Global
Global: US Treasury Unveils Proposal for Crypto Tax Reporting
The US Treasury has introduced a new proposal that mandates cryptocurrency exchanges and payment processors in the country to report transaction details of ...
Ghana
Ghana: Eganow Granted Enhanced Payment Service Provider License by Bank of Ghana
Eganow, a prominent fintech firm operating within Ghana, has successfully obtained an Enhanced Payment Service Provider license from the country’s Central Bank. This ...
Kenya
Kenya: Flutterwave Secures Initial Approval from CBK for Expansion Amid Rapid African Growth
Flutterwave Inc., the prominent Pan-African payments company, is poised for an expansive journey in its operating markets, driven by optimism and strategic plans. ...
Global
Global: Fed’s Powell- Potential Need for Higher Rates Balanced with Cautious Approach
Federal Reserve Chair Jerome Powell conveyed that the possibility of further interest rate hikes might be warranted to address lingering inflation concerns. In ...
Nigeria
Nigeria: SEC Reports Unclaimed Dividends Surge to N190 Billion Amid Identity Challenges
The Securities and Exchange Commission (SEC) has revealed that the tally of unclaimed dividends within the nation’s capital market has escalated to N190 ...
Nigeria
Nigeria: Telecom Operators Allege Banks’ Political Involvement in N150bn USSD Debt Dispute
Mobile Network Operators (MNOs) are raising concerns about political interference as a significant contributor to the ongoing deadlock surrounding the outstanding N150 billion ...
Regulatory
Rwanda’s Central Bank Raises Lending Rate to 7.5% to Combat Inflationary Pressures
Rwanda’s central bank has announced an increase of 50 percentage points in its lending rate, raising it to 7.5%, as part of its ...
Nigeria
Nigerian Fintech Moniepoint Receives Approval for Acquisition of Kenyan Fintech Kopo Kopo
Moniepoint, a prominent Nigerian Fintech firm offering a comprehensive payments, banking, and operations platform for businesses, has been granted regulatory approval for the ...
Ghana
Ghana Revenue Authority Gains ¢440 Million in 6 Months from E-commerce Taxes
Since the latter part of 2022 when taxes were introduced on e-commerce services in Ghana, the Ghana Revenue Authority (GRA) has successfully collected ...
Global
Global: Morgan Stanley Faces £5.4m Fine for Energy Traders’ WhatsApp Use
Morgan Stanley is being fined £5.41 million ($6.9 million) following revelations that its energy traders discussed business matters over WhatsApp using private phones. ...
