Global
Global: SAP Settles FCPA Allegations, Agrees to $220 Million Payments
German software company SAP has reached a settlement exceeding $220 million with U.S. and South African authorities, resolving alleged violations of the Foreign ...
Regulatory
Global: NAICOM Approves Mary Adeyanju as MD/CEO of Consolidated Hallmark Insurance Limited
The National Insurance Commission (NAICOM) has granted approval for the appointment of Mrs. Mary Adeyanju as the Managing Director/Chief Executive Officer of Consolidated ...
Nigeria
Nigeria: Consumers Applaud Babatunde Irukera’s Impactful Leadership at FCCPC
Following the removal of Mr. Babatunde Irukera from his position as the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission ...
Nigeria
Nigeria: CBN Introduces Approval Requirement for 5% Bank Share Purchases
In a move to prevent situations similar to the Oba Otudeko and FBN Holdings incident, the Central Bank of Nigeria (CBN) has implemented ...
Nigeria
NIgeria: CBN Releases $61.64 Million to Address Trapped Funds of Foreign Airlines
The Central Bank of Nigeria (CBN) has successfully disbursed $61.64 million to foreign airlines through deposit money banks, as announced by Hakama Sidi-Ali, ...
Nigeria
Nigerian Banks Cease Acceptance of Loan Applications for CBN Intervention Programs
An increasing number of Nigerian Deposit Money Banks (DMBs) are initiating the process to cease accepting loan applications under the Central Bank (CBN) ...
Regulatory
Global: CFTC Advocates for Improved Identity Discovery in DeFi Space
he Commodity Futures Trading Commission (CFTC) is calling on policymakers to address identity-related challenges within Decentralized Finance (DeFi) operations. In a recent report, ...
Regulatory
Global: OpenAI Confronts Another Copyright Challenge Shortly After NYT Legal Battle
In the aftermath of its recent lawsuit with The New York Times, OpenAI faces a fresh legal hurdle as authors Nicholas Basbanes and ...
Regulatory
Global: “Regulatory Shifts to Spur Collaboration as Banks and Fintechs Forge Stronger Partnerships”
A recent report from Stears, a data and intelligence company, foresees a transformative era of collaboration emerging between banks and fintechs, driven by ...
Regulatory
Global: Visa Introduces Cutting-Edge Web3 Customer Loyalty Platform
Visa has unveiled a revolutionary Web3 loyalty engagement platform designed to enable businesses to reward customers not only for their purchases but also ...
