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Nigeria’s President Halts Controversial Cybersecurity Levy.

A significant directive from President Bola Tinubu has put the implementation of the controversial cybersecurity levy by the Central Bank of Nigeria (CBN) on...

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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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SEC Nigeria Proposes Innovative Framework for Private Company Securities

The Nigeria Securities and Exchange Commission (SEC), under the leadership of Director-General Emotimi Agama, has announced the proposal of innovative rules...

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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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BREAKING NEWS: Reps Order Pause on Cybersecurity Levy Implementation

The House of Representatives on Thursday, 9th of May 2024 called upon the Central Bank of Nigeria (CBN) to suspend the enforcement of the recently proposed...

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CBN Cybersecurity Levy: 16 Key Transactions Exempted.

The Central Bank of Nigeria (CBN) has recently mandated a new measure that will significantly impact the landscape of electronic transactions across the...

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CBN Unveils New Classification for Nigeria’s Banking Sector

On Wednesday, 8th of May 2024, the Central Bank of Nigeria (CBN) released a detailed inventory of Deposit Money Banks licensed to operate within the nation....

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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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Bank of Uganda Introduces Mandatory ID Verification for High-Value Digital Transactions

The compliance landscape is constantly evolving, adapting to new challenges and threats that emerge within specific sectors. This means that regulatory...

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