Nigeria
Nigeria: FCCPC Reaffirms Commitment to Consumer Protection and Market Regulation
The Federal Competition and Consumer Protection Commission (FCCPC) has reiterated its dedication to protecting consumers, promoting fair competition, and ensuring product safety in ...
Nigeria
Nigeria: CBN to Implement More Policies to Tackle Cybersecurity Challenges
The Central Bank of Nigeria (CBN) is set to introduce additional policies aimed at addressing cybersecurity challenges and fostering innovation to ensure the ...
Regulatory
Global: IRS Finalizes New Regulations for Crypto Tax Reporting
Starting in 2026, crypto platforms will be required to report transactions to the Internal Revenue Service (IRS), though decentralized platforms that do not ...
Nigeria
Nigeria’s FX Reserves Reach $34.14bn
Nigeria’s foreign exchange reserves have surged to $34.14 billion, reflecting a 4.06% increase from $32.74 billion on June 3, 2024, according to data ...
Regulatory
Global: ECB Advocates for Increased Bank Capital Buffers Amid Economic Uncertainty
Amidst a significant slowdown in lending across the euro zone due to high interest rates, the European Central Bank (ECB) has advised against ...
Regulatory
Zambia Advances in Developing AI Framework, Aligns with Regional Efforts
Emphasizing the importance of fostering a conducive environment for AI deployment, Zambia’s Minister announced significant strides in revising the Cyber Security and Cyber ...
Nigeria
Nigeria: Minister Bosun Tijani Assures Investigation into ₦100 Data Breach Allegations
Following recent allegations reported by Techpoint on June 21, 2024, regarding the sale of sensitive personal and financial data of Nigerians for as ...
Kenya
Kenya: Central Bank of Kenya Licenses 7 Additional Digital Credit Providers
Since March 2022, the Central Bank of Kenya (CBK) has received 550 applications for digital credit provider (DCP) licenses, up from 480 applications ...
Nigeria
Nigeria: 150 Banks Show Interest in Consumer Credit Scheme
Approximately 150 banks have expressed interest in joining the lending ecosystem of the newly launched Consumer Credit Scheme, according to Dada Olusegun, the ...
Nigeria
Nigeria: EFCC Chairman Advocates Blockchain and AI for Recovering $88.6 Billion Stolen from Africa
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, has urged the adoption of blockchain technology and artificial ...