Nigeria
Nigeria: Binance Nigeria Representative Arraigned on Amended Tax Evasion Charges
On Friday, the Federal Inland Revenue Service (FIRS) re-arraigned Binance Holdings Limited on a four-count charge related to allegations of tax evasion. The ...
Regulatory
Uganda: CanalBox Introduces High-Speed Fibre Optic Internet Services in Uganda
CanalBox, a leading provider of fibre optic Internet solutions, has launched its new broadband services in Uganda, promising a faster and more reliable ...
Regulatory
SA: ICASA Strengthens Mobile Market Regulations with New Amendment Act
The Independent Communications Authority of South Africa (ICASA) has introduced the Mobile Broadband Services Amendment Regulations 2024, which will come into effect upon ...
Nigeria
Nigeria: Hexing Aims to Close Nigeria’s Metering Gap with Advanced Technology
As Band A electricity tariffs triple, Hexing Nigeria has reaffirmed its commitment to providing affordable and renewable electricity for Nigerians. The company has ...
Nigeria
Nigeria: NGX Digital Investment Platform Secures SEC Approval
The Nigerian Exchange Group’s digital investment platform, NGX Invest, has received approval from the Securities and Exchange Commission (SEC). This innovative platform is ...
Nigeria
Nigeria’s SEC Urged to Regulate Bitcoin and Ether as Commodities
In light of a recent court ruling in Illinois classifying Bitcoin and Ether as commodities, Nigerian stakeholders are advocating for the Nigerian Securities ...
Regulatory
Global: Regulatory ‘Ambiguity’ in FinTech-FI Partnerships Highlighted at House Financial Services Hearing
Prudent regulation is essential for defining the risks and rewards in the evolving partnerships between financial institutions (FIs) and fintech companies. However, current ...
Nigeria
Nigeria: NDIC Advocates Enhanced Collaboration to Combat Banking Fraud
The Nigeria Deposit Insurance Corporation (NDIC) has called on law enforcement agencies to strengthen their collaboration to curb banking fraud in the country. ...
Nigeria
Nigeria: SEC Emphasizes Investor Education to Drive Market Growth
Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), has emphasized the importance of investor education for the growth and ...
Nigeria
Nigeria: Senate Rejects Bill to Review Forex Market Regulations
The Senate has rejected a bill aimed at revising foreign exchange market regulations in Nigeria. The proposed legislation, sponsored by Senator Sani Musa ...