Updates On The National Office For Technology Acquisition & Promotion (NOTAP) And Its Recent Activities And Other Developments

An International Money Transfer Operator (IMTO) is a company approved by the Central Bank of Nigeria (CBN) to facilitate the transfer of funds from individuals or entities residing abroad to recipients in Nigeria.

The Central Bank of Nigeria (CBN), in partnership with the Federal Competition and Consumer Protection Commission (FCCPC), has rolled out comprehensive regulatory measures...

Kenya and Nigeria are formalizing their digital asset markets through Virtual Asset Service Provider (VASP) licensing frameworks. While both countries require regulatory approval for crypto operations, their licensing categories, capital requirements, and compliance expectations differ significantly. Understanding these distinctions is essential for fintech founders and financial institutions seeking to enter or expand in these African markets.

The Central Bank of Nigeria (CBN) on 31 January 2024 released its revised guidelines for international money transfer services in Nigeria. The revised guidelines (the "New Guidelines")...

On December 22, 2023, the Central Bank of Nigeria (CBN) as part of its regulatory mandate took a significant step in regulating the emerging sector of Virtual Asset Service Providers (VASPs)...

The enactment of the Investment and Securities Act, 2025 ushered in a new regime for the formal recognition and acceptance of cryptocurrencies in Nigeria with the implication that cryptocurrencies and other forms of virtual assets can now be legally traded in Nigeria.

On 22nd December 2023, the Central Bank of Nigeria ("CBN") issued Guidelines FPR/DIR/PUB/CIR/002/003 on the operations of bank accounts for virtual assets service providers.

On 31st March 2026, the Central Bank of Nigeria ("CBN") issued a press release announcing the commencement of an AML/CFT/CPF Supervision Pilot Scheme (the "Pilot Scheme") for a select group...

The Cybercrime, Prohibition Prevention (Amendment) ACT 2024 in Nigeria represents a significant overhaul of the country's cybercrime laws.

On May 31, 2024, the Central Bank of Nigeria ("CBN") issued the Risk-Based Cybersecurity Framework and Guidelines for Deposit Money Banks and Payment Service Banks (the "Framework").

The concept of Guarantorship is often taken for granted in Nigeria. The seemingly small request we now hear from friends, family members or even colleagues can be captured in the following sample appeal: “I collected one small loan, and I need you to be my guarantor. Please just sign here, I already know how to pay back; it will not be a big deal.”

Litigation officers, often called litigation assistants or clerks are fixtures in many Nigerian law firms, due to the vital nature of their services.

Generally, the court's judgment is the fruit of every litigation, and the outcome of every legal dispute that is referred for resolution by the Court.

The legal landscape in Nigeria pertaining to data privacy and protection is dynamic and ever-changing, influenced by a blend of sector specific regulations, recent laws, and constitutional provisions.

The word ‘absentia’ is a Latin term meaning ‘absence’. Trial in absentia occurs when a defendant is tried in his/her absence. This practice developed from the need to ensure justice and remedy the plague of absconding defendants, a trend that frustrated the judicial process.

Modern legal practice has long evolved beyond witnesses testifying fully in court for their evidence-in-chief.2 To save valuable judicial time by expediting proceedings, and to enhance the due administration of justice, witnesses in civil proceedings now adopt their pre-prepared written statements at trial.

The emergence of deepfakes has introduced a new challenge for Nigerian law as artificial intelligence (AI) now has the ability to misrepresent a person's identity through fabricated digital content that looks genuine. A notable example occurred on 27 May 2026, when an audio recording attributed to President Bola Ahmed Tinubu circulated online and was subsequently reported to have been AI-generated. T

Gas flaring has been a source of pollution in the Niger Delta region for more than six decades, polluting the atmosphere the soil, and eroding the lives of communities living in one of the most oil-rich regions in Africa. The Nigerian government's efforts at solving this environmental problem have been characterized by delay and capture. The enactment of the Petroleum Industry Act 20212 represents the most ambitious legislative attempt yet to bring routine flaring to an end, through an explicit statutory prohibition, mandatory monetisation planning, and a new institutional architecture anchored around the Nigerian Upstream Petroleum Regulatory Commission.

The National Information Technology Development Agency (NITDA) has introduced four key instruments to strengthen Nigeria’s cloud governance, digital infrastructure, and investment landscape: the National Cloud Computing Guideline 2026, National Cloud Technical Guideline 2026, National Digital Infrastructure Assurance Framework (NDIAF), and National Cloud Investment Strategy. The Guidelines, signed by the Director-General of NITDA, Kashifu Inuwa Abdullahi, on 4 August 2026, are scheduled to take effect on 1 January 2027.1

Garnishee proceedings is a type of legal process used in Nigeria to recover debts owed by a debtor.