Nigeria
Nigeria: Reps Direct GTBank to Remit VAT on Remita Transactions to FG
The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank (GTBank) to calculate and remit the Value Added Tax (VAT) on ...
Regulatory
Zimbabwean Telcos Face Fines of Over $5,000 for Poor Network Service
In a move aimed at improving the reliability of telecom services, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has introduced new ...
Nigeria
Nigeria: FG Poised to Focus More on Indirect Taxes in Upcoming Tax Regime
The Federal Government may shift its focus towards indirect taxes under the proposed tax regime outlined in the Taiwo Oyedele-led Presidential Fiscal Policy ...
Regulatory
Nigeria: CBN Grants Woodhall Capital Operational License
Woodhall Capital, an investment and financial services firm, has been awarded a Finance House License by the Central Bank of Nigeria (CBN), marking ...
Regulatory
Global: BOJ Policymaker Hints at Potential Rate Hike if Inflation Aligns with Forecasts
Junko Nakagawa, a policymaker at the Bank of Japan (BOJ), has indicated that the central bank is prepared to continue raising interest rates ...
Nigeria
Nigeria: POS Operators Decry Electronic Levy, Consider Charge Increases
Point of Sale (POS) operators have voiced concerns over the implementation of the Electronic Money Transfer Levy (EMTL), stating that the levy has ...
Regulatory
Global: Unlicensed Crypto ATMs Lead to Landmark UK Prosecution
The UK’s Financial Conduct Authority (FCA) has charged a London man, Olumide Osunkoya, 45, with operating several unregistered cryptocurrency ATMs, marking a significant ...
Regulatory
Global: Singapore Investigates Illegal Sales of Worldcoin Accounts and Tokens Amid Money Laundering Concerns
Singapore authorities are investigating the illegal sale and purchase of Worldcoin accounts and tokens, a controversial cryptocurrency project known for collecting identity data. ...
Nigeria
Nigeria: CBN and NDIC to Discuss Bank Recapitalisation at 2024 FICAN Summit
The Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC), and key financial institutions, including the Bank of Industry, United Bank ...
Nigeria
Nigeria: NCC Unveils Device Management System to Safeguard Mobile Phone Users
The Nigerian Communications Commission (NCC) has introduced a Device Management System (DMS) to enhance security and protect consumers in Nigeria’s mobile device market. ...
