Regulatory
Global: Major UK Banks Violate CMA Regulations
HSBC, Lloyds, TSB, and AIB have been reprimanded by the UK’s Competition and Markets Authority (CMA) for failing to comply with regulations requiring ...
Nigeria
Nigeria: Green Economy to Propel Nigeria’s Diversification and Job Creation – SEC DG
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), asserts that adopting a green economy will yield substantial benefits for Nigeria, ...
Kenya
Kenyan High Court Halts National Digital ID for Third Time in Four Years
Kenya’s high court has once again paused the rollout of the country’s digital identity program, pending the outcome of a constitutional challenge. This ...
Nigeria
Nigeria: Federal Government to Collect Over N425bn from Banks through One-Time Windfall Tax
The Nigerian government is set to collect over N425 billion from seven banks through a one-time windfall tax on their foreign currency revaluation ...
Regulatory
Global: FCA Finalizes Access to Cash Rules
The Financial Conduct Authority (FCA) has introduced new rules requiring banks and building societies to address gaps in local cash access, such as ...
Regulatory
Global: FTC Investigates ‘Surveillance Pricing’ Practices Using Customer Data
The Federal Trade Commission (FTC) has launched an investigation into how companies, including Mastercard and JPMorgan Chase, utilize artificial intelligence (AI) and personal ...
Ghana
Ghana’s Communications Authority Addresses Data Pricing and MTN’s Market Position
The National Communications Authority (NCA) of Ghana has provided clarification on data pricing concerns and the significant market power (SMP) classification of MTN. ...
Nigeria
Nigeria: Monies in Dormant Accounts Prone to Fraud, Warns CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has raised concerns about the susceptibility of monies in dormant bank accounts ...
Regulatory
Global: QIB Introduces “Request to Pay” Feature on Fawran Instant Payment Service
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of the “Request to Pay” feature on its Fawran instant payment ...
Liberia
Liberia Eyes Starlink Following Presidential Meeting with Elon Musk
In a recent meeting, Elon Musk highlighted the significance of Starlink, which is already operational in over 10 African countries. He emphasized its ...
