Regulatory
Global: ECB Targets 2027 Pilot for Digital Euro Ahead of 2029 Rollout
The European Central Bank (ECB) has announced plans to begin a digital euro pilot in 2027, setting the stage for a potential full ...
Regulatory
Global: Nomura Rules Out Further Fed Rate Cuts in 2025 After October Easing
Nomura has revised its outlook for U.S. monetary policy, stating that it no longer expects the Federal Reserve to deliver another rate cut ...
Nigeria
Nigeria’s Telecom Sector Enters New Era as Olorunnimbe, Maida Lead Fully Reconstituted NCC Board
Nigeria’s telecommunications industry — valued at over $75 billion and contributing nearly 16% to national GDP — is poised for renewed regulatory momentum ...
Nigeria
Nigeria moves to create single powerful regulator for fintechs with proposed bill
Nigeria’s House of Representatives, the 360-member lower chamber of the National Assembly, is considering a bill sponsored by Hon. Fuad Kayode Laguda, a ...
Nigeria
Nigeria: FIRS, Judiciary Deepen Collaboration to Address Emerging Tax Challenges
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has commended the Nigerian judiciary for its consistent, well-grounded tax rulings, ...
Regulatory
Global: APRA Cautions Australian Banks Over Legacy Tech and Cloud Concentration Risks
The Australian Prudential Regulation Authority (APRA) has urged banks and their internal audit teams to strengthen oversight of technology-related risks, warning that overreliance ...
Regulatory
Global: UK Payments Sector Criticizes Government’s Regulatory Overhaul as “Reshuffle, Not Reform”
The UK government’s plan to dissolve the Payment Systems Regulator (PSR) as part of a broader effort to streamline oversight and stimulate economic ...
Nigeria
Nigeria: Bank Charges, Multiple Taxes Major Burden for Nigerian Businesses
A survey by the Central Bank of Nigeria (CBN) has revealed that high bank charges, multiple taxation, and poor infrastructure remain the leading challenges confronting ...
Nigeria
Nigeria’s Central Bank Moves to Redefine Fintech Policy in Global Push for Innovation
The Central Bank of Nigeria (CBN) has renewed its commitment to aligning financial innovation with sound regulation, hosting a fintech roundtable on the ...
Nigeria
Nigerians trade $50bn in crypto, ignore capital market, says SEC
Nigeria’s capital market regulator, the Securities and Exchange Commission, has raised concerns over the growing preference of Nigerians for cryptocurrency trading over investments ...