British American Tobacco faces significant penalties from Nigeria's Federal Competition and Consumer Protection Commission for alleged violations of consumer protection regulations. The case raises important questions about corporate compliance with local consumer laws and the enforcement powers of regulatory bodies in protecting market competition.

The Central Bank of Nigeria has released draft guidelines establishing ring-fencing requirements for closely linked entities operating within the Nigerian financial system. These proposed regulations aim to create clear legal, operational, and financial boundaries between affiliated entities to prevent contagion risks and regulatory arbitrage.

As businesses continue to explore innovative ways to engage their target audience, influencer marketing and digital advertising (ads) have become increasingly popular. This marketing strategy presents significant.

The rapid evolution of digital finance has amplified the need for regulatory frameworks. Transformative technologies such as cryptocurrency e.g. stablecoins, amongst others, are already used for payments, remittances and cross-border settlements.

The Fast-Moving Consumer Goods (FMCG) sector in Nigeria suffered setbacks in 2024 due to economic shifts driven by inconsistent Government policies. Several multinational companies like Kimberly-Clark Nigeria.

A consumer is any person who purchases or offers to purchase goods, products and commodities for consumption. This includes person to whom services are rendered.

The regulatory oversight for mergers and acquisitions in Nigeria is vested in the Federal Competition and

Nigeria has rapidly emerged as a vibrant hub for startups, particularly in the tech sector. The last few years were significant for the startup ecosystem, with many Nigerian startups rising to prominence...

In the first series to this article, the concepts of consumers and consumer protection was explained. The legal regime of the applicable laws in Nigeria ...

Perhaps, what is required in Nigeria is categorization of the educational institutions into proprietary educational institutions and not-for-profit educational institutions.

For years, consumer lending was one of the easiest ways to enter Nigeria's fintech space. Startups could operate with a simple state-issued moneylender's licence and minimal oversight.

On 22nd December, 2023, the CBN issued the Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers to provide direction to financial institutions in respect of their banking relationship with VASPs in Nigeria.

The Federal Competition and Consumer Protection Commission (the "Commission") on July 24, 2025 introduced the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulation 2025 (the "Regulation").

The existence of a comprehensive legal regime for the regulation of competition is extremely important to the growth of any advanced economy. Nigeria's competition laws have been grossly inadequate ...

One of the many ways the internet has revolutionized human interaction is in the way it has transformed how we buy and sell.

The Nigerian financial services industry has experienced significant growth in the last couple of years, due largely to the entry of an increased number of Fintech companies into the market.

The Nigerian Insurance Industry Reform Act (NIIRA) 2025, introduces stronger regulatory control over insurers, expanding the National Insurance Commission's (NAICOM) authority.

The Nigerian Communications Commission (NCC), in exercise of its functions under the Nigerian Communications Act 2003 (the Act), has published the Draft Business Rules for the Mobile Virtual Network Operator (MVNO) Licence in the Nigerian Communications sector. These Business Rules clarify key aspects of MVNO operations, including onboarding, integration, interconnection, numbering, SIM management, revenue sharing, quality of service, consumer obligations, eSIM onboarding, and the respective rights and limitations of each licensee.

Nigeria's telecoms regulator has introduced a Framework for Compensation of Consumers that fundamentally shifts the burden of service quality enforcement from subscribers to mobile network operators. When network performance falls below prescribed thresholds in a defined geographic area, affected subscribers automatically receive compensation without filing complaints or navigating dispute channels.

Over the past few years, Digital Money Lenders ("DMLs") have become increasingly common in Nigeria, as traditional financial institutions have more stringent requirements for providing loans to customers.