Nigeria
Nigeria: NDIC Expedites Compensation for Heritage Bank Depositors Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has swiftly disbursed 82.36% of insured deposits to customers of the recently liquidated Heritage Bank. This comes ...
Nigeria
Nigeria: SEC approves extension of Access Holdings rights issue
The Securities and Exchange Commission has approved the extension of the rights issue of Access Holdings Plc to August 23. A statement from ...
Nigeria
Nigeria to Auction ₦190 Billion in Reopened Bonds in August
The Nigerian Debt Management Office (DMO) has announced plans to auction ₦190 billion in reopened bonds next week. This move is part of ...
Regulatory
Zambia Holds Key Policy Rate at 13.5% in August
The Central Bank of Zambia kept its benchmark interest rate unchanged at 13.5% during its regular meeting on August 14th, highlighting the economic ...
Regulatory
Nigeria: CBN and FBN Holdings Seek Dismissal of Barbican Capital’s Lawsuit Over Alleged Share Alterations
The Central Bank of Nigeria (CBN) and FBN Holdings Plc have filed a request with the Federal High Court in Lagos to dismiss ...
Regulatory
Global: Senate Reconsiders Bill to Ban Government Purchase of Americans’ Data Amid Major Security Breach
The U.S. Senate is revisiting a bipartisan bill aimed at prohibiting government agencies from purchasing Americans’ personally identifiable information (PII) from data brokers. ...
Regulatory
Global: STOXX 600 Reaches Two-Week High as Fed Rate Cut Expectations Surge
On Tuesday, Europe’s benchmark index, the STOXX 600, closed at a near two-week high, buoyed by increasing anticipation of an interest rate cut ...
Regulatory
Global: Dispossessor Ransomware Group Disbanded by US and European Authorities
Authorities in the United States and Germany announced on Tuesday the dismantling of the notorious ransomware group Radar/Dispossessor, which has targeted numerous companies ...
Regulatory
Sunoida Solutions Honoured with the RegTech Horizon-100 Award for Excellence in Banking Technology
Sunoida Solutions, a leading provider of Banking Revenue Assurance, Banking BI, and RegTech & SupTech solutions in emerging markets, has been honoured with ...
Regulatory
Global: Former BOJ Board Member- Further Rate Hike Unlikely This Year
A former board member of the Bank of Japan (BOJ) has stated that the central bank is unlikely to implement another interest rate ...
