Nigeria
Nigeria: SEC DG Calls for Enhanced Collaboration on ESG Initiatives
Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has called for increased collaboration among sector regulators, businesses, and stakeholders ...
Regulatory
Global: Kamala Harris on AI, Tech Regulation, and More
With President Joe Biden stepping out of the race, Vice President Kamala Harris may become the Democratic Party’s new nominee. Biden has given ...
Nigeria
Nigeria: United Capital Leads as Top Gainer on NGX for the Week
United Capital Plc emerged as the top gainer on the Nigerian Exchange (NGX) for the week ending July 19, 2024, with its share ...
Regulatory
Global: China Cuts Key Interest Rates to Support Fragile Economy
China unexpectedly reduced several major short and long-term interest rates on Monday, marking its first comprehensive rate cut since August last year. This ...
Regulatory
Global: G20 Watchdog Warns of Vulnerabilities in Non-Banks, Calls for Reforms
The G20’s risk watchdog has highlighted significant vulnerabilities in the global financial system due to incomplete reforms in the non-bank sector, including money ...
Nigeria
Nigeria: MPC Faces Costly Policy Trade-offs Amid FX Crisis and Minimum Wage Implementation
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) convenes today for a two-day policy decision meeting, it faces ...
Regulatory
South African Banks Reduce ATMs Amid Digital Banking Surge
South African banks are shutting down ATMs as the adoption of digital banking continues to rise, with more customers transitioning to online and ...
Regulatory
Global: Fractal ID Postmortem Ties Breach to 2022 Password Hack
Blockchain identity platform Fractal ID has released a postmortem report detailing the data breach the company experienced on July 14, 2024. The investigation ...
Nigeria
Nigeria: Bank Stocks Fall on NGX Following Senate’s Move to Amend Finance Act 2023 Retroactively
Banking stocks on the Nigerian Exchange Limited (NGX) experienced declines on Friday following the Senate’s decision to retroactively amend the Finance Act 2023, ...
Nigeria
Nigeria: CBN Directs Banks to Transfer Dormant Accounts and Unclaimed Balances to Its Custody
The Central Bank of Nigeria (CBN) unveiled revised guidelines on Friday for managing dormant accounts, unclaimed balances, and other financial assets within banks ...