Nigeria
Nigeria: Liquidity tightening pushes Nigeria’s overnight rate to 22.20%
Nigeria’s overnight lending rate rose marginally as tighter liquidity conditions followed recent Central Bank of Nigeria (CBN) treasury bills transactions that drained funds ...
Nigeria
Nigeria: FCMB receives ISACA award for contributions to digital trust and cybersecurity
First City Monument Bank (FCMB) has been recognised by the Lagos Chapter of the Information Systems Audit and Control Association (ISACA) for its ...
Regulatory
Global: Canada ready for US trade deal that benefits both countries, Carney says
Canadian Prime Minister Mark Carney says Canada remains prepared to reach a trade agreement with the United States, provided the deal delivers benefits ...
Nigeria
Nigeria: NAICOM targets wider insurance penetration after recapitalisation
The National Insurance Commission (NAICOM) has launched the Insurance Sector Strengthening Programme (ISSP), a new initiative aimed at expanding insurance coverage in Nigeria ...
Regulatory
Global: RBA finds no clear case for retail CBDC in Australia
The Reserve Bank of Australia (RBA) has concluded that there is currently no clear public-interest case for introducing a retail central bank digital ...
Regulatory
Global: Revolut secures conditional OCC approval for US national bank
Revolut has secured conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a national bank in the ...
Africa
Africa needs unified digital trust framework for cross-border trade, NIMC boss says
Africa needs a common digital trust framework to enable secure identity verification, electronic signatures and online transactions across national borders, Director-General and Chief ...
Regulatory
Global: Australia raises ING’s capital and liquidity requirements over reporting failures
Australia’s prudential regulator has imposed additional capital and liquidity requirements on ING Bank Australia after identifying miscalculations that overstated the bank’s liquidity position ...
Kenya
Kenya tightens rules for deactivating and recycling inactive mobile numbers
Kenya’s telecom operators will face stricter requirements for deactivating and recycling inactive mobile numbers from September 19, when new safeguards issued by the ...
Ghana
Ghana: President Mahama prepares to reshuffle state institution CEOs
President John Dramani Mahama is preparing to make further changes to the leadership of several state institutions as part of an ongoing reorganisation ...