Regulatory
Global: Hong Kong to Strengthen Digital Asset Regulation in 18 Months
Hong Kong is set to enhance its digital asset regulations over the next 18 months, marking a crucial step towards solidifying its position ...
Nigeria
Nigeria: CBN Auctions $876.26 Million to Stabilize Naira
In a major move to strengthen the struggling naira, the Central Bank of Nigeria (CBN) has auctioned $876.26 million to end users, with ...
Nigeria
Nigeria: NGX Supports FCMB’s N111 Billion Capital Raise
The Nigerian Exchange Limited (NGX) has endorsed FCMB Group Plc’s plan to raise approximately N110.9 billion through a public offering. FCMB Group’s public ...
Nigeria
Nigeria: SEC to Unveil Strategic Plans for Nigerian Capital Market
The Securities and Exchange Commission (SEC) is poised to present its strategic vision for the Nigerian capital market at the upcoming Second Capital ...
Nigeria
Nigeria: CBN Issues Updated Forex Guidelines for CCI Transactions
The Central Bank of Nigeria (CBN) has released new guidelines clarifying the application of the Foreign Exchange Manual concerning transactions involving Certificates of ...
Regulatory
Nigeria: CBN Approves Financial Support for Unity Bank and Providus Bank Merger
The Central Bank of Nigeria (CBN) has approved substantial financial support to advance the merger between Unity Bank Plc and Providus Bank Limited. ...
Nigeria
Nigeria: CBN Ends 12-Month Forex Policy with $876M Auction
The Central Bank of Nigeria (CBN) has conducted a significant forex auction, dispensing $876.26 million to end users through bids submitted by 26 ...
Regulatory
Global: Central Bank of Oman Developing Regulatory Framework for Buy Now Pay Later Services
The Central Bank of Oman (CBO) is actively developing a licensing and regulatory framework for Buy Now Pay Later (BNPL) services. This short-term ...
Regulatory
Global: Regulators’ Joint Statement Highlights Concerns Over Bank/FinTech Partnerships
Late last month, several regulatory agencies issued a joint statement and request for information addressing the “potential risks” associated with bank/FinTech partnerships. This ...
Nigeria
Nigeria: PenCom Welcomes New Acting Director-General
Omolola Oloworaran has officially assumed the role of Acting Director-General of the National Pension Commission (PenCom). Her appointment is in line with Section ...
