Nigeria
Nigeria: 30 Banks Meet New Capital Threshold as Recapitalisation Programme Advances – CBN
Central Bank of Nigeria (CBN) has announced that 30 banks have met the revised minimum capital requirements introduced in March 2024 as part ...
Ghana
Ghana Signs Debt Restructuring Agreement with Belgium
Ghana has signed a bilateral debt restructuring agreement with Belgium as part of its broader efforts to stabilise public finances following the severe ...
Nigeria
Nigeria’s Reform Drive Supports Growth Outlook Amid Naira Volatility – S&P
Analysts at S&P Global Ratings have expressed cautious optimism about Nigeria’s economic outlook, noting that the reform agenda introduced by President Bola Tinubu ...
Nigeria
Nigeria: CBN Strengthens Foreign Reserves with $3.5bn Gold Holdings
Nigeria’s foreign reserves have received a significant boost as the Central Bank of Nigeria (CBN) confirmed that the value of its gold holdings ...
Ghana
Ghana Regulator Moves to End NGIC’s 5G Exclusivity Clause
Ghana’s telecommunications regulator, the National Communications Authority, has initiated steps to remove the 5G exclusivity clause granted to Next-Gen Infraco (NGIC), a move ...
Nigeria
Nigeria: NDPC Joins Global Regulators to Address Privacy Risks in AI-Generated Content
The Nigeria Data Protection Commission (NDPC) has joined more than 60 global Data Protection Authorities (DPAs) in endorsing a Joint Statement on AI-Generated ...
Nigeria
Nigeria: Senate Calls for Stronger CBN Oversight of Fintech Sector
The Nigerian Senate has called for a more robust regulatory framework that positions the Central Bank of Nigeria (CBN) at the centre of ...
Nigeria
Nigeria: 12 Nigerian States Adopt Tax Harmonisation Law – Oyedele
No fewer than 12 states across Nigeria have enacted the Tax Harmonisation Law recently introduced by the Federal Government as part of ongoing ...
Regulatory
Global: Kraken Becomes First Crypto Firm to Secure Federal Reserve Master Account
Kraken has achieved a major milestone in the digital asset sector after its banking subsidiary, Kraken Financial, became the first cryptocurrency-focused institution to ...
Kenya
Kenya: COMESA Clears Vodacom’s Bid to Acquire Additional 15% Stake in Safaricom
The Common Market for Eastern and Southern Africa (COMESA) Competition and Consumer Commission has approved Vodacom Group’s plan to acquire an additional 15 ...
