Google and DOJ Make Final Arguments in Ad Tech Monopoly Case
Google and the US Department of Justice present closing arguments in a landmark antitrust case, debating the tech giant's dominance in online advertising technology.
Regulation
Google's Payment Arm Under Federal Supervision Amid Consumer Protection Concerns
The Consumer Financial Protection Bureau places Google's payment arm under federal supervision, citing consumer protection concerns, prompting Google to file a lawsuit in response.
Kenya Pushes for Social Media Regulation, Nigeria Faces USSD Face-Off, and World Bank Pledges $500 Million to Fibre Project
Kenya seeks to regulate social media, Nigeria's banks face USSD cutoff, and World Bank invests in Nigeria's fibre project, highlighting the complexities of tech regulation and infrastructure development in Africa.
Kenya's Parliament Finance Committee Proposes 8-Year Deadline for Banks to Meet New Capital Requirements
Kenya's Parliament Finance Committee has proposed an 8-year deadline for commercial banks to meet new capital requirements, citing concerns over the initial 3-year timeline's potential impact on smaller lenders.
Morocco Nears End of Crypto Ban with New Regulations Taking Shape
Morocco's central bank governor announces draft law to regulate crypto assets, marking a significant step towards addressing challenges and opportunities posed by crypto in the country.
Nigeria's Central Bank Fines 29 Banks $9 Million for Anti-Money Laundering Violations
Nigeria's Central Bank imposes fines on 29 banks for violating anti-money laundering and counter-terrorism financing regulations, highlighting the need for stronger compliance measures in the financial sector.
Nigeria's Central Bank Imposes ₦150 Million Fine on Banks Selling New Banknotes to Currency Hawkers
Nigeria's Central Bank has imposed a ₦150 million fine on banks and financial institutions caught selling newly minted banknotes to currency hawkers, exacerbating the country's cash shortage crisis.
Nigeria's Central Bank to Penalize Banks for Cash Shortages at ATMs and Branches
Nigeria's Central Bank will impose penalties on commercial banks that fail to provide cash to customers at ATMs and branches, amid a prolonged cash crunch in the country.
Nigeria's Fintech Industry Undergoes Regulatory Overhaul Amid Fraud Concerns and FATF Greylist Pressure
Nigeria's central bank tightens grip on fintechs, imposing stricter compliance measures to combat fraud and money laundering, as the country aims to exit the FATF greylist by January 2025.