Global
LinkedIn is shutting down operations in China due to government regulations
Nearly seven years after its launch, Microsoft is shutting down LinkedIn in China, marking the end of the last major US-owned social network ...
Regulatory
Zimbabwe: RBZ Orders Banks to Detect Debit Card Abuses
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has ordered banks to urgently implement measures to detect ongoing rampant debit card abuses ...
Nigeria
Nigeria: CBN issues guidelines on disposal of non-permissible income
The Central Bank of Nigerian has issues guidelines for the disposal of Non-permissible income (NPI) for Non-interest financial institutions (NIFI). This is according ...
Global
UAE introduces licensing regime for payment service providers
The Central Bank of the United Arab Emirates (CBUAE) has continued efforts to prepare the country for digital payments with a regulation licensing retail payment ...
Ghana
Ghana: Govt to Licence Cyber Security Companies Soon-Communications Minister
Ghana’s Minister of Communications and Digitalisation, Mrs Ursula Owusu-Ekuful, has said cyber security companies and professionals in the country will soon be licenced. ...
Nigeria
Nigeria: CBN Gives New Framework, Set To Bar BVN Violators From Banking Services
In line with its objective of promoting financial system stability, the Central Bank of Nigeria (CBN) has issued a Revised Regulatory Framework for ...
Global
Bank of England Issues Warning to Financial Institutions Thinking of Adopting Crypto
The Financial Policy Committee (FPC) of the Bank of England has issued a warning to financial institutions considering jumping into the crypto markets. ...
Regulatory
Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator
Binance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by ...
Global
NatWest to be fined with GBP 340M
NatWest has announced it could face a fine of up to GBP 340 million after it pleaded guilty to three charges failing to comply ...
Nigeria
Nigeria: SEC approves MTN Nigeria’s N89.99bn series II bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II ...
