Nigeria
Nigeria: Citigroup Urges CBN to Lift Forex Restrictions on 43 Items
Citigroup has called for the removal of foreign exchange restrictions on 43 specific items imposed by the Central Bank of Nigeria (CBN) as ...
Namibia
Namibia Grants 4G and 5G Licenses to Three Companies
Namibia’s Communications Regulatory Authority (CRAN) has issued 5G licenses to three companies: Loc8 Mobile, Telecom Namibia Limited, and Mobile Telecommunications Limited. The spectrum ...
Regulatory
Global: Ripple’s Singapore Subsidiary Attains Payments License
Ripple, the cryptocurrency company, announced on Wednesday that its subsidiary in Singapore has secured a payments license that permits operation in the city-state ...
Regulatory
Global: Australian Government Proposes Legislation to Regulate Digital Payment Providers
Australia’s government announced plans on Wednesday () to introduce legislation granting the central bank regulatory authority over digital wallet providers, including Apple Pay ...
Nigeria
Nigerian Government Shifts Focus to Non-Debt Revenue and Announces New Reforms, Says Finance Minister
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has declared the government’s commitment to prioritize the utilization of internal ...
Regulatory
Global: US Consumer Protection Agency Explores Applying E-Banking Laws to Digital Assets
The Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, has revealed that the agency is contemplating the extension of e-banking laws ...
Regulatory
Global: FCA Issues 146 Alerts to Non-Compliant Firms on First Day of New Crypto Asset Promotion Rules
The Financial Conduct Authority (FCA) in the UK wasted no time in taking action as it issued a total of 146 alerts regarding ...
Nigeria
Nigeria: CBN Imposes ₦718 Billion Debit on Banks for Missing Loan Target
The Central Bank of Nigeria (CBN) has imposed a substantial ₦718 billion debit on Deposit Money Banks (DMBs) due to their failure to ...
Regulatory
Global: UK Regulator, FCA, Flags Over 140 Crypto Exchanges as ‘Non-Authorized’
On October 8th, the Financial Conduct Authority (FCA), the financial markets regulator in the United Kingdom, was active in adding numerous crypto exchanges ...
Nigeria
Nigeria: NAICOM Collaborates with Federal Government to Develop Guidelines for Government Asset Insurance
Mr. Sunday Thomas, the Commissioner for Insurance and Chief Executive Officer (CEO) of the National Insurance Commission (NAICOM), has revealed that the insurance ...