Central Bank of Nigeria (CBN) has established a new Compliance Department to enhance oversight of non-prudential risks in the financial system, effective from Q2 2025. This move aims to strengthen regulatory frameworks amid rising global standards, technological threats, and financial crimes. The department will oversee four key areas: financial crime supervision (e.g., anti-money laundering), market…
Nasarawa State Governor, Abdullahi Sule, has launched a tree-planting campaign across the state’s 13 LGAs to combat climate change and promote environmental sustainability. At the event in Karu LGA, he emphasized goals such as erosion control, beautification, and resident well-being. The state has also distributed waste bins to improve waste management, which can support agriculture…
Australia have announced plans to mandate tech companies to prevent AI-driven tools, such as apps that create deepfake nudes or enable undetected online stalking, from being used to harm individuals, particularly children. Communications Minister Anika Wells emphasized that such technologies, which fuel sextortion scams and abuse, have no place in society. The government will collaborate…