Nigeria
Nigeria: CBN tightens monitoring of banks over terrorism financing risks
The Central Bank of Nigeria (CBN) has intensified its supervision of banks and other regulated financial institutions over terrorism financing risks, strengthening regulatory ...
Ghana
Ghana: President Mahama Inaugurates Five-Member Independent Fiscal Council
President John Dramani Mahama has inaugurated a five-member Independent Fiscal Council tasked with providing independent and objective oversight of Ghana’s fiscal policy as ...
Ghana
Ghana: BoG Moves to Regulate Cedi-Backed Stablecoins
The Bank of Ghana (BoG) is developing a dedicated regulatory framework for cedi-backed stablecoins as it seeks to harness blockchain-based payments while protecting ...
Ghana
Ghana: Non-Interest Banks to Operate Under Same BoG Regulatory Standards
Non-interest banks operating in Ghana will be subject to the same regulatory and supervisory discipline that applies to conventional banks, as the Bank ...
Regulatory
Global: Nasdaq, Börse Stuttgart and Others Urge EU to Rethink €100bn DLT Cap
Nasdaq, Börse Stuttgart Group and other European market infrastructure players are calling on EU lawmakers to reconsider a proposed €100 billion limit under ...
Nigeria
Nigeria: NITDA Boss Pushes for Co-Regulation to Unlock Africa’s Digital Infrastructure Investment
Africa’s growing digital economy is attracting increasing interest from global technology investors, but regulatory fragmentation and multiple approval processes remain significant barriers to ...
Nigeria
Nigeria: PalmPay steps up security drive amid rising fraud concerns
PalmPay is strengthening its customer security measures with a new campaign focused on fraud awareness, account protection and giving users greater control over ...
Nigeria
Nigeria: N4.66tn liquidity surplus eases funding pressure across Nigerian banks
Nigeria’s banking system recorded a significant increase in excess liquidity last week, easing funding pressure on financial institutions and pushing overnight borrowing rates ...
Ghana
Ghana: NDPC tasked to track progress of Ghana’s ‘New Economy’ programme
Ghana’s National Development Planning Commission (NDPC) has been tasked with tracking and assessing the implementation of the government’s proposed “New Economy” programme as ...
Nigeria
Nigeria: NAICOM shifts focus to insurance penetration after recapitalisation
Nigeria’s insurance regulator has shifted its attention from strengthening insurers’ capital base to expanding market penetration, following the completion of the industry’s recapitalisation ...