The NCGC and SMEDAN have signed a Memorandum of Understanding (MoU) aimed at enhancing access to affordable loans and financing for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. This partnership is expected to contribute to economic growth and job creation in the country.

The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA) to enhance cooperation and promote the integration of African capital markets. During the signing ceremony in Abuja, SEC Director-General Dr. Emomotimi Agama emphasized the importance of increased collaboration among African markets.

Kenya is moving forward with the establishment of a National Cybersecurity Agency (NCSA) following the approval of the National Cybersecurity Agency Order by the National Assembly. This initiative aims to enhance the country's digital defenses against cyber threats.

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has inaugurated the CBN Naira Ambassadors Club, which aims to encourage young Nigerians, particularly secondary school students, to respect and properly handle the Naira. The initiative seeks to promote currency protection among the youth, according to Vanguard Business.

The Ministry of Interior in Kenya has announced a Ksh4 billion plan to establish a National Cybersecurity Agency (NCSA) following approval from Parliament. This agency will function as an autonomous body to coordinate national cybersecurity initiatives and protect the country's digital infrastructure, addressing the increasing cyber threats faced by Kenya. The establishment of the NCSA is seen as a significant step in securing Kenya's expanding digital ecosystem.

Experts have shared differing views on the effects of new regulatory frameworks implemented by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on the fintech sector in Nigeria. The introduction of these rules has led to a division within the industry regarding their potential impact.