regulation
FRC, SEC Advocate Stronger Ethical Standards at SCGN 20th Anniversary Conference
The Financial Reporting Council of Nigeria (FRC), Securities and Exchange Commission (SEC), and other stakeholders have renewed calls for stronger ethical governance across...
OpenAI Eyes Google’s Chrome Amid Antitrust Pressure
In a dramatic turn of events during the ongoing antitrust trial against Google’s parent company, Alphabet Inc., OpenAI, the creator of the groundbreaking...
CBN Issues Stern Warning on Sanctions Compliance, Threatens Enforcement
The Central Bank of Nigeria (CBN) has delivered a firm directive to all banks, payment service banks, and fintech companies operating within the...
CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years
The Central Bank of Nigeria (CBN) has issued a clear directive regarding its new capital base requirements: all new banking license applications submitted...
SEC Warns Against Unregistered Crypto Platforms Amid CBEX Concerns
The Securities and Exchange Commission (SEC) has issued a stark warning to Nigerian investors, cautioning against the use of unregistered digital asset trading...
Real Estate Agents Push for Two-Year Brokerage License Validity
A growing movement within the Nigerian real estate sector is advocating for an extension of the validity period for brokerage licenses, from the...
NERC Sanctions Eight Discos with N628M Fines for Overbilling Consumers
The Nigeria Electricity Regulatory Commission (NERC) has levied a substantial fine of ₦628 million on eight electricity distribution companies (Discos) for engaging in...
Nigeria Eyes $200 Billion Yearly Boost Through Strategic Space Industry Regulation
In a bold move signaling a significant push towards economic diversification and technological advancement, the Nigerian government has announced its ambitious target to...
DisCos Achieve 94.61% Energy Offtake Amidst NERC Sanctions
Electricity Distribution Companies (DisCos) achieved an impressive 94.61% energy offtake during the fourth quarter of 2024. This figure, while representing a notable operational...