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Dissatisfied by the decision of the IST, the Appellant appealed to the Court of Appeal.

Nigeria is an important player within the African and global economies. With significant imports and steadily growing exports, cross-border transactions are necessary for the flow of trade...

As part of the federal government reform agenda for the Nigerian Capital Market to provide an adjudicatory framework and make statutory provisions for predictability and certainty in dispute resolution...

The Securities and Exchange Commission (‘SEC’), the National Pension Commission (‘PenCom’), the Nigeria Revenue Service (‘NRS’), the Financial Reporting Council of Nigeria (‘FRCN’), the Nigeria Immigration Service (‘NRS’), the Nigerian Exchange Group (‘NGX’)...

The new regime operates as two or three complementary layers, depending on the company structure. They are sequentially related layers of the same transaction, and a well-advised transaction must treat them as cumulative rather than alternative

The commodity market is a significant driver of Nigeria's economic output, contributing between one - third and two - fifths of the national GDP .

On Friday, January 25, 2019, the Federal Government of Nigeria ("FGN"), in furtherance of its commitment to infrastructure development being a key growth driver and economic development enabler; ...

The National Lottery Act 2005 and the National Lottery Regulation 2007 regulates lottery business in Nigeria. Nevertheless, some States of the Federation have their own Lottery Law.

Ponzi schemes and other related retail investment products catch on like wildfire in Nigeria whenever they are introduced but suddenly halt operations, with billions of Naira belonging to investors trapped in such schemes...

A trading suspension is the suspension of trading activities of identified listed securities.

The disruption of robo-advisors in Nigeria as new market players in the financial sector is posing new issues for regulators in the short term. As a result, it is vital that regulators address certain critical factors in ...

Securing funding is a critical step for any startup, and understanding the legal aspects of venture capital (VC) and angel investments is essential for Nigerian entrepreneurs. This article explores the often-overlooked...

The Nigerian Exchange Group has unveiled plans to allow Nigerian companies with significant foreign exchange revenue and free trade zone enterprises to issue and list bonds and stocks denominated in US Dollars. This initiative aims to provide an avenue to meet the foreign exchange needs of such companies while enhancing investment opportunities in Nigerian capital markets.

The Nigerian Securities and Exchange Commission has introduced significant amendments to its Rules and Regulations governing Fund/Portfolio Management Operations, with far-reaching implications for how fund and portfolio managers conduct their business. These changes place heightened emphasis on investor protection, conflicts management, custody arrangements, and cross-border investments, requiring Capital Market Operators to fundamentally review their investment practices, client documentation, and governa

All companies are faced with the unending need to access more capital and consequently, the appetite to adopt innovative and creative methods of raising funds with minimal liability is increasing.

President Muhammadu Buhari assented to the Money Laundering Bill, 2022.

Nigeria's FinTech and cryptocurrency sectors face intensified regulatory scrutiny as the Central Bank of Nigeria and Securities and Exchange Commission adopt assertive enforcement measures, leading to licence revocations and operational restrictions. How are these regulatory pressures reshaping the digital asset landscape, and what dispute resolution mechanisms are emerging to address conflicts in this evolving ecosystem?

The SEC of Nigeria on 14 September 2020, released their Statement on Digital Assets and their Classification and Treatment pursuant to the powers conferred on it by the Investment and Securities Act 2007.