May 23, 2024/CBN The Central Bank of Nigeria (CBN) has issued new Regulatory and Supervisory Guidelines for Bureau De Change Operations in Nigeria. These guidelines mandate all operators and promoters of proposed BDCs to reapply for new licenses in Nigeria. The Draft Operational Guidelines for BDC Operations released in February […]
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NCC Data Shows Growth in Broadband Penetration in April 2024
May 23, 2024/FBNQuest Research Nigeria’s broadband connections increased slightly by 1.0% m/m and 2.5% y/y to 94.4m in April 2024, according to the most recent data from the Nigerian Communications Commission (NCC). Broadband connections have maintained an upward trajectory since September 2023, except for a brief moderation in January 2024. […]
SEC Charges Intercontinental Exchange and Nine Affiliates Including the New York Stock Exchange with Failing to Inform the Commission of a Cyber Intrusion
May 23, 2024/US SEC The Securities and Exchange Commission today announced that The Intercontinental Exchange, Inc. (ICE) agreed to pay a $10 million penalty to settle charges that it caused the failure of nine wholly-owned subsidiaries, including the New York Stock Exchange, to timely inform the SEC of a cyber […]
