Nigeria
Nigeria: NIGCOMSAT Committed to Advancing Nigeria’s Digital Economy
The Nigerian Communications Satellite Limited (NIGCOMSAT) has reaffirmed its dedication to supporting the Federal Government’s priorities, particularly focusing on enhancing economic growth and ...
Nigeria
Nigeria: NAICOM Urges NCAA to Prioritize Local Insurance for Economic Growth
The National Insurance Commission (NAICOM) has called on the Nigerian Civil Aviation Authority (NCAA) to adhere to the Local Content Act within the ...
Nigeria
Nigeria: SEC Approves DreamCity Capital’s Digital Real Estate Investment Platform
The Securities and Exchange Commission (SEC) has granted an Approval-in-Principle to DreamCity Capital, a pioneering digital real estate investment platform in Nigeria. This ...
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), ...