Nigeria
Nigeria: FX Backlog Clearance and Transparency Drive Rise in External Reserves — CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has credited the recent growth in Nigeria’s external reserves to the clearance ...
Nigeria
Nigeria: Meta, NDPC Move to Settle $32.8 Million Data Privacy Dispute Out of Court
Global tech giant Meta and the Nigeria Data Protection Commission (NDPC) have agreed to resolve their $32.8 million data privacy dispute through an ...
Regulatory
Global: Fed’s John Williams Urges Central Banks to Brace for Uncertainty and Innovation
Federal Reserve Bank of New York President John Williams has cautioned that central banks must be prepared to navigate an era defined by ...
Kenya
Kenya Moves Closer to Crypto Regulation as VASP Bill Advances in Parliament
Kenya is edging towards comprehensive cryptocurrency regulation after its National Assembly approved the Virtual Asset Service Providers (VASP) Bill at the committee stage ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Clean Naira Notes, Highlights Currency and Economic Stability Efforts
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the circulation of clean Naira notes while urging Nigerians to treat ...
Nigeria
Nigeria: NDIC Warns Nigerians Against Rising Ponzi Schemes, Reaffirms Deposit Insurance Protection
The Nigeria Deposit Insurance Corporation (NDIC) has cautioned Nigerians to remain vigilant against fraudulent investment platforms, including Ponzi schemes, stressing that only funds ...
Nigeria
Nigeria: CBN announces phased restructuring of fixed income market to enhance transparency and oversight
The Central Bank of Nigeria (CBN) has unveiled plans for a phased restructuring of the Nigerian Fixed Income Market, in a move aimed ...
Regulatory
Global: Nubank Seeks U.S. National Bank Charter to Deepen Global Expansion
Nubank, Latin America’s largest digital bank, has formally applied for a U.S. national bank charter from the Office of the Comptroller of the ...
Nigeria
Nigeria Achieves Global Milestone with Tax-ID Registration and Peppol Integration
Nigeria has reached a landmark achievement in its digital trade and tax administration journey with the global registration of its Tax Identification Number ...
Nigeria
Nigeria’s Pension Fund Assets Surpass ₦25tn Milestone Amid Regulatory Reforms
Nigeria’s pension industry has crossed a major milestone, with total pension fund assets rising above ₦25 trillion for the first time. According to ...