Ghana
Ghana: Bank of Ghana Issues Strong Warning Against Remittance Guideline Violations
The Bank of Ghana (BoG) has issued a stern reminder to participants in the remittance sector to adhere strictly to established regulations or ...
Nigeria
Nigeria Data Protection Bill, 2023 Signed into Law by President Tinubu
The Nigeria Data Protection Act of 2023 has been enacted, setting a robust legal framework for safeguarding personal information and steering data protection ...
Global
Global: Spotify Faces $5.4 Million GDPR Violation Fine for Mishandling User Data
Swedish music streaming giant Spotify has been fined SEK 58 million ($5.4 million) by a Swedish regulator for violating the European Union’s General ...
Nigeria
Nigeria: FIRS Initiates Implementation of Revised Finance Act, 2023
On Tuesday, the Federal Inland Revenue Service (FIRS) officially launched the implementation of the revised Finance Act, 2023. This announcement was conveyed through ...
Kenya
Kenya: Nairobi Court Freezes 45 Bank Accounts and 10 Mobile Money Wallets of Flutterwave Amid Allegations
A Nairobi court in Kenya has ordered the freezing of 45 bank accounts and 10 mobile money wallets owned by Flutterwave, a Nigerian ...
Ghana
Ghana: Bank of Ghana Issues Strong Warning Against 97 Unlicensed Loan Providers Operating via Mobile Money
The Bank of Ghana (BoG) has issued a stern notice regarding the persistently growing number of unlicensed entities offering loans through mobile applications ...
Nigeria
Nigerian Regulatory Bodies and Exchange Collaborate to Strengthen Securities Lending Facility
The Nigerian securities market is set to witness a boost in investor participation and securities lending transactions, as the Securities and Exchange Commission ...
Nigeria
Nigeria: PenCom Explores Securities Lending by PFAs to Boost Capital Market
The National Pension Commission (PenCom) has announced its intention to formulate regulations that will enable Pension Fund Administrators (PFAs) to engage in securities ...
Global
Global: EU to Review US Restrictions on Tech Investments in China
The European Commission of the EU has revealed its intention to evaluate the recent U.S. ban on new American investments in China, particularly ...
Global
Global: US Federal Reserve Outlines Guidelines for Banks in Stablecoin Transactions
State banks within the U.S. Federal Reserve system seeking to partake in transactions involving dollar-backed tokens like stablecoins must secure written supervisory nonobjection ...