154 results found

Cryptocurrencies, or digital currencies secured using encryption techniques, have seized the imagination of a motley crew of anti-capitalists, financial experts and computer scientists.

Nigeria's digital economy is growing at an unprecedented pace. Social media platforms and other technology platforms like TikTok, YouTube, Instagram, and fintech apps now reach millions of users, creators, and advertisers...

Following the COVID-19 pandemic ("the Crisis") and the resultant disruption of the economy, the Federal Competition and Consumer Protection Commission ("FCCPC" or "the Commission")...

A dawn raid is an unannounced visit by a government authority for the purpose of conducting an investigation.

The second quarter of 2026 saw significant regulatory and legislative activity across Nigeria’s healthcare sector — from expanded consumer protection powers over healthcare providers to new frameworks for digital pharmacies, health financing, and public health institutions. This edition of the Medical Law Digest covers the key developments.

In April 2026, the Federal High Court, Abuja, affirmed the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate patient complaints arising from healthcare services, including allegations of medical negligence

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

A Federal High Court sitting in Lagos, in Suit No. FHC/L/CS/657/2018, recently awarded a fine of N6 million as general damages against Ethiopian Airlines Ltd. for cancelling three Nigerians' flights without due notice to the plaintiffs.

Nigeria, Africa's largest economy, offers significant growth potential for global e-commerce platforms seeking to expand into emerging markets.

On 19 July 2024, the Federal Competition and Consumer Protection Commission (FCCPC or Commission) in Nigeria imposed a fine of $220 million on Meta Platforms Inc (Meta), the parent company of WhatsApp LLC (WhatsApp)...

The Nigerian e-commerce sector continues to evolve and experience rapid growth and changes. Businesses operating in this sector, however, experience a number of challenges...

As artificial intelligence (AI) continues to revolutionize industries worldwide, its adoption among Nigerian businesses is gaining significant momentum.

In October 2024, the regional merger control regime for the Economic Community of West African States (ECOWAS) came into effect. Since than the ECOWAS Regional Competition Authority (ERCA) accepts filings...

An interesting development in recent United States ("US") financial reform legislation is a disclosure obligation contained in a miscellaneous provision of the proposed Dodd-Frank Wall Street Reform and Consumer Protection Act approved by the US House of Representatives on June 30, 2010 and by the Senate on July 15, 2010. According to section 1504 of the Bill, titled "Disclosure of Payments by Resource Extraction Issuers",

In 2021, the National Information Development Technology Agency ("NITDA") issued a fine of 10 Million Naira against Soko Lending Company (a digital lending company) after receiving over 40 petitions...

On 13 November 2019, the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) published Guidelines on the Simplified Process for Foreign to Foreign Mergers with Nigerian Component (Guidelines).

In a decisive move to reposition Nigeria for the modern global economy, the Federal Executive Council (FEC), at its meeting on 6 November 2025, approved a comprehensive...