Nigeria
Nigeria: Tax Ombud strengthens capacity to handle digital asset tax disputes
The Office of the Tax Ombud has expanded its capacity to address emerging tax disputes, including potential complaints linked to the taxation of ...
Nigeria
Nigeria: SEC launches initiative to help Nigerians recover unclaimed investments
The Securities and Exchange Commission (SEC) has intensified efforts to address the growing challenge of unclaimed investments by launching a nationwide awareness initiative ...
Nigeria
Nigeria: NITDA drives inter-agency collaboration to advance Nigeria’s National Regulatory Sandbox
The National Information Technology Development Agency (NITDA) has intensified efforts to establish Nigeria’s National Regulatory Sandbox, calling on regulators across key sectors to ...
Nigeria
Nigeria: NAICOM revokes Nigeria Reinsurance’s licence over recapitalisation non-compliance
The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation after the company failed to meet the statutory Minimum ...
Nigeria
Nigeria: NDIC says over 98% of Nigerian bank depositors, 281 million accounts protected by deposit insurance
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed the strength of Nigeria’s financial safety net, disclosing that more than 98 per cent of ...
Regulatory
Global: Fed’s Daly backs decision to hold interest rates steady amid inflation concerns
Federal Reserve Bank of San Francisco President Mary Daly has reaffirmed her support for the U.S. Federal Reserve’s decision to keep interest rates ...
Regulatory
Global: Fed’s Schmid backs tighter monetary policy as inflation remains above target
Federal Reserve Bank of Kansas City President Jeff Schmid has called for tighter monetary policy, arguing that inflation in the United States remains ...
Nigeria
Nigeria: MDU Capital receives SEC licence to operate as fund and portfolio manager
Magen Doxa Umerim (MDU) Capital Limited has received approval from the Securities and Exchange Commission (SEC) to operate as a licensed fund and ...
Nigeria
Nigeria: Federal Government directs MDAs to strengthen data protection compliance
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to reinforce their data protection and privacy practices as part of efforts ...
Nigeria
Nigeria: African Alliance submits recapitalisation plan to NAICOM following regulatory handover
African Alliance Insurance Plc has announced that it has submitted its recapitalisation plan to the National Insurance Commission (NAICOM) and is awaiting further ...