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Business
China targets virtual currency laundering in expanded anti money laundering push
China has outlined plans to strengthen anti-money laundering enforcement, expand scrutiny of virtual currency-related crime, and deepen international cooperation as authorities prepare the country’s financial security framework for the next five-year policy cycle. The People’s Bank of China said in…
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South Korea crypto remittances jump 380% in three years, surpassing banks
South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institution...
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NGX Reform Will Reduce Volatility In Premium Stocks – Analysts
Capital market analysts have expressed support for the Nigerian Exchange (NGX)’s newly introduced volume-based trade thresholds, saying the reform will reduce price...
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SAHCO Eyes UAE, African Markets to Grow International Presence
Skyway Aviation Handling Company (SAHCO) Plc said it is pursuing expansion into the United Arab Emirates and other African markets as part of its long-term growth strateg...
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OMO, Treasury Bills Attract N4.6trn As Fixed Income Market Surges
Investors committed a total of N5.8 trillion to fixed income securities in the Nigerian financial market last week, with Open Market Operations (OMO) bills and Treasury B...
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HoldCo Reforms To Boost Market Confidence – FMDA
The Central Bank of Nigeria’s (CBN) proposed overhaul of the regulatory framework for Financial Holding Companies (HoldCos) is expected to reshape capital management st...
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New Cloud Platform Targets Fixing Fragmented Business Communication Systems
Laddar Africa has launched a cloud-based business communication solution, Laddar Voice, designed to help organisations streamline customer engagement and address long-sta...