-
To save its currency, Nigeria’s central bank wants people jailed for holding on to US dollars
Nigeria has tried a range of strategies to stem a trouble currency slide as well as manage its mounting economic crisis. The latest strategy could see it jail its own citizens.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
-
Prepaid Debit Cards Users in U.S. Will Get New Federal Protections
Prepaid debit cards are a financial lifeline for many people, but a risky one. They lack many of the basic consumer protections that credit cards and bank debit cards are required to offer. That will change next year, with a raft of new federal rules intended to clamp down on a product that has been growing rapidly despite concerns about high fees, poor disclosures and weak protections for customers when something goes wrong.
- Categories
- Uncategorized
-
A Bridge Too Far? Bridge International Academies Responds to Ugandan Government’s Allegations and Closure Plans
The Ugandan government recently announced plans to close Bridge International Academies, the celebrated for-profit school company operating in Africa. Uganda's education minister claims that the schools “showed poor hygiene and sanitation which put the life and safety of the school children in danger.” Bridge vehemently denies these charges, and we talked to the company about where things stand.
- Categories
- Education, Social Enterprise
- Tags
- regulations
-
Heart stents to get cheaper in India; medical devices industry frowns at move
India would soon reduce the prices of stents used in procedures for treatment of heart ailments. The union health ministry on Wednesday added coronary stents to the National List of Essential Medicines (NLEM), 2015, which would now face a reduction in prices.
- Categories
- Health Care
- Region
- South Asia
- Tags
- regulations
-
Telcos in Ghana to begin interest payments to mobile money subscribers
Some telecommunication companies are concluding moves to pay interests to their various subscribers once the Bank of Ghana directs on how the payments must be done.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Viewpoint: CFPB Payday Rule Addresses the Problems, Not the Solution
If the final rule doesn't create a clear lane for good lenders to step in with a variety of new loan product designs, the CFPB risks leaving important consumer needs unfulfilled.
- Categories
- Uncategorized
- Region
- North America
- Tags
- lending, regulations
-
Peer-to-peer lending segment needs regulation, says Reserve Bank of India deputy governor
Gandhi says RBI believes P2P lending is an important innovation in the financial services space as it furthers the agenda of financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance, regulations
-
Pakistan State Bank Issues Rules for Mobile Banking Interoperability
The State Bank of Pakistan (SBP) and Pakistan Telecommunication Authority (PTA) jointly developed regulations for mobile banking interoperability for banks and mobile network operators to enhance outreach and connectivity.
- Categories
- Technology
- Region
- North Africa & Near East
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.