Lai Mohammed: Why Twitter Ban Was My Toughest Decision
Former Minister Lai Mohammed opens up on the difficult 2021 suspension of Twitter, citing national security. Read the full story behind the controversial decision.
Category : Search result: financial regulation Nigeria
Tinubu meets oil regulator chief after Dangote's allegations
President Tinubu held a private meeting with NMDPRA CEO Farouk Ahmed following explosive allegations by Aliko Dangote of corruption and economic sabotage in Nigeria's oil sector.
Senate Okays Bills to Modernise Audit, Establish Economists Institute
Nigeria's Senate passes the Federal Audit Service Bill 2025 and the Institute of Economists Bill, aiming to overhaul colonial-era laws and boost financial accountability. Awaiting presidential assent.
New Gaming Law Signed in Enugu, Takes Effect 2026
Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.
Okonkwo's Leadership in Nigeria's Secure Printing Sector
Gabriel Okonkwo, MD of Superflux International, discusses driving Nigeria's economic growth through secure printing solutions, ethical leadership, and navigating sector challenges. Discover his transformative journey.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
Police Resume Tinted Glass Enforcement Jan 2, 2026
The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
EU fines Elon Musk's X €120m for DSA rule breaches
The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.
EU fines X €120M over DSA violations, risks US clash
The European Union imposes a €120 million fine on X for breaching digital transparency rules, testing its resolve against Big Tech and risking tensions with the Trump administration. Read more.
Supreme Court Calls Out FG Over LG Autonomy
Nigeria's Supreme Court has called on the federal government to implement its judgment granting financial autonomy to 774 local governments. The court dismissed Osun state's suit. Full details inside.
TikTok to Block Under-16s in Australia from Dec 10
TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
Platnova Makes Nigeria's Top 100 Fastest-Growing SMEs
Platnova earns a spot in Nigeria's Top 100 Fastest Growing SMEs at the SME 100 AWARDS 2025. Discover how their cross-border financial services drive economic growth and inclusion.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
EU Investigates Meta Over WhatsApp AI Competition
The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
CBN Prioritises Digital Payments, Financial Inclusion for 2026
CBN Governor Olayemi Cardoso outlines 2026 agenda focusing on payment system upgrades, digital finance expansion, and deeper financial inclusion for all Nigerians. Read the full plan.
Legal Experts Push for Stronger African Privacy Laws
At the 7th Privacy Symposium Africa in Lagos, experts called for robust data protection laws, enforcement, and ethical tech to safeguard vulnerable groups, especially children, in the digital age.
OPay Addresses Viral Shutdown Rumors in Nigeria
OPay dismisses social media rumors about shutting down operations in Nigeria. The fintech company confirms customer funds remain safe and accessible under CBN regulation.
Court Dismisses Binance Executive's Detention Suit
A Federal High Court in Abuja dismisses Tigran Gambaryan's rights suit against NSA and EFCC detention. Judge rules it obstructs criminal probe into Binance. Full details inside.
EFCC Invites Former AGF Malami for Questioning
Former Attorney General Abubakar Malami summoned by EFCC for mandatory questioning over financial matters. Malami pledges cooperation with anti-graft agency investigation.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
NICA Hosts Credit Conference & Awards in Lagos
The National Institute of Credit Administration hosted its 2025 Credit Managers conference and 10th Annual Nigeria Credit Industry Awards in Lagos to strengthen Nigeria's credit system.
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
House Committee Warns of Digital Payment Vulnerabilities
A House of Representatives committee reveals alarming cybersecurity gaps in Nigeria's digital payment systems, exposing citizens to fraud and national security risks. Learn how to protect your finances.
Commission Seeks Regulation to Protect Nigerians
The Nigeria Law Reform Commission calls for strong regulations to protect citizens from medical negligence and harmful religious practices. Read more on the urgent need for reform.
OPay bags double honours for organisational excellence
OPay, Nigeria's top fintech firm, secures two major awards for financial crime prevention and governance, reinforcing its commitment to a secure digital finance ecosystem for millions.
CeBIH Demands Cultural Shift for Consumer Credit
Committee of e-Business Industry Heads urges Nigerians to rethink consumer credit to drive financial inclusion and economic growth ahead of 2025 conference.
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