insert_link Africa Nigeria suspends cybersecurity law Nigeria has suspended a planned levy on electronic transfers to fund cybersecurity. The Central Bank of Nigeria had in a circular last week directed all banks and mobile money operators to charge 0.5% of the value of electronic transfers as a cybersecurity levy. Ajeck Mangut reports. todayMay 15, 2024 16
insert_link Africa Nigeria freezes over 300 suspected accounts to secure its foreign exchange market Nigeria's anti-graft agency, the Economic and Financial Crimes Commission, EFCC says it has frozen about 300 accounts to ensure the safety of its foreign exchange market. todayApril 24, 2024 12
insert_link Business / Economics Verime and ReferredBy lead Namfisa’s financial Sandbox initiative The Namibia Financial Institutions Supervisory Authority has signed testing agreements with Verime and Referred By, making them the first participants in its Regulatory Sandbox programme for the non-bank financial institution sector. NAMFISA's Regulatory Sandbox is a pioneering initiative demonstrating its commitment to fostering a vibrant, secure, and inclusive financial landscape that empowers both consumers and innovators. NAMFISA spokesperson Victoria Muranda. The programme serves as a controlled environment for live tests […] todayApril 18, 2024 19
insert_link Africa Nigeria fines cryptocurrency trading company Nigeria has slammed a 10 billion dollar fine on cryptocurrency trading firm, Binance. It says the firm manipulated foreign exchange rates through currency speculation and rate fixing. Tesem Akende reports. todayMarch 4, 2024 22
insert_link Business / Economics Namfisa’s Gariseb joins IAIS risk-based solvency forum The Namibia Financial Institutions Supervisory Authority General Manager for Insurance and Medical Aid Funds, Erich Gariseb, has been admitted to serve on the International Association of Insurance Supervisors’ Risk-Based Solvency Implementation Forum. NamFisa spokesperson, Victoria Muranda, explains the significance of this development. todayJanuary 16, 2024 19
insert_link Namibia Namfisa wants collaborative solutions for consumer complaints The Namibia Financial Services Supervisory Authority has received complaints from consumers mainly related to payment disputes, overcharged interest, non-payment of pension benefits, funeral benefit rejections, and non-payment of refunds or lapsed policies. NAMFISA spokesperson Victoria Muranda. todayDecember 20, 2023 18
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
