Nigeria
Nigeria: CBN Introduces Policy to Manage Dormant Account Balances: What You Need to Know
Last week, the Central Bank of Nigeria (CBN) unveiled a significant policy initiative known as the “Unclaimed Balances Trust Fund (UBTF) Pool Account,” ...
Nigeria
Nigeria: NCC Orders Immediate Restoration of Blocked SIMs Amid Subscriber Protests
The Nigerian Communications Commission (NCC) has directed telecommunication companies to promptly restore all telephone lines blocked due to the non-linkage of National Identification ...
Nigeria
Nigeria: EFCC Enhances Strategy to Combat Financial Corruption and Illicit Dollar Flow – Olukoyede
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has announced that the Commission is “re-strategizing” to tackle financial ...
Nigeria
Nigeria: SEC Approves Extension of Fidelity Bank’s Public Offer
The Securities and Exchange Commission (SEC) has approved a 14-day extension for Fidelity Bank’s Public Offer and Rights Issue. Originally set to close ...
Nigeria
Nigeria: FintechNGR Reaffirms Partnership with SEC to Enhance Fintech Regulations in Nigeria
FintechNGR, under the leadership of President Ade Bajomo, has renewed its partnership with the Securities and Exchange Commission (SEC) to strengthen regulations and ...
Nigeria
Nigeria: CBN Designates Accounts Inactive for Over 10 Years as Dormant
The Central Bank of Nigeria (CBN) has announced that only accounts with inactivity exceeding 10 years will be classified as dormant and designated ...
Nigeria
Nigeria: Telcos Initiate Final Phase of SIM Disconnection Over NIN Linkage
Telecommunication companies in Nigeria have begun the final phase of disconnecting Subscriber Identity Module (SIM) numbers that are not linked to National Identification ...
Regulatory
Global: HDI Global Secures Regulatory License from DFSA for New Dubai Office
HDI Global SE has been granted a regulatory license by the Dubai Financial Services Authority (DFSA) to establish a new office in Dubai ...
Regulatory
Global: Australia’s Digital ID Must Prioritize Cybersecurity, Law Council Urges
The Law Council of Australia has called for the upcoming national digital ID system to set a new benchmark for privacy and cybersecurity ...
Nigeria
Nigeria: NGX Chief Highlights Importance of Robust Corporate Governance for Economic Recovery
Temi Popoola, Group Managing Director and CEO of Nigerian Exchange Group (NGX Group), has emphasized the pivotal role of effective corporate governance in ...
