Nigeria
Nigeria: CBN Directs Financial Institutions to Channel Regulatory Reports to Compliance Department
The Central Bank of Nigeria (CBN) has issued a directive requiring all financial institutions to submit regulatory reports, correspondence, and related inquiries through ...
Nigeria
Nigeria: FG Moves Against Rogue Digital Lenders With New Regulatory Framework
The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), has introduced stringent new regulations to rein in rogue digital lenders ...
Nigeria
Nigeria: Edun Pushes National Single Window to Drive Economic Stability
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the transformative potential of the National Single Window (NSW) ...
Regulatory
Global: Australia’s Central Bank Probes AI’s Potential Impact on Economy
The Reserve Bank of Australia (RBA) is examining how artificial intelligence (AI) and other emerging technologies could shape the nation’s economy, with possible ...
Nigeria
Nigeria: CBN’s New PoS Rules Strengthen E-Payments, Boost Consumer Protection
The Central Bank of Nigeria, CBN has explained that measures taken with the new Point of Sales, PoS regulations will boost payment efficiency ...
Regulatory
Kuwait’s Central Bank Introduces Seven Rules to Strengthen Fairness in Bank Prize Draws
The Central Bank of Kuwait (CBK) has issued a set of seven regulatory guidelines for local banks to govern prize-based draws, reinforcing transparency ...
Nigeria
Nigeria: NDPC Reaffirms Strict Enforcement of Data Protection Act at NGDX Workshop
The National Commissioner of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has reiterated the Commission’s unwavering commitment to enforcing the Nigeria ...
Nigeria
Nigeria: PenCom Reiterates Ban on PFAs Inducing RSA Holders
The National Pension Commission (PenCom) has reiterated its zero-tolerance stance against inducement of Retirement Savings Account (RSA) holders, warning Pension Fund Administrators (PFAs) ...
Regulatory
Global: CFTC Reaffirms Framework for Crypto Asset Trading Through Foreign Exchanges
The U.S. Commodity Futures Trading Commission (CFTC) has reiterated its commitment to supporting digital asset trading by clarifying the registration framework for foreign ...
Nigeria
Nigeria: CAC Reaffirms Commitment to NAICOM on NIIRA 2025 Implementation
The Corporate Affairs Commission (CAC) has pledged strong support for the National Insurance Commission (NAICOM) in the implementation of the newly enacted Nigeria ...
