Regulatory
Global: TD Bank Pleads Guilty in Major Money Laundering Case, Agrees to Pay $3 Billion in Penalties
TD Bank has pleaded guilty to multiple criminal charges, agreeing to pay $3 billion in fines and penalties to the U.S. Department of ...
Nigeria
Nigeria: FG Issues Guidelines for Exempting Third-Party Research Grants from TSA
The Federal Government, through the Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, has released guidelines for the exemption of research grants ...
Nigeria
Nigeria: FIRS Launches USSD Code to Simplify Taxpayer Services Nationwide
In a bid to enhance ease of doing business and improve taxpayer experience across Nigeria, the Federal Inland Revenue Service (FIRS) has introduced ...
Nigeria
Nigeria: Federal Government Launches Digital Platform to Streamline Access to Public Services
The Federal Government of Nigeria, in collaboration with Galaxy Backbone and the Korea International Cooperation Agency (KOICA), has unveiled the Government Service Portal ...
Liberia
Liberia Sets July 2025 Deadline for SIM Card Registration Linked to National ID Cards
Liberia has announced a July 2025 deadline for its nationwide SIM card registration initiative, which mandates linking SIM cards to national ID cards. ...
Kenya
Kenyan Lawmakers Renew Push for Safaricom and M-PESA Separation
Kenyan lawmakers are once again advocating for the separation of Safaricom’s telecom operations from its highly successful mobile money service, M-PESA. If passed, ...
Kenya
Kenya to Leverage AI and Machine Learning for Tax Evasion Detection
The Kenya Revenue Authority (KRA) is set to harness the power of artificial intelligence (AI) and machine learning (ML) to tackle tax evasion ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Financial System Stability and Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reassured the public of its continued commitment to maintaining the stability of the country’s financial system ...
Regulatory
Africa: Burundi and Zambia Sign MoU for Underwater Fibre Connection to Boost Digital Infrastructure
Zambia and Burundi have entered into a strategic agreement to enhance digital communication by establishing an underwater fibre optic connection, further strengthening their ...
Nigeria
Nigeria: CBN Strengthens Oversight of Nigerian Banks Abroad with Foreign MoUs
The Central Bank of Nigeria (CBN) has bolstered its supervisory role over Nigerian banks operating internationally by signing Memoranda of Understanding (MoUs) with ...
