305 results found

The Central Bank of Nigeria ("CBN"), being the country's apex bank and the regulator of the banking sector, has as one of its key objectives to promote a sound financial system.

On the 12th May 2022, President Muhammadu Buhari signed the Money Laundering (Prevention and Prohibition) Bill into Law.

The financial technology ("Fintech") sector in Nigeria experienced significant transformations across various segments in the first half of this year.

Many jurisdictions have enacted statutes which sanction netting and set-off in relation to financial markets.

Nigeria's technology and startup ecosystem is booming, with founders and investors striking high-stakes funding deals that require a solid understanding of laws applicable...

On 22nd December 2023, the Central Bank of Nigeria ("CBN") issued Guidelines FPR/DIR/PUB/CIR/002/003 on the operations of bank accounts for virtual assets service providers.

With the sustained interest in crowdfunding as an alternative means of raising capital, the Securities and Exchange Commission's ("SEC" or "the Commission")

On 28 March 2020, the Securities and Exchange Commission (SEC) exposed its draft Rules on Crowdfunding (Rules).

The Nigerian Securities and Exchange Commission (SEC) has decided to develop a derivatives trading market in Nigeria.

Cash flow is notably the fuel with which any business runs, and running into cash flow problems may hamper business success.

Auditing is a mandatory process carried out by a company on its financial statements in order to get an unbiased and independent audit opinion of the financial position of the company.

Recent industry reports track a discernible shift in the African private capital industry towards smaller deals and a dominance of venture capital deal, reflecting a cautious yet active investment landscape.

Since the beginning of 2021, there has been significant regulatory and legal developments in the framework for financial technology ("FinTech") in Nigeria.

In part two, we explore Initial Coin Offerings (ICOs), how it is used to raise funds, the Nigerian legal framework on ICOs, and the pros and cons of ICOs.

In November 2018, the Nigerian Exchange Group Plc published its Interpretative Guidance to Securities Lending Guidelines which became effective from 7th January 2019.

The fintech ecosystem in Nigeria is largely comprised of businesses focused on mobile payments, digital banking, merchant solutions and personal finance, including wealthtech.

The Securities and Exchange Commission (SEC), pursuant to its powers under the Investments and Securities Act, 2025, has issued Circular No. 26-1 dated 16 January 2026, revising the Minimum Capital Requirements applicable to all regulated capital market entities in Nigeria.