379 results found

Since its advent in 2008, cryptocurrency has been widely accepted internationally, as a viable means of investment.

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...

IP laws identify legal and economic rights, encourage creativity and innovation. The role of IP in the digital revolution cannot be understated...

The rapid growth of virtual assets and blockchain-based businesses has positioned Nigeria as one of Africa's most active digital asset markets.

Bitcoin, the leading cryptocurrency, has seen its value balloon by more than 100% year-to-date, soaring to an all-time high of more than USD 60,000. Nigerians, many of whom are battling poverty...

The term estate planning refers to the preparation of tasks that serve to manage an individual's financial situation in the event of their incapacitation or death.

International Money Transfer Operators ("IMTOs") in Nigeria are companies or organisations authorised by the Central Bank of Nigeria ("CBN") to facilitate the transfer of funds from individuals...

Since the days of old, the growth of commerce has always been determined by outreach.

This legal update is intended to help fintechs, mobile money operators, digital lenders and vendors in the lending value chain to assess the applicability and impact of the new FCCPC Digital...

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.

As financial technology reshapes how consumers and businesses manage money, a century-old banking duty is gaining new relevance. The Quincecare duty requires financial institutions to pause suspicious payment instructions—but how does this obligation apply when traditional banks serve merely as infrastructure beneath fintech platforms? This analysis explores the duty's evolution from English case law through its modern application in layered payment systems.

The Financial Technology (fintech) Industry is rapidly developing in Nigeria. The surge of fintech in Nigeria is largely attributed to the Introduction of cashless policy by the CBN in 2012.

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.

In the wake of the recent regulatory developments in the Nigerian market, the Securities and Exchange Commission ("SEC" or "Commission") on 15 March 2024 published its proposed amendments...

The publication of the Fintech Report (the "Report") by the Central Bank of Nigeria on February 2, 2026 represents a significant milestone in Nigeria's fintech regulatory landscape.

A new chapter in the history of money has begun. Countries are seeking to preserve fundamental parts of their existing monetary system while experimenting with new digital forms of money.