Nigeria
Nigeria introduces 1.5% stamp duty on cryptocurrency purchases under new NRS tax rules
Buying cryptocurrencies such as Bitcoin, USDT and other virtual assets in Nigeria will now attract additional costs following the introduction of a 1.5 ...
Ghana
Ghana: Bank of Ghana flags 20 unlicensed digital loan apps, warns consumers
The Bank of Ghana (BoG) has cautioned the public against using 20 digital loan applications operating without the required regulatory approval, reiterating its ...
Nigeria
Nigeria introduces tax framework for cryptocurrency profits under new NRS guidelines
Profits and income generated from cryptocurrency and other virtual asset transactions are now taxable in Nigeria following the release of comprehensive tax guidelines ...
Regulatory
Global: CFTC imposes $8 million penalty on UBS over AML compliance failures
The U.S. Commodity Futures Trading Commission (CFTC) has fined UBS Financial Services Inc. (UBS FSI) $8 million for deficiencies in its anti-money laundering ...
Nigeria
Nigeria: Middle East tensions limit CBN’s policy flexibility in inflation fight
Escalating geopolitical tensions in the Middle East continue to pose significant risks to the global economy, narrowing the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: CBN says stronger fintech regulations will promote fair competition
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening regulatory oversight of the fintech and digital payments ecosystem, stating that ...
Nigeria
Nigeria: Mobile money transactions in Nigeria climb 81% to N372.14tn, CBN reports
Mobile money transactions in Nigeria reached N372.14 trillion in 2025, representing an 81.26 per cent increase from N205.31 trillion recorded in 2024, according ...
Nigeria
Nigeria’s mobile subscriptions hit highest level since 2024, NCC data shows
Nigeria’s mobile telecommunications sector has continued its recovery, with active mobile subscriptions rising to 189.4 million in May, marking the highest level recorded ...
Nigeria
Nigeria: NAICOM clears 43 insurers after recapitalisation exercise, reviews eight others
The National Insurance Commission (NAICOM) has announced the successful completion of Nigeria’s 12-month insurance sector recapitalisation exercise, confirming that 43 insurance and reinsurance ...
Ghana
Ghana: Bank of Ghana intensifies liquidity mop-up to support inflation control
The Bank of Ghana (BoG) has stepped up its liquidity management operations, absorbing GH¢28.21 billion from commercial banks through two 14-day bill auctions ...
