Globally, the capital market is one of the cornerstones for national economic development. Indubitably, the success or failure of any nation’s economic policies is usually anchored on its capital market operations.

On 29th July, 2024, the Corporate Affairs Commission (the "CAC") exercising its authority under Section 8 (1) (e) of the Companies and Allied Matters Act (CAMA) 2020...

We understand that the FIRS today wrote a letter to all banks communicating a temporary suspension of lien on accounts of taxpayers alleged to be in default of tax payments

Certain designated businesses have industry prescribed minimum share capital in Nigeria.

The eNaira, which is the Nigerian digital currency issued and regulated by the Central Bank of Nigeria (CBN), recorded over 700000 downloads, just after 95 days of introduction, according to statistical data.

Parties agreed that their right to rescind or vary the agreement would be subject to the prior written consent of ABC Limited.

The implication of the Finance Act 2021 with some of the modest changes contained therein, is that the Act is focused on various macro-economic policies of the Federal government...

The Scheme, which encourages voluntary declaration of offshore assets, is aimed at combating money laundering and tax evasion.

The Federal Government of Nigeria, on 25 January 2019, signed Executive Order 007 (the Order) on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme (the Scheme).

Cross-border acquisitions have become one of the defining features of Africa's evolving financial landscape. Regional banks, global investors...

Fidelity Bank faced a significant challenge when Envivo Communications Limited failed to repay a ₦1.7 billion loan. Through precise legal action under Nigeria's Companies and Allied Matters Act (CAMA) 2020, winding-up proceedings were initiated with meticulous procedural compliance. The court's decisive ruling resulted in a complete winding-up order and the appointment of a liquidator to recover the outstanding debt.

Nigeria's startup economic sub-sector stands in the top three most advanced in the African continent according to StartupBlink's Global Startup Ecosystem Index 2021.

In 2021, African startups raised over $4 billion across 355 funding deals, that is (almost three times what was raised in previous years) and the Nigerian fintech sector reportedly accounted for 63%

Digisolutions Limited is a fintech startup involved in the business of providing financial services. Digisolutions is interested in conducting research into the most effective means to market their...

The Economic and Financial Crimes Commission (EFCC) ought not to have been in existence.

Just recently, a plaintiff filed a constitutional challenge against key provisions of the Banks and Other Financial Institutions Act (BOFIA), a crucial piece of banking legislation in Nigeria.

Money is essential for the facilitation of virtually everything, including the financing of business growth and development.

A U.S.-based software vendor, which provides financial analytics tools licensed its proprietary API to a local fintech startup.

Please watch this webinar from Stren & Blan Partners.