Nigeria
Nigeria: UBA’s Alawuba Calls for Judicial Reforms to Strengthen Nigeria’s Financial Stability
Oliver Alawuba, Group Managing Director of United Bank for Africa (UBA) Plc and Chairman of the Body of Bank CEOs, has called for ...
Regulatory
Global: Thai SEC Launches Consultation on New Rules for Utility Token Issuance
Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation to gather feedback on proposed regulations that would permit cryptocurrency exchanges—and individuals ...
Regulatory
UK Establishes Smart Data Group to Extend Open Banking Benefits Across Key Sectors
The UK government has formally launched the Smart Data Group, a cross-sector initiative aimed at expanding the transformative benefits of open banking to ...
Regulatory
Global: South Korea’s Central Bank Open to Won-Based Stablecoin, Cautions on Forex Management Risks
The Governor of the Bank of Korea (BoK), Rhee Chang-yong, has stated that the central bank is not opposed to the issuance of ...
Nigeria
Nigeria: FCMB Group Considers Debt-to-Equity Swap to Meet CBN’s Regulatory Forbearance Mandate
FCMB Group Plc has announced plans to explore a debt-to-equity conversion as part of a broader strategy to comply with recent directives from ...
Africa
Africa: Kenya Retains Spot on EU’s Money Laundering Grey List as Uganda Secures Delisting
Kenya remains on the European Union’s list of high-risk jurisdictions for money laundering and terrorism financing, even as Uganda has been officially removed ...
Egypt
Egypt’s FRA Introduces New Digital and Cybersecurity Regulations for Insurance Sector
Egypt’s Financial Regulatory Authority (FRA) has unveiled a new set of digital and cybersecurity regulations governing the establishment and operation of websites by ...
Nigeria
Nigeria Implements New USSD Billing Framework, Telcos to Deduct Charges Directly from Airtime
Nigeria’s telecommunications sector has taken a major step toward resolving the long-standing dispute over Unstructured Supplementary Service Data (USSD) charges, with the adoption ...
Nigeria
Nigeria: Zenith Bank Targets June 2025 Exit from CBN Regulatory Forbearance, Reaffirms Capital Strength
Zenith Bank Plc, Nigeria’s largest financial institution by Tier-1 Capital, has announced its commitment to meet all regulatory requirements necessary to exit the ...
Nigeria
Nigeria: SEC Cautions Public Against Zugacoin and Samzuga GPT, Labels Them Unregistered Meme Coins
The Securities and Exchange Commission (SEC) has issued a public warning against investing in Zugacoin and Samzuga GPT, identifying both as unauthorised and ...
