Nigeria
Nigerian Government to Impose Windfall Tax on Banks
The Nigerian government is set to introduce a windfall tax on banks’ foreign currency revaluation gains, aiming to use the proceeds to support ...
Nigeria
Nigeria: OKX to Cease Operations in Nigeria from August 16, 2024
OKX, a prominent cryptocurrency exchange, has announced that it will discontinue its services in Nigeria starting August 16, 2024. The exchange has urged ...
Nigeria
Nigeria: National Digital Economy Bill: Guidelines for E-commerce and Cyber Insurance
The federal government of Nigeria is set to introduce new regulations to guide the operations of e-commerce platforms and the provision of cyber ...
Regulatory
Global: UK Regulator Investigates Microsoft’s AI Acquisitions
Microsoft’s recent $650 million acquisition of AI talent, including Mustafa Suleyman, has sparked a formal investigation by Britain’s Competition and Markets Authority (CMA). ...
Regulatory
Global: PEXX Secures $4.5M in Seed Funding to Innovate Stablecoin-to-Fiat Payment Platform
PEXX, a pioneering fintech startup specializing in cryptocurrency and blockchain technology, has successfully closed a $4.5 million seed funding round. This substantial investment ...
Regulatory
Global: India G20 Task Force Report Charts Path for Global Digital Public Infrastructure Development
A new report expected to shape the future of digital public infrastructure (DPI) worldwide has been released by India’s G20 Task Force on ...
Nigeria
Cameroon Receives $4.8M Grant from South Korea for Civil Registration Modernization
Cameroon’s Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey, recently signed a significant agreement with the government of South Korea, ...
Nigeria
Nigeria: SEC to Monitor Crypto Transactions Under New Regulatory Framework
The Securities and Exchange Commission (SEC) has announced plans to begin monitoring cryptocurrency transactions as part of its new regulatory framework. This initiative ...
Regulatory
Global: UK Regulators Seek Feedback on Big Tech Digital Wallets
UK regulators are calling for public input on the benefits and risks associated with digital wallets from Big Tech companies such as Apple ...
Regulatory
Egypt: Telecom Egypt Introduces 5G Technology in Major Cities
Telecom Egypt has announced a strategic partnership with global technology leader Nokia to roll out 5G data services across Egypt. This collaboration aims ...
