Kenya
Kenyan Court Nullifies 2023 Finance Bill, Exempting Crypto Exchanges from Digital Asset Tax
Crypto exchanges operating in Kenya have been relieved from paying the Digital Asset Tax (DAT) introduced under the 2023 Finance Act. The 3% ...
Nigeria
Nigeria: Bankers’ Representatives Meet President Tinubu for Clarification on Windfall Levy
On Monday, key figures from Nigeria’s banking sector met with President Bola Tinubu at the State House in Abuja to seek clarification on ...
Nigeria
Nigeria: NGX Assures Continued Trading Amid Planned Nationwide Protest
Jude Chiemeka, Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), has addressed concerns regarding potential trading disruptions due to the planned ...
Nigeria
Nigeria: Banks’ Recapitalization: Surge in Foreign Investment, Says Cardoso
Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced significant foreign investment flowing into Nigerian banks as part of the ...
Regulatory
Global: OpenAI Supports Key Senate Bills Shaping U.S. AI Policy
OpenAI has recently backed several important Senate bills that could significantly influence the U.S. government’s approach to artificial intelligence. On Tuesday, OpenAI endorsed ...
Nigeria
Nigeria Proposes New Bill to Drive Digital Transformation in Public Sector
Nigeria is set to enforce a digital transformation across its public sector with the introduction of the National Digital Economy and E-Governance Bill. ...
Nigeria
Nigeria: FRC Urges Financial Institutions to Embrace Sustainability Reporting
Dr. Rabiu Olowo, Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has called on financial institutions to incorporate sustainability ...
Regulatory
Global: HSBC Reports $21.6 Billion Pre-Tax Profit for H1 2024
HSBC has announced a pre-tax profit of $21.6 billion for the first half of 2024, reflecting a slight dip from the previous year’s ...
Regulatory
Global: UK Antitrust Regulator Examines Google’s Investment in AI Rival Anthropic
The UK’s antitrust regulator, the Competition and Markets Authority (CMA), has launched an early-stage review into Google’s investment in the U.S. AI company ...
Nigeria
Nigeria: Lagos State Government to Implement Tax on Remote Workers and Digital Influencers
In a bid to boost revenue in the digital economy, the Lagos State government is set to launch the Resident Global Digital Citizen ...
