Kenya
Kenya Moves to Tax Offshore VC Exits with New 15% Capital Gains Levy
Kenya is moving to impose a 15 per cent capital gains tax (CGT) on offshore sales involving local companies, in a move that ...
Nigeria
Nigeria: Banks, Fintechs Flag Over 82,000 Suspicious Transactions to NFIU in 2024
Nigeria’s financial institutions reported 82,143 suspicious transactions to the Nigerian Financial Intelligence Unit (NFIU) in 2024, reflecting heightened vigilance against money laundering, terrorism ...
Nigeria
Nigeria: CBN Warns Against Return to Intervention Policies Amid Push for Stability
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed calls for the apex bank to return to large-scale intervention ...
Regulatory
Global: Bank of England Signals Softer Approach to Stablecoin Restrictions
The Bank of England is considering easing parts of its proposed stablecoin regulatory framework following concerns from industry stakeholders over the potential impact ...
Nigeria
Nigeria: NCC Seeks Stronger Judicial Support to Address Telecom Infrastructure Attacks
The Nigerian Communications Commission has called for deeper collaboration with the National Judicial Institute to address growing legal and security challenges affecting Nigeria’s ...
Nigeria
Nigeria: CBN Urges States to Reduce Dependence on Overdrafts Amid Inflation Targeting Shift
The Central Bank of Nigeria has called on state governments to reduce their dependence on overdrafts and short-term borrowing, warning that weak fiscal ...
Nigeria
Nigeria: CBN Tightens Banking Oversight After N4.65tn Recapitalisation Drive
The Central Bank of Nigeria has signalled a tougher regulatory stance following the successful completion of the banking sector recapitalisation exercise, which saw ...
Ghana
Ghana: Virtual Assets Could Create Ghana’s First Under-40 Billionaires — SEC
Securities and Exchange Commission Ghana says it is positioning Ghana’s virtual assets ecosystem to unlock a new era of wealth creation that could ...
Regulatory
Global: Lagarde Dismisses Euro Stablecoins as Path to Currency Strength
Christine Lagarde has questioned the growing push for euro-denominated stablecoins, arguing that they are unlikely to strengthen the euro’s global standing or enhance ...
Nigeria
Nigeria: CBN Reforms Strengthen Nigeria’s Shock Absorption Capacity
Nigeria’s economy is navigating a period of heightened global uncertainty, with external pressures—from geopolitical tensions in the Middle East to tightening global financial ...