Regulatory
Global: BOJ Policymaker Hints at Potential Rate Hike if Inflation Aligns with Forecasts
Junko Nakagawa, a policymaker at the Bank of Japan (BOJ), has indicated that the central bank is prepared to continue raising interest rates ...
Nigeria
Nigeria: POS Operators Decry Electronic Levy, Consider Charge Increases
Point of Sale (POS) operators have voiced concerns over the implementation of the Electronic Money Transfer Levy (EMTL), stating that the levy has ...
Regulatory
Global: Unlicensed Crypto ATMs Lead to Landmark UK Prosecution
The UK’s Financial Conduct Authority (FCA) has charged a London man, Olumide Osunkoya, 45, with operating several unregistered cryptocurrency ATMs, marking a significant ...
Regulatory
Global: Singapore Investigates Illegal Sales of Worldcoin Accounts and Tokens Amid Money Laundering Concerns
Singapore authorities are investigating the illegal sale and purchase of Worldcoin accounts and tokens, a controversial cryptocurrency project known for collecting identity data. ...
Nigeria
Nigeria: CBN and NDIC to Discuss Bank Recapitalisation at 2024 FICAN Summit
The Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC), and key financial institutions, including the Bank of Industry, United Bank ...
Nigeria
Nigeria: NCC Unveils Device Management System to Safeguard Mobile Phone Users
The Nigerian Communications Commission (NCC) has introduced a Device Management System (DMS) to enhance security and protect consumers in Nigeria’s mobile device market. ...
Nigeria
Nigeria: FCMB Applauds Regulators and NGX Group for Successful Capital Raise
FCMB Group Plc has expressed its gratitude to key financial regulators and the Nigerian Exchange Group (NGX) following the successful completion of the ...
Nigeria
Nigeria: NITDA and NYSC Launch Phase 1 of Digital Literacy Campaign Across 12 States
The National Information Technology Development Agency (NITDA) has officially launched the first phase of its digital literacy initiative in partnership with the National ...
Nigeria
Nigerian Government Imposes Electronic Money Transfer Levy on Fintech Users
Customers of popular fintech platforms like Opay, Moniepoint, and Kuda are expressing frustration over the enforcement of the Electronic Money Transfer Levy (EMTL) ...
Nigeria
Nigeria’s SEC Targets Unregulated Crypto Exchanges to Protect Investors
Nigeria’s Securities and Exchange Commission (SEC) is set to intensify its enforcement actions against unregulated cryptocurrency businesses, aiming to safeguard investors while fostering ...