License
Woodhall Capital, an investment and financial services firm, has been awarded a Finance House License by the Central Bank of Nigeria (CBN), marking ...