Nigeria
Nigeria: NGX Introduces USSD to Boost Capital Market Participation
Nigerian Exchange (NGX) Limited is encouraging investors to utilize its new USSD platform to engage more actively in the capital market. During an ...
Nigeria
Nigerian Fintech Startups Face $1 Million KYC Verification Costs
Recent updates to Know Your Customer (KYC) processes mandated by the Central Bank of Nigeria now require fintech startups to physically verify the ...
Ghana
Ghana: BoG Focuses on Inflation Control Amid Financial Losses
Despite reporting a significant loss of GH¢10.5 billion for 2023, the Bank of Ghana (BoG) remains steadfast in its commitment to achieving stable ...
Regulatory
Global: Singapore Warns Businesses About Bitcoin Ransomware Threat
Singaporean authorities have issued a strong advisory to businesses, cautioning against paying ransoms in the event of ransomware attacks. They urge immediate reporting ...
Nigeria
Nigeria: Crypto Enthusiasts Warn Against Naira Trade Ban on Exchanges
Amid the rapid decline of the naira and soaring inflation rates, the Nigerian government has shifted its focus to cryptocurrency service platforms. However, ...
Regulatory
Global: UK Tribunal Greenlights Class Action Lawsuits Against Visa and Mastercard
Visa and Mastercard are now facing fresh legal challenges over multilateral interchange fees following a recent decision by the United Kingdom Competition Appeal ...
Regulatory
Global: US Treasury Seeks Input on AI’s Impact on Financial Services
The US Department of the Treasury is inviting public feedback on the implications of artificial intelligence (AI) in financial services, aiming to understand ...
Regulatory
Global: AI Brings Significant Opportunities and Risks to Financial Stability
The United States Treasury is gearing up to navigate the dual landscape of opportunities and risks presented by the artificial intelligence (AI) sector ...
Regulatory
Global: U.S. Sets Stage for Antitrust Probes into Microsoft, OpenAI, and Nvidia
The U.S. Justice Department and the Federal Trade Commission (FTC) have reached an agreement paving the way for potential antitrust investigations into the ...
Regulatory
Nigeria: SEC Calls for Stakeholder Support to Address Unclaimed Dividends and Market Infractions
Dr. Emomotimi Agama, Acting Director General of the Securities and Exchange Commission (SEC), has called on capital market stakeholders to support efforts in ...