Nigeria
Nigeria: Finance Minister Urges SEC Board to Embrace Innovation in Capital Market Regulation
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the newly inaugurated board of the Securities ...
Regulatory
Global: Australian Government Removes Data Localization Rules for Digital Identity Scheme
The Australian federal government has responded to sustained lobbying from the technology and banking sectors by removing regulations that would have required data ...
Regulatory
Tanzanian Insolvency Agency to Liquidate Telco Over Unpaid Debt
The Tanzanian Registration, Insolvency, and Trusteeship Agency (RITA) has announced plans to liquidate a telecommunications company due to its failure to settle outstanding ...
Nigeria
Nigeria: NGX Suspends Trading of Eight Companies for Financial Reporting Defaults
NGX Regulation, the regulatory arm of the NGX Group, has announced the suspension of trading in the shares of eight companies due to ...
Nigeria
Nigeria: National Digital Economy & e-Governance Bill Advances in Nigerian National Assembly
The National Digital Economy & e-Governance Bill has successfully passed its first reading in the National Assembly, marking a significant milestone in the ...
Regulatory
Global: Banque de France and HKMA Launch Cross-Border CBDC Project
The Hong Kong Monetary Authority (HKMA) is set to become the first central banking institution outside the European Union to join the European ...
Nigeria
Nigeria: SMEs’ Corporate Governance Code Will Preserve Small Businesses – FRC
Dr. Rabiu Olowo, Executive Secretary/Chief Executive of the Financial Reporting Council (FRC) of Nigeria, stated that the newly unveiled SMEs Corporate Governance Guidelines ...
Nigeria
Nigeria: CBN to slow down rate hikes soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able to slow down increases ...
Nigeria
Nigeria: Pension Funds Surpass N20tn in May – PenCom
The value of pension funds in Nigeria rose by 2.23 percent month-on-month, surpassing the N20tn mark to reach N20.23tn in May 2024, according ...
Nigeria
Nigeria: NDIC Insures Depositors’ Funds Up to N5 Million, OPay Reassures Customers
OPay, one of Nigeria’s leading financial technology companies, has reassured its customers that their deposits are now insured up to N5 million, aligning ...