Nigeria
Nigeria: FCMB Applauds Regulators and NGX Group for Successful Capital Raise
FCMB Group Plc has expressed its gratitude to key financial regulators and the Nigerian Exchange Group (NGX) following the successful completion of the ...
Nigeria
Nigeria: NITDA and NYSC Launch Phase 1 of Digital Literacy Campaign Across 12 States
The National Information Technology Development Agency (NITDA) has officially launched the first phase of its digital literacy initiative in partnership with the National ...
Nigeria
Nigerian Government Imposes Electronic Money Transfer Levy on Fintech Users
Customers of popular fintech platforms like Opay, Moniepoint, and Kuda are expressing frustration over the enforcement of the Electronic Money Transfer Levy (EMTL) ...
Nigeria
Nigeria’s SEC Targets Unregulated Crypto Exchanges to Protect Investors
Nigeria’s Securities and Exchange Commission (SEC) is set to intensify its enforcement actions against unregulated cryptocurrency businesses, aiming to safeguard investors while fostering ...
Nigeria
Global: Klarna Bank Faces Criticism from FSA Over Money Laundering Risks
Klarna Bank has come under scrutiny from the Swedish Financial Supervisory Authority (FSA) over alleged violations of several financial crime regulations. A redacted ...
Nigeria
Nigeria: SEC Warns Against Capital Market Infractions, Focuses on Regulating Crypto Exchanges
The Securities and Exchange Commission (SEC) has issued a stern warning to individuals and businesses engaging in activities that violate regulations within the ...
Regulatory
Global: U.S. SEC Fines Six Major Rating Agencies $49 Million for Compliance Failures
The U.S. Securities and Exchange Commission (SEC) has fined six major credit rating agencies a combined total of $49 million for failing to ...
Nigeria
Nigeria: CAC Warns PoS Operators of Shutdowns as Registration Deadline Passes
The Corporate Affairs Commission (CAC) has reiterated its commitment to enforcing the registration of Point of Sale (PoS) operators, warning that businesses that ...
Nigeria
Nigeria: CBN Approves $20,000 for Eligible BDCs at N1,580 Exchange Rate
The Central Bank of Nigeria (CBN) has approved the allocation of $20,000 to each eligible Bureau de Change (BDC) operator at an exchange ...
Nigeria
Nigeria: PoS Operators Take Legal Action as Government Registration Deadline Passes
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has filed a lawsuit against the Corporate Affairs Commission (CAC) over its ...
