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Tag: REGULATORY COMPLIANCE

Business

FCCPC Orders MultiChoice Nigeria to Maintain Subscription Prices During Investigation

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

The FCCPC has instructed MultiChoice Nigeria to maintain its subscription prices while an investigation into a proposed price hike is ongoing. MultiChoice must attend a rescheduled hearing on March 6, …

FCCPC Orders MultiChoice Nigeria to Maintain Subscription Prices During Investigation Read More
Companies

New Saudi Regulation on Close-out Netting Sparks Excitement at Conference

February 27, 2025February 27, 2025 - by Marcus Chen - Leave a Comment

On February 17, the Saudi Central Bank introduced regulations on Close-out Netting, aimed at ensuring enforceability of netting agreements. This regulation enhances financial stability and reduces credit risk, impacting cross-border …

New Saudi Regulation on Close-out Netting Sparks Excitement at Conference Read More
economics

FCCPC Summons MultiChoice Over Upcoming Subscription Price Increase

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

The FCCPC has summoned MultiChoice Nigeria over planned subscription price hikes, effective March 1, prompting an investigative hearing at their headquarters. Concerns include recurring unilateral price increases and potential market …

FCCPC Summons MultiChoice Over Upcoming Subscription Price Increase Read More
Companies

Flutterwave Expands Operations with Payment Licence in Zambia

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Flutterwave has obtained a Payment System licence from the Bank of Zambia, allowing Zambian businesses to utilize its payment solutions. The company aims to accelerate digital transactions significantly, given that …

Flutterwave Expands Operations with Payment Licence in Zambia Read More
Business / Technology

Building a Financial Education Platform for Brazil’s Evolving Economy

February 27, 2025February 27, 2025 - by Allegra Nguyen - Leave a Comment

Brazil’s financial environment is complex, with high interest rates, a growing gig economy, and a lack of accessible financial education. Traditional media often neglects the needs of ordinary individuals, prompting …

Building a Financial Education Platform for Brazil’s Evolving Economy Read More
Business

Impact of Stricter Venezuela Oil Production Rules on Chevron

February 27, 2025February 27, 2025 - by Marcus Chen - Leave a Comment

New regulations on Venezuela’s oil production threaten Chevron’s operations, as reported by the New York Times. The stricter rules complicate market navigation for Chevron, which is already facing challenges in …

Impact of Stricter Venezuela Oil Production Rules on Chevron Read More
Business / Companies

Urgent Need for Legislative Oversight on HPX Framework Agreement in Liberia

February 17, 2025February 17, 2025 - by Marcus Chen - Leave a Comment

The March 2022 Framework Agreement, affecting Liberia, is currently under legal scrutiny due to HPX’s coercive tactics and the potential payment of US$37 million under flawed terms. The agreement lacks …

Urgent Need for Legislative Oversight on HPX Framework Agreement in Liberia Read More
Business / economics

Nigeria to Enhance Cryptocurrency Licensing by 2025

February 11, 2025February 11, 2025 - by Allegra Nguyen - Leave a Comment

The Nigeria SEC plans to speed up cryptocurrency licensing by 2025 to create a regulatory framework for its digital asset market. The SEC’s Accelerated Regulatory Incubation Programme has initially licensed …

Nigeria to Enhance Cryptocurrency Licensing by 2025 Read More
Business / Companies / economics

The Digital Currency Landscape: Ghana’s eCedi vs. Nigeria’s eNaira

February 10, 2025February 10, 2025 - by Carmen Mendez - Leave a Comment

Nigeria has progressed with its eNaira, while Ghana’s much-anticipated eCedi remains in a pilot phase with no rollout date. With the Central Bank of Nigeria facing adoption challenges, Ghana can …

The Digital Currency Landscape: Ghana’s eCedi vs. Nigeria’s eNaira Read More
Business / economics

Overview of Brazil’s Regulated Betting Market: Challenges Ahead

February 7, 2025February 7, 2025 - by Liam Nguyen - Leave a Comment

In January, Brazil’s regulated betting market showed a channelization rate where $101 million (63.89%) came from licensed local operators and $53 million (34.17%) from international operators, leaving nearly one-third of …

Overview of Brazil’s Regulated Betting Market: Challenges Ahead Read More

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