Nigeria
Nigeria: Federal Government to Collect Over N425bn from Banks through One-Time Windfall Tax
The Nigerian government is set to collect over N425 billion from seven banks through a one-time windfall tax on their foreign currency revaluation ...
Regulatory
Global: FCA Finalizes Access to Cash Rules
The Financial Conduct Authority (FCA) has introduced new rules requiring banks and building societies to address gaps in local cash access, such as ...
Regulatory
Global: FTC Investigates ‘Surveillance Pricing’ Practices Using Customer Data
The Federal Trade Commission (FTC) has launched an investigation into how companies, including Mastercard and JPMorgan Chase, utilize artificial intelligence (AI) and personal ...
Ghana
Ghana’s Communications Authority Addresses Data Pricing and MTN’s Market Position
The National Communications Authority (NCA) of Ghana has provided clarification on data pricing concerns and the significant market power (SMP) classification of MTN. ...
Nigeria
Nigeria: Monies in Dormant Accounts Prone to Fraud, Warns CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has raised concerns about the susceptibility of monies in dormant bank accounts ...
Regulatory
Global: QIB Introduces “Request to Pay” Feature on Fawran Instant Payment Service
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of the “Request to Pay” feature on its Fawran instant payment ...
Liberia
Liberia Eyes Starlink Following Presidential Meeting with Elon Musk
In a recent meeting, Elon Musk highlighted the significance of Starlink, which is already operational in over 10 African countries. He emphasized its ...
Regulatory
Global: Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
In her 2024 Union Budget speech on July 23, Indian Finance Minister Nirmala Sitharaman did not address the cryptocurrency sector, leaving existing tax ...
Regulatory
Global: Controversial US Privacy Bill Rewritten Again, Path Forward Unclear
The American Privacy Rights Act of 2024 (APRA), originally introduced in April by Senate Commerce Committee Chair Sen. Maria Cantwell and House Energy ...
Nigeria
Nigeria: Meta to Appeal $220M Fine Imposed by Nigerian Regulators Over Data Privacy Violations
Meta has announced its intention to appeal a $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) for alleged ...
