Nigeria
Nigeria: SEC and NGX Group Partner with JSE to Enhance Governance and Market Development
A delegation from the Nigerian Exchange Group Plc (NGX Group), led by Group Chairman, Alhaji (Dr) Umaru Kwairanga, along with top officials from ...
Nigeria
Nigerian Government Publishes New Withholding Tax Regulation
The Nigerian government has officially published the Deduction of Tax at Source (Withholding) Regulations, 2024 in the Federal Republic of Nigeria’s official gazette, ...
Regulatory
Global: Starling Bank Fined £29 Million for ‘Shockingly Lax’ AML Screening
The Financial Conduct Authority (FCA) has fined Starling Bank £29 million for significant lapses in its anti-money laundering (AML) screening and non-compliance with ...
Regulatory
Global: Europe Rallies Global Experts to Draft Groundbreaking AI ‘Code of Practice’
The European Union is assembling top international experts to develop the first-ever “Code of Practice” for general-purpose AI models, aiming to set new ...
Nigeria
Nigeria: PenCom Approves Merger Between Access and ARM Pensions
The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers and Access Pensions Limited, marking a significant development ...
Nigeria
Nigeria: PenCom Outlines PFA Roles in Fund Investments and Retirement Benefit Payments
The National Pension Commission (PenCom) has attributed the successes of the Contributory Pension Scheme (CPS) to its robust structural framework. A significant aspect ...
Nigeria
Nigeria: NAICOM Warns of Inflation’s Impact on Insurers and Policyholders
The National Insurance Commission (NAICOM) has highlighted inflation as a significant challenge facing the insurance sector, with rising costs adversely affecting both insurers ...
Nigeria
Nigeria: NITDA Warns WordPress Users of New Security Vulnerability
The National Information Technology Development Agency (NITDA) has issued a critical alert regarding a newly discovered security vulnerability, CVE-2024-28000, which affects over five ...
Nigeria
Nigeria: NDIC Strengthens Collaboration with Judiciary for Depositors’ Fund Recovery
The Nigerian Deposit Insurance Corporation (NDIC) has announced an enhanced partnership with the judiciary to expedite the prosecution of failed financial institutions. This ...
Regulatory
Nigeria: NDIC Confirms Liquidation of Depositors from 20 Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced the successful liquidation of deposits belonging to customers of 20 failed banks, in line with ...
