Nigeria
Nigeria: CBN Approves Additional FX Sale to BDCs at N1,450/$ To Curb Market Distortions
The Central Bank of Nigeria (CBN), on Thursday, approved the sale of Foreign Exchange (FX) to eligible Bureau De Change (BDCs) operators to ...
Regulatory
Global: European Central Bank- Swift Outage Disrupts Real-Time Gross Settlement System
A recent outage at Swift affected the European Central Bank (ECB), causing disruptions in high-value transactions across Europe. The incident, which lasted several ...
Regulatory
South Sudan’s Communications Regulator Approves Starlink
The National Communications Authority (NCA) of South Sudan has officially approved Starlink’s operations, allowing the satellite internet provider to offer its services within ...
Nigeria
Nigeria: CBN Projects Dip in External Reserves for 2024
The Central Bank of Nigeria (CBN) has projected a slight reduction in external reserves for 2024, primarily due to debt service and other ...
Regulatory
Global: HK Bank Supports Nation’s Regulatory Goals with Reserve Services
Hong Kong’s largest virtual bank, ZA Bank, has launched an initiative to provide exclusive reserve bank services for stablecoin issuers, aligning with the ...
Regulatory
Global: UK Government Introduces New Digital Identity Verification Services Bill
The UK government has announced a new bill to support digital ID products and services from certified providers. The Digital Information and Smart ...
Nigeria
Nigeria: NCC and FintechNGR Strengthen Commitment to Enhance Nigeria’s Fintech Sector
Following recent engagements with the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN), the Governing Council of FintechNGR, led ...
Africa
Africa: WATRA Committed to Bridging Digital Divide in West Africa – Aliyu Aboki
The West African Telecommunications Regulatory Assembly (WATRA) has called for enhanced collaboration among its 16 member states to bridge the digital divide in ...
Nigeria
Nigeria: CRMI Commends SEC’s Directive for Capital Market Operators to Implement ERM
The Chartered Risk Management Institute of Nigeria (CRMI) has praised the Securities and Exchange Commission’s (SEC) directive for capital market operators to implement ...
Nigeria
Nigeria: Tinubu Proposes Amendment to Finance Act to Tax Banks’ ₦2 Trillion FX Gains
President Bola Tinubu of Nigeria has requested the National Assembly to amend the 2024 Finance Act to impose a tax on the foreign ...
