Browsing Tag
Financial Regulation
4 posts
IMF calls for stricter AI oversight to curb financial system risks
The IMF advises financial regulators to bolster oversight of AI tools to prevent synchronized market volatility and systemic instability as institutions increasingly rely on automated algorithms.
Central Bank of Nigeria Mandates BDCs to Return Unused FX to NFEM
The Central Bank of Nigeria has ordered BDCs to return unutilized foreign exchange to the NFEM market within 24 hours of the expiration of the utilization period to improve retail liquidity.
Central Bank of Nigeria Withdraws Operating Permits for 46 Microfinance Banks
The Central Bank of Nigeria has stripped 46 microfinance banks of their licenses for failing to meet regulatory obligations, including capital requirements and operational mandates.
Bordeaux suffers demotion to French fifth division
Historic French football club Bordeaux faces a further drop to the fifth division following ongoing financial issues and a failed funding gap.