Nigeria
Nigeria: NDIC begins final wind-down of 89 failed banks after resolution process
The Nigeria Deposit Insurance Corporation has initiated the final phase of winding down 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs), ...
Nigeria
Nigeria: FG advances collaborative framework to strengthen cybersecurity resilience
The Federal Government is ramping up efforts to safeguard Nigeria’s digital economy, with plans to establish a National Cybersecurity Coordination Council aimed at ...
Ghana
Ghana: World Bank Endorses Ghana’s Reform Progress as Recovery Gains Momentum
The World Bank has expressed renewed confidence in Ghana’s economic recovery, backing the government’s reform agenda as it transitions from crisis stabilisation to ...
Ghana
Ghana: BoG Governor Calls for Overhaul of IMF Support Framework for African Economies
Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has called for significant reforms in how the International Monetary Fund supports its ...
Nigeria
Nigeria: Reform momentum drives revaluation of Nigeria’s insurance stocks
Nigeria’s insurance equities are undergoing a notable market re-rating, signalling a shift from long-standing undervaluation to renewed investor interest, driven largely by ongoing ...
Nigeria
Nigeria’s Insurance Sector Records Strong Growth with N2.3tr Premiums and N4.8tr Assets
Nigeria’s insurance industry is witnessing sustained expansion, with new data highlighting increased premium volumes, improved claims settlement, and rising asset growth—signalling stronger confidence ...
Regulatory
Global: FCA Unveils Strategic Roadmap to Advance Open Finance Ecosystem
The Financial Conduct Authority (FCA) has outlined its vision for the future of open finance, proposing a framework that gives consumers and businesses ...
Africa
Africa: WATRA Advances Regulatory Frameworks to Unlock West Africa’s $216bn Digital Economy
The West Africa Telecommunications Regulators Assembly (WATRA), in collaboration with the Nigerian Communications Commission and other regional stakeholders, has reaffirmed its commitment to ...
Regulatory
Global: U.S. Federal Reserve Explores FedNow Expansion into Cross-Border Payments
The Federal Reserve has launched a public consultation on a proposal to extend its FedNow real-time payments system to support cross-border transactions, marking ...
Regulatory
Global: EBA Introduces Unified Reporting Framework to Streamline SEPA Data Submissions
The European Banking Authority (EBA) has unveiled a new decision aimed at harmonising how National Competent Authorities (NCAs) report data under the Single ...