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  • Article

    Adoption Of Blockchain In The Banking Sector

    Technological innovation has been deployed into various facets of our lives, and the banking sector is not left behind with the adoption of digitalization-driven models for ease of banking transactions.
    NigeriaFinance and Banking
    The Trusted Advisors
    The Trusted Advisors
  • Article

    Bilateral Loan Agreements – A Highlight Of Some Contractual Defences

    A March 2023 decision of the English Supreme Court ( the "Supreme Court") regarding a $3billion bilateral loan granted by Russia to Ukraine in 2013...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
Article

CBN Cash Pooling Reform: Impact On Foreign Investment And The Oil And Gas Sector In Nigeria

The Central Bank of Nigeria has reversed its 2024 foreign exchange restrictions on International Oil Companies, allowing immediate repatriation of 100% of export proceeds. This policy shift eliminates the previous 90-day retention requirement and 50/50 rule, fundamentally changing how IOCs manage their treasury operations and export earnings in Nigeria's oil and gas sector.
NigeriaFinance and Banking
Pavestones
Pavestones
  • Article

    CBN Restricts Dividend Pay-Out By Banks

    Major highlights of the Circular are presented below.
    NigeriaFinance and Banking
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    CBN Revocation Of Licences Of Microfinance Banks, Primary Mortgage Banks And Finance Companies

    On May 22 and 23, 2023, the Central Bank of Nigeria ("CBN"), by a notice published in the official gazette of the Federal Government, revoked the licenses...
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Finance Act, 2020

    The Finance Bill, 2020 which was an Executive Bill prepared by the Honourable Minister for Finance, Budget and National Planning, was approved by His Excellency, President Muhammadu Buhari and presented together ...
    NigeriaFinance and Banking
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Finance Act, 2020: Tax Implications For Foreign Companies And Individuals Doing Business In Nigeria

    The Finance Act, 2020 came into force on 1st January 2021. A major objective of the Finance Act, 2020 is to generate increased revenue, provide tax incentives to stimulate economic growth...
    NigeriaFinance and Banking
    TNP
    TNP
  • Article

    Introduction Of A New Default Clause In Credit Facility Agreements

    The Central Bank of Nigeria (CBN) has been vocal about implementing regulatory measures aimed at ensuring banking stability while improving credit growth in the Nigerian economy.
    NigeriaFinance and Banking
    AELEX
    AELEX
  • Article

    Key Considerations For Hiring Law Firm & Lawyers In Nigeria

    Lawyers in Nigeria undertake different forms of legal services and represent clients for various legal services.
    NigeriaFinance and Banking
    Resolution Law Frim
    Resolution Law Frim
  • Article

    Law And The Future Of Money: Will Technology Eliminate Banking?

    Very few things beat the feeling of having more than enough money in your bank account or the excitement the sound of a credit alert brings.
    NigeriaFinance and Banking
    Olisa Agbakoba Legal (OAL)
    Olisa Agbakoba Legal (OAL)
  • Article

    New Foreign Exchange Windows For Investors, Exporters & SMES

    The purpose of this new window is to improve foreign exchange liquidity. This is in addition to the SME window recently introduced by the CBN.
    NigeriaFinance and Banking
    PwC Nigeria
    PwC Nigeria
  • Article

    New Regulatory Frameworks To Govern Electronic Payments & Collections And Issuance Of Bankers Acceptances & Commercial Papers In Nigeria

    The Central Bank of Nigeria ("CBN") is the apex regulator of Nigeria's monetary and financial sectors and has statutory powers to issue regulations...
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Nigeria's Financial Travails

    "Oh my gosh" "How could they" "Nigeria is at it again". Oh the wailing of many to probably what they understand little about.
    NigeriaFinance and Banking
    Gresyndale Legal
    Gresyndale Legal
  • Article

    Obtaining A Microfinance Bank License In Nigeria – All You Need To Know

    Microfinance banks are quite common in Nigeria and this is because they play a key role in the financial sector. They offer small scale banking services to those who cannot be covered by the traditional banks.
    NigeriaFinance and Banking
    Firmus Advisory
    Firmus Advisory
  • Article

    Operational Guidelines For Representative Offices Of Foreign Banks

    Challenger banks now have a window to establish a representative office in Nigeria. This is because of the newly proposed CBN Guideline on the Regulation of Representative Offices of Foreign Banks...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Regulatory Update: Application Procedure For Admission To The Central Bank Of Nigeria's Regulatory Sandbox

    In January 2021, the Central Bank of Nigeria ("CBN") issued the Framework for Regulatory Sandbox Operations (the "Framework"), which provides for the establishment of a regulatory sandbox in Nigeria and the rules guiding its operations.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Regulatory Update: Operation Of Bank Neutral Cash Hubs In Nigeria

    The Central Bank of Nigeria ("CBN") on 15th March, 2022, released an exposure draft on the Guidelines for Bank Neutral Cash Hubs Operations in Nigeria
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Regulatory Update: The Nigeria Foreign Exchange (FX) Code

    In light of ongoing challenges in the Nigerian foreign exchange market, including recent distortions driven by speculators and illicit traders, the need for a robust regulatory...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Songhai Editorial (May 2016) - Cote d'Ivoire, Gabon, Ghana, Kenya, Nigeria, Senegal

    Recent weeks have seen a steady stream of data releases from international institutions confirming the reality that we feel on the ground – ‘commodity markets sneeze and (about half of) the region catches a cold'.
    NigeriaFinance and Banking
    Songhai Advisory LLP
    Songhai Advisory LLP
  • Article

    Steps To Establishing A Digital Bank In Nigeria

    In recent times, the idea of digital banking has become increasingly popular with the establishment of digital banks. These digital banks like Kuda...
    NigeriaFinance and Banking
    The Trusted Advisors
    The Trusted Advisors
  • Showing 321–340 of 1126 results

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