Nigeria
Nigeria: SEC Raises Capital Requirements for Market Operators, Sets 18-Month Compliance Deadline
Nigeria’s Securities and Exchange Commission (SEC) has unveiled a sweeping revision of minimum capital requirements for operators in the country’s capital market, significantly ...
Regulatory
Global: FTC Seeks Contempt Ruling Against Payment Processor Cliq
The US Federal Trade Commission (FTC) has asked a federal court to hold payments processor Cliq and two of its senior executives in ...
Nigeria
Nigeria: NCC Engages PwC to Assess Competition in Nigeria’s Telecom Sector
Nigeria’s telecoms regulator, the Nigerian Communications Commission (NCC), has appointed PricewaterhouseCoopers (PwC) to carry out an independent, data-driven assessment of competition within the ...
Nigeria
Nigeria: NRS Clarifies VAT Treatment on Bank Customers’ Transactions
The Nigeria Revenue Service (NRS) has issued a clarification to address public concerns around Value-Added Tax (VAT) on banking transactions, stressing that no ...
Regulatory
Global: LSEG Launches Blockchain-Based Digital Settlement Network
The London Stock Exchange Group (LSEG) has unveiled a new blockchain-enabled settlement service, marking a significant step in bridging traditional financial infrastructure with ...
Regulatory
Global: Mastercard, Visa and Revolut Lose UK Court Challenge Over Interchange Fee Caps
Mastercard, Visa and fintech firm Revolut have lost a legal challenge against the UK’s Payment Systems Regulator (PSR) over its authority to cap ...
Regulatory
Global: ESMA Rolls Out New Data and Digital Strategy Roadmap
The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator, has unveiled a refreshed Digital Strategy alongside an updated Data ...
Nigeria
Nigeria: Oyedele Reveals Why New Tax Law Faces Criticism
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has warned that the reforms will come with some ...
Nigeria
Nigeria: Amazon’s Project Kuiper Secures NCC Approval to Launch Satellite Internet in Nigeria
Amazon’s Project Kuiper has received regulatory approval from the Nigerian Communications Commission (NCC) to deploy satellite internet services in Nigeria, marking a significant ...
Nigeria
Nigeria: Heirs Technologies Secures NRS Accreditation for E-Invoicing Compliance
Heirs Technologies has received accreditation from the Nigeria Revenue Service (NRS) as a System Integrator for the Federal Government’s mandatory e-invoicing framework, positioning ...
