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CBN Announces Major Regulatory Overhaul for BDC Operators

The Central Bank of Nigeria (CBN) has announced significant updates to the regulatory guidelines for Bureau De Change (BDC) operators, marking a pivotal shift...

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Kenya Introduces 1.5% Digital Tax.

Kenya’s National Treasury is taking a bold step into the future of digital economy management by proposing a 1.5% digital tax on local online...

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URA Chief Debunks DTS Cost Concerns, Highlights Compliance Benefits for Uganda’s Economy

In an insightful address during the Private Sector Foundation Uganda’s unveiling of a PwC report on Digital Tracking Solutions’ (DTS) impact in...

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CBN’s New Cybersecurity Levy Faces Major Backlash from SERAP, NLC, and Business Leaders

The Central Bank of Nigeria’s (CBN) decision to impose a 0.5 percent cybersecurity levy on most electronic transactions has sparked a wave of criticism...

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CBN Halts Bank Charges on Cash Deposits 

In a significant move aimed at easing the financial burden on its citizens, the Central Bank of Nigeria (CBN) has announced a directive for banks to halt the...

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CBN Mandates Financial Institutions to Implement 0.5% National Cybersecurity Levy.

The Central Bank of Nigeria (CBN) has emphasized the need for strict compliance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015, specifically...

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South Africa Advances in Crypto Regulation

In a significant move towards regulating the burgeoning crypto market, South Africa’s Financial Sector Conduct Authority (FSCA) has officially recognized...

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