Regulatory
Global: UK Government to Review Identity Verification and Bank Data to Combat Benefits Fraud
The UK government has unveiled plans to combat benefit fraud, aiming to save taxpayers £9 billion by 2028. This announcement has sparked controversy ...
Nigeria
Nigeria: NCC Halts Issuance of Telecom Licences for Market Evaluation
The Nigerian Communications Commission (NCC) has declared a temporary pause on the issuance of new licenses for Interconnect Exchange, Mobile Virtual Network Operator ...
Nigeria
Nigeria: BDC operators eye SEC partnership on digital currency
The Association of Bureaux De Change Operators of Nigeria has called for the Securities and Exchange Commission’s guidance and collaboration on its digital ...
Nigeria
Nigeria: SEC applauds crypto firm’s delisting of naira
The Director General of the Securities and Exchange Commission, Dr Emomotimi Agama, has expressed delight as one of the cryptocurrency exchanges delisted the ...
Regulatory
Global: US Senate Votes to Overturn SEC Crypto Rule Impacting Banks
A majority in the United States Senate has approved a joint resolution urging the Securities and Exchange Commission (SEC) to revoke a rule ...
Regulatory
Global: Australian Bank-Backed Digital Identity Protection Tool Alerts Users of Potential Fraud
Australia’s largest bank’s venture scaling arm has introduced a new digital identity protection tool aimed at alerting users to potential identity theft or ...
Nigeria
Nigeria: Central Bank of Nigeria Pledges Vigilant Approach to Tackle High Inflation
In a recent interview with the Financial Times, Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), affirmed the Monetary Policy ...
Nigeria
Nigeria: NAICOM Initiates Plan to Integrate Insurance into National Credit Scheme
The National Insurance Commission (NAICOM) is spearheading efforts to incorporate insurance into the national credit scheme, according to Olusegun Omosehin, the Commissioner for ...
Nigeria
Nigeria: CBN Initiates Plan to Double Foreign Remittance Flows
The Central Bank of Nigeria (CBN) has taken proactive measures to double foreign-currency remittance flows through formal channels by granting Approval-in-Principle (AIP) to ...
Ghana
Ghana: Bank of Ghana Grants Zeepay Approval for Outbound Money Transfers within Regulatory Sandbox
Zeepay, an innovative fintech company and a prominent player in Africa’s mobile money sector, has received regulatory approval from the Bank of Ghana ...