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  • Article

    Consortium Agreements: Structuring Considerations In Nigeria

    Consortium Agreements remain one of the crucial ways to win and execute public private partnerships and high-stakes public and private contracts.
    NigeriaCorporate/Commercial Law
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Understanding Nigerian Partnership Structures: Types, Benefits And Legal Considerations

    One of the significant changes introduced by the Companies and Allied Matters Act, 2020 are the additions of Limited Partnerships and Limited Liability Partnerships to the already existing general partnership structure.
    NigeriaCorporate/Commercial Law
    Firmus Advisory
    Firmus Advisory
  • Article

    Highlights Of PENCOM's Operational Framework For The Non-Interest Fund (Fund VI)

    The National Pension Commission (PENCOM) recently introduced a new category of fund which complies with sharia principles of investment.
    NigeriaEmployment and HR
    AELEX
    AELEX
  • Article

    Intellectual Property In Nigeria - Current News

    NigeriaIntellectual Property
    Akinjide & Co
    Akinjide & Co
  • Article

    2024 West Africa Banking Industry Customer Experience Survey

    The macroeconomic landscape in Ghana and Nigeria has shown little improvement over the past year, continuing to impact both individual and business customers, with eroding purchasing power and...
    NigeriaFinance and Banking
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Centralizing The Management Of Nigeria's Sectoral Funds

    Nigeria operates several statutory sectoral funds, like the Nigerian Content Development Fund (NCDF). These funds are primarily sourced from mandatory contributions by industry operators, often calculated...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Client Update: CBN Reviews Documentation Requirements For PAPSS Transactions In Nigeria

    The Pan-African Payment and Settlement System (PAPSS), launched in January 2024, is a centralized payment infrastructure designed to facilitate faster and more cost-effective cross-border trade transactions...
    NigeriaFinance and Banking
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    Could Centralizing The Management Of Nigeria's Sectoral Funds Unlock Greater Impact?

    Ministries, departments and agencies of government in Nigeria operates several statutory sector-specific funds, like the Nigerian Content Development Fund (NCDF).
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Keeping Up With Foreign Exchange Regulations: New Cbn Measures For International Money Transfer Operators (IMTOs)

    In an effort to improve foreign exchange liquidity in the country, the Central Bank of Nigeria (CBN), as the primary regulator of the Nigerian banking industry...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Low Capital Adequacy Ratio And The Overriding Impact On The Economy

    A key concept in banking regulation is the provision of standards or guidelines by regulators to prevent financial institutions from incurring risk-weighted assets beyond their respective risk management capacity and capital adequacy.
    NigeriaFinance and Banking
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    Neobanks In Nigeria: Key Considerations For Market Entry - Part I

    For global Neobanks considering expansion into Africa, Nigeria presents a compelling opportunity. Through this two-part Neobanking Series, we examine some of the strategic and regulatory dimensions of Neobank...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Nigeria's 2019 Budget - What You Need To Know!

    The Nigerian President, Muhammadu Buhari, today 19 December 2018 presented the 2019 Appropriation Bill ...
    NigeriaFinance and Banking
    PwC Nigeria
    PwC Nigeria
  • Article

    Presidency Signs Bill To Demutualise The Nigerian Stock Exchange

    This is in a bid to diversify the operations of the NSE and increase its access to capital.
    NigeriaFinance and Banking
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Regulatory Update: CBN Revised Guidelines For Nigeria's Foreign Exchange Market

    In the bid to establish a more transparent and efficient framework for managing foreign exchange (FX) in Nigeria, the Central Bank of Nigeria (CBN) recently introduced revised guidelines...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Sale Of Foreign Exchange To Bureaux De Change Operators In The Nigerian Foreign Exchange Market

    Prior to November 2024, Bureaux de Change operators ("BDCs") could not access the Nigerian Foreign Exchange Market ("NFEM") to purchase foreign exchange ("FX") for sale to their customers.
    NigeriaFinance and Banking
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Settlement At The Speed Of Trust: Nigeria’s Transition To T+1 Settlement And Why It Matters

    Nigeria's capital market has transitioned to a T+1 settlement cycle, reducing the time between trade execution and settlement to one business day. This reform addresses counterparty risk, liquidity constraints and operational inefficiencies that persisted under the previous T+3 and T+2 frameworks, fundamentally reshaping expectations for brokers, custodians and institutional investors.
    NigeriaFinance and Banking
    Stren and Blan Partners
    Stren and Blan Partners
  • Article

    Significant Economic Presence – Impact On Companies In The Consumer Market And Financial Services Sectors

    Prior to the enactment of the Finance Act, 2019, Section 13 of the Companies Income Tax Act as amended, provided the basis for the taxation of the profits of non-resident companies in Nigeria.
    NigeriaFinance and Banking
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Snapshots Of The Review Of The Minimum Capital Requirement For Microfinance Banks In Nigeria

    On October 22, 2018, the Central Bank of Nigeria (CBN) issued a circular pursuant to its Microfinance Policy, Regulatory and Supervisory Framework (April 2011).
    NigeriaFinance and Banking
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    Tax Series: Highlights Of The Finance Bill 2022

    On the 3rd of January 2023, President Muhammadu Buhari signed the 2023 Appropriation Bill for the implementation of the National Budget (the "Budget") into law. One of the key things that stood out...
    NigeriaFinance and Banking
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Doing Business In Nigeria

    With a nominal GDP of over $492 billion (2016) and a more than 180-million strong youthful population, Nigeria, is both Africa's biggest economy and the most populous black nation on earth.
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo

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