Regulatory
Global: UK Regulators Launch Digital Securities Sandbox to Drive Financial Innovation
The Bank of England (BoE) and the Financial Conduct Authority (FCA), the UK’s leading financial regulators, have introduced the Digital Securities Sandbox (DSS), ...
Nigeria
Nigeria: CBN Urges Customers to Report Illegal Fees
Many bank customers across Nigeria have raised concerns over arbitrary debits and excessive charges from their banks, describing them as exorbitant and unwarranted. ...
Regulatory
SA: Fincra Secures Third-Party Payment Provider Licence in South Africa, Expands Payment Solutions for Businesses
African payment infrastructure provider, Fincra, has successfully obtained a Third-Party Payment Provider (TPPP) licence in South Africa, marking a significant step towards enhancing ...
Regulatory
Global: G7 Authorities Commit to Enforcing Competition Laws in AI Markets
Competition regulators from G7 nations are pledging to address potential competitive threats within artificial intelligence (AI) markets, as emphasized by the Federal Trade ...
Nigeria
Nigeria: CBN Orders Banks to Submit FX Compliance Report by Year-End
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and all other participants in the foreign exchange market to submit ...
Ghana
Ghana Unveils Cybersecurity Policy Amid Rising Cyberattack Threats
Ghana has introduced a comprehensive cybersecurity policy in response to growing threats from cyberattacks. This initiative, led by the Cyber Security Authority (CSA), ...
Regulatory
Global: CFPB and Federal Reserve Increase Lending and Leasing Thresholds for 2025
The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve have announced an increase in the dollar thresholds for consumer credit and leasing ...
Nigeria
Nigeria’s CBN Governor Advocates for Bretton Woods Reform to Address African Economic Needs
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for significant reforms within the World Bank and International Monetary ...
Nigeria
Nigeria: FG to Launch 18-Month Fundraising for $2bn Nationwide Fibre-Optic Project
The Federal Government has announced that it will embark on an 18-month fundraising campaign to secure $2 billion for a large-scale fibre optic ...
Nigeria
Nigeria: Federal Government Introduces New Tax Regulations to Boost Manufacturing Sector
The Federal Government has rolled out new tax regulations aimed at alleviating the tax burden on Nigeria’s manufacturing sector and small businesses. This ...
