Nigeria
Nigeria: Naira Rebounds Slightly as CBN Injects $66 Million into Banks
The Nigerian naira made a modest recovery in the foreign exchange market after weeks of downward pressure. On Friday, the naira appreciated by ...
Fintech
Global: South Korea Penalizes JPMorgan, Morgan Stanley, Nomura, and UBS for Short-Selling Violations
South Korea’s Financial Supervisory Service (FSS) has imposed fines on JPMorgan, Morgan Stanley, Nomura, and UBS for breaching short-selling regulations in the domestic ...
Fintech
Global: Mastercard Unveils AI-Powered AML Solution in Asia Pacific
Mastercard has introduced an artificial intelligence-powered anti-money laundering (AML) solution, Trace, in the Asia Pacific region to combat financial crime more effectively. The ...
Nigeria
Nigeria: CBN Calls on Telecom Firms to Manufacture SIM Cards Locally to Ease Forex Pressure
The Central Bank of Nigeria (CBN) has urged telecommunications companies to localize the production of essential components such as SIM cards, cables, and ...
Innovation
Nigeria: CBN Raises N1.4 Trillion from Oversubscribed OMO Bills Auction
The Central Bank of Nigeria (CBN) has successfully raised ₦1.4 trillion through Open Market Operations (OMO) bills in its latest primary market auction. ...
Fintech
Nigerian Crypto Exchange Busha Lists cNGN Stablecoin, Eyes Phased Rollout
Busha, a leading Nigerian cryptocurrency exchange with a provisional license from the country’s Securities and Exchange Commission (SEC), has officially listed the compliant ...
Fintech
South Sudan Launches National Instant Payment System to Boost Financial Inclusion
The Bank of South Sudan (BoSS) has officially launched its first-ever National Instant Payment System (NIPS), three years after its initial proposal. Developed ...
Global
Global: European Commission Withdraws Draft Regulations on Technology Patents, AI Liability, and Consumer Privacy
The European Commission (EC) has officially withdrawn three draft regulations that aimed to govern technology patents, artificial intelligence (AI) liability, and consumer privacy ...
Nigeria
Nigeria: Reps Call for Removal of Contentious Sections from Tax Reform Bills
The House of Representatives has called for the removal of contentious clauses in the tax reform bills as the proposed legislation progressed to ...
Nigeria
Nigeria: CBN to Raise N600 Billion Through OMO Bills Auction
The Central Bank of Nigeria (CBN) is set to issue Open Market Operation (OMO) bills worth N600 billion at the primary market auction, ...
