Nigeria
Nigeria: Banks, Insurers to Report Monthly Transactions Exceeding N25m to Tax Authorities
Beginning January 2026, banks, insurance companies, and other financial institutions in Nigeria will be required to report monthly financial transactions exceeding N25 million ...
Regulatory
Global: Qatar Central Bank Clarifies Temporary ATM and POS Network Disruption
Doha, Qatar – The Qatar Central Bank (QCB) has clarified that a temporary disruption in the National ATM and Point of Sale (POS) ...
Nigeria
Nigeria: NIMC Warns Nigerians Against Selling NIN Data Amid Alarming Rise in Identity Misuse
The National Identity Management Commission (NIMC) has issued a stern warning to Nigerians, particularly young people, over the rising trend of individuals selling ...
Ghana
Ghana to License Crypto Platforms Amid $3 Billion Surge in Transactions
The Bank of Ghana is set to introduce a licensing regime for cryptocurrency platforms as part of a broader regulatory framework aimed at ...
Nigeria
Nigeria: FIRS Mandates Real-Time Data Integration from Banks and Fintechs to Strengthen VAT Compliance
The Federal Inland Revenue Service (FIRS) has introduced a real-time monitoring platform aimed at improving the tracking of Value Added Tax (VAT)-eligible electronic ...
Regulatory
Global: China Proposes Global AI Governance Body Amid Growing US-China Policy Divide
China has unveiled a proposal to establish an international artificial intelligence (AI) cooperation organization, calling for a unified global framework to manage the ...
Egypt
Egypt’s FRA Approves Fintech Expansion and Establishment of Three New Startups
Egypt’s Financial Regulatory Authority (FRA) has granted approvals aimed at bolstering the country’s fintech ecosystem, greenlighting the expansion of existing services and the ...
Nigeria
Nigeria: FRC, LCCI Forge Strategic Alliance to Strengthen MSME Governance
The Financial Reporting Council (FRC) of Nigeria has entered into a strategic partnership with the Lagos Chamber of Commerce and Industry (LCCI) and ...
Nigeria
Nigeria SEC Signals Green Light for Stablecoins Under Regulatory Oversight
Nigeria has declared its openness to stablecoin innovation, provided it aligns with established regulatory safeguards, according to the Securities and Exchange Commission (SEC). ...
Nigeria
Nigeria: SEC Affirms Regulatory Compliance in First Holdco’s N323bn Share Transaction
The Securities and Exchange Commission (SEC) has confirmed that the recent N323.33 billion share acquisition involving First Bank Holding Company (First Holdco), two ...