The Step-By-Step Procedure of How to Apply for a Microfinance Bank License Online in Nigeria
The Central Bank of Nigeria (CBN) has launched a new online platform for submitting microfinance bank (MFB) license applications, known as the CBN Licensing, Approval, and Other Requests Portal.
Procedure and Requirements for Work Permit and Visas in Nigeria
Introduction Foreign nationals seeking to enter, work, or reside in Nigeria must meet the country’s Immigration Rules.
The Use of Drones for Commercial Purposes and Privacy Rights of Others
Introduction In the field of innovative technology, drones are used in different spheres of human activities.
How to Ensure the Smooth Recognition and Enforcement of Foreign Judgments in Nigeria
Introduction Recognition and enforcement of foreign judgments refer to the legal process of acknowledging and enforcing court decisions made in a different country.
Are Unwritten Employment Contracts Legally Valid and Enforceable In Nigeria?
Introduction A contract of employment can exist whether orally or in writing. It can arise out of any discussion, obligation or instruction to do an act as far as the elements of a contract are present.
Telecommunication Services in Nigeria: The Available Legal Rights and Remedies to Customers (Subscribers)
Introduction Telecommunications services are essential to modern society, which facilitates global communication, business, and connectivity.
Surrogacy In Nigeria: Can Surrogacy Contracts And Agreements Be Enforced?
Introduction Surrogacy is often discussed in the media from a scientific, social, legal, and policy perspective.
Overview of Business Taxes in Nigeria
Business taxes in Nigeria refer to the various taxes levied by the federal and state governments on businesses operating within the country.
Requirements and Procedure for Acquiring Aviation Licence under Nigerian Law by Foreign Airline Participation
Introduction In Nigeria, the procedures for obtaining an aviation license under Nigerian law include adherence to the Aviation Act, which provides a legal foundation for the aviation industry.
How to Establish a Microfinance Bank in Nigeria
What is a Microfinance Bank (MFB)? Microfinance Bank (MFB) is any company licensed by the Central Bank of Nigeria (CBN) to carry on the business of providing financial services such as savings and deposits, loans, domestic funds transfer and non-financial services to microfinance clients.