Nigeria
Nigeria’s Insurance Sector Records Strong Growth with N2.3tr Premiums and N4.8tr Assets
Nigeria’s insurance industry is witnessing sustained expansion, with new data highlighting increased premium volumes, improved claims settlement, and rising asset growth—signalling stronger confidence ...
Regulatory
Global: FCA Unveils Strategic Roadmap to Advance Open Finance Ecosystem
The Financial Conduct Authority (FCA) has outlined its vision for the future of open finance, proposing a framework that gives consumers and businesses ...
Africa
Africa: WATRA Advances Regulatory Frameworks to Unlock West Africa’s $216bn Digital Economy
The West Africa Telecommunications Regulators Assembly (WATRA), in collaboration with the Nigerian Communications Commission and other regional stakeholders, has reaffirmed its commitment to ...
Regulatory
Global: U.S. Federal Reserve Explores FedNow Expansion into Cross-Border Payments
The Federal Reserve has launched a public consultation on a proposal to extend its FedNow real-time payments system to support cross-border transactions, marking ...
Regulatory
Global: EBA Introduces Unified Reporting Framework to Streamline SEPA Data Submissions
The European Banking Authority (EBA) has unveiled a new decision aimed at harmonising how National Competent Authorities (NCAs) report data under the Single ...
Nigeria
Nigeria: FG Unveils 2026 Fiscal Measures to Cushion Economy Against Global Shocks
The Federal Government has introduced new 2026 fiscal policy measures aimed at shielding Nigeria’s economy from external shocks triggered by escalating geopolitical tensions ...
Nigeria
Nigeria: NAICOM Recapitalisation Drive Reshapes Nigeria’s Insurance Landscape
Nigeria’s insurance sector is undergoing a significant transformation as the National Insurance Commission (NAICOM) enforces a 31 July 2026 recapitalisation deadline. More than ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight as Digital Finance Ecosystem Expands
The Central Bank of Nigeria (CBN) is intensifying its supervisory approach to Nigeria’s fast-growing digital finance ecosystem, introducing new measures aimed at reinforcing ...
Nigeria
Nigeria: SEC Mandates Immediate Asset Freeze on 13 Terror-Linked Entities in Capital Market Crackdown
Nigeria’s Securities and Exchange Commission (SEC) has issued a sweeping directive ordering the immediate freezing of assets linked to 13 entities recently flagged ...
Nigeria
Nigeria: VASPA Raises Transparency Concerns Over CBN’s VASP Supervisory Pilot
The Virtual Asset Service Providers Association (VASPA) has welcomed the Central Bank of Nigeria’s (CBN) move to strengthen oversight of the country’s virtual ...
