Nigeria
Nigeria: CBN Attributes Bank Recapitalisation to Stress Test Findings and Economic Conditions
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has highlighted that the decision to increase minimum capital requirements for banks ...
Regulatory
Global: South Korea to Implement Virtual Assets Law with New Decree
The South Korean government has approved a decree to enforce the Act on the Protection of Virtual Asset Users (PVAU), which will take ...
Nigeria
Nigeria: SEC and NGX Group Commit to Digital Transformation of Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their commitment to the comprehensive digitization of Nigeria’s ...
Regulatory
Global: Brazil’s Data Privacy Regulator Examines Biometrics and Facial Recognition in New Report
Brazil’s National Data Protection Authority (ANPD) has released the second volume of its Technological Radar series, focusing on biometrics and facial recognition. This ...
Nigeria
Nigeria Doesn’t Need IMF Funding to Close Liquidity Gap, Reports $24bn FX Inflow in Q1 2024- Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, stated that Nigeria does not currently require any concessionary funding from ...
Nigeria
Regulators, Industry players, to Convene at the 2024 edition of Nigeria Fintech Forum in Lagos
Africa’s leading B2B event servicing company Eventhive.ng announces the return of its annual Nigeria Fintech Forum in 2024. The 2024 edition of the ...
Regulatory
Global: Central Banks Must Enhance Capabilities to Harness AI – BIS
Central banks need to embrace artificial intelligence (AI) to enhance their analytical tools for maintaining financial and price stability, according to a new ...
Nigeria
Nigeria: CBN Grants IMTOs Naira Access to Boost Remittances
The Central Bank of Nigeria (CBN) has issued a circular allowing International Money Transfer Operators (IMTOs) access to naira liquidity to increase remittance ...
Regulatory
South African Online Shoppers Oppose New Tax Regulation Adjustments
Currently, clothing orders valued above R500 in South Africa are subject to a 45% import duty plus a 15% value-added tax (VAT). Conversely, ...
Nigeria
Nigeria: CBN Reforms Boost Diaspora Remittances by $172 Million in a Month
The Central Bank of Nigeria (CBN) has reported a significant increase of $172 million in direct remittances within a single month. This data ...