Nigeria
Nigeria: CBN retains limits on BDC access to official FX market
The Central Bank of Nigeria has sustained restrictions on Bureau De Change (BDC) operators’ access to the official foreign exchange market, citing ongoing ...
Nigeria
Nigeria: NAICOM, NASRDA to leverage satellite data to expand insurance coverage
National Insurance Commission (NAICOM) and National Space Research and Development Agency (NASRDA) are advancing a strategic collaboration aimed at transforming Nigeria’s insurance landscape ...
Regulatory
Global: US Regulatory Shift Accelerates Stablecoin Adoption in Payments Ecosystem
Stablecoins are rapidly moving into the mainstream of global payments, driven by evolving regulation and increasing demand for faster, more efficient cross-border transactions. ...
Nigeria
Nigeria: NCC Warns Tower Firms Over Service Quality, Signals Sanctions for Non-Compliance
The Nigerian Communications Commission (NCC) has issued a strong warning to telecom tower companies, stating that firms failing to meet infrastructure and service ...
Regulatory
Global: RBI Revokes Paytm Payments Bank Licence Over Regulatory Breaches
The Reserve Bank of India has revoked the licence of Paytm Payments Bank, effectively bringing an end to its banking operations after a ...
Nigeria
Nigeria: CBN Policies Averted Economic Crisis, Says Deputy Governor
The Deputy Governor, Corporate Services, of the Central Bank of Nigeria (CBN), Emem Usoro, has credited the bank’s ongoing reforms with stabilising Nigeria’s ...
Ghana
Ghana Advances Non-Interest Banking as Lenders Seek Licences
Ghana is edging closer to launching non-interest banking, with at least one indigenous lender formally applying for a licence, signalling early domestic adoption ...
Nigeria
Nigeria: Digital Economy Bill to Drive AI, Cloud Adoption – FG
Nigeria is accelerating its shift towards a fully digital economy as the Federal Government advances plans for an e-governance and digital economy bill ...
Nigeria
Nigeria: FG backs Cardoso’s reforms, bank recapitalisation drive
President Bola Ahmed Tinubu has expressed strong support for the ongoing reform agenda of the Central Bank of Nigeria (CBN) under Governor Olayemi ...
Nigeria
Nigeria: Tax Ombud pushes integration into revenue system to strengthen compliance
The Chief Executive of the Office of the Tax Ombud (OTO), John Nwabueze, has called for the formal integration of the office into ...