Nigeria
Nigeria: NAICOM Raises Minimum Capital for Microinsurance Firms to ₦3bn
The National Insurance Commission (NAICOM) is set to increase the minimum capital requirement for microinsurance operators to ₦3 billion, marking a significant shift ...
Nigeria
Nigeria: Naira Settlement Policy Reshapes Nigeria’s Remittance Landscape
A new directive by the Central Bank of Nigeria (CBN) mandating naira-based settlement for diaspora remittances marks a significant shift in Nigeria’s foreign ...
Ghana
Ghana: Bank of Ghana to Launch GH¢2bn Price Stabilisation Fund
The Bank of Ghana is set to establish a GH¢2 billion price stabilisation fund aimed at reducing volatility in key agricultural commodities, including ...
Nigeria
Nigeria: CBN Selects Flutterwave, Paystack, Others for Virtual Asset Compliance Pilot
The Central Bank of Nigeria (CBN) has selected a group of fintech and digital asset firms, including Flutterwave, Paystack, KuCoin, cNGN, Juicyway, and ...
Regulatory
Global: ASIC Inquiry Flags Major Governance and Technology Gaps at ASX
Australian Securities and Investments Commission (ASIC) has released the final report of its inquiry into the Australian Securities Exchange, highlighting significant shortcomings in ...
Nigeria
Nigeria: CBN Sets Tight Cybersecurity Deadline for Banks, Financial Institutions
The Central Bank of Nigeria (CBN) has introduced a strict compliance timeline for banks and financial institutions to complete a mandatory Cybersecurity Self-Assessment ...
Nigeria
Nigeria: NAICOM Positions Insurance as Nigeria’s Next Economic Growth Engine
The National Insurance Commission (NAICOM) has identified the insurance sector as a key driver of Nigeria’s future economic and industrial growth, citing recent ...
Nigeria
Nigeria: Budget Office DG Defends Nigeria’s Fiscal Federalism, Rejects One-Party State Claims
The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has reaffirmed the strength of Nigeria’s federal structure, dismissing concerns that the ...
Regulatory
Global: Reserve Bank of Australia Moves to Cap Interchange Fees, Ban Card Surcharges
The Reserve Bank of Australia (RBA) has announced a series of payment sector reforms, including plans to cap interchange fees and eliminate merchant ...
Regulatory
Global: ECB Unveils Strategy to Shape the Future of European Payments
The European Central Bank (ECB) has released a comprehensive payments strategy outlining its roadmap for the future of Europe’s payments ecosystem, as technological ...
