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The Banking Sector Regulation Programme is a regulatory initiative of the Central Bank of Nigeria that requires banks operating in Nigeria, to increase their minimum paid-in common equity capital to a specified amount ...

Nigeria's monetary growth relies heavily on how well it can build and maintain robust public infrastructure.

On 20th October 2019, MTN subscribers received a love letter from MTN.

Nigeria is in an extremely fragile state. Available indices show characteristics of a failing state. There are conflicts and agitations everywhere, feelings of marginalization and exclusion...

The National Insurance Commission (NAICOM) has issued Guidelines for the Insurance Policyholders' Protection Fund (IPPF), requiring all licensed insurers and reinsurers to contribute 0.25% of their Net Premium Income to protect policyholders and beneficiaries. The Guidelines establish a comprehensive framework for funding, management, and utilization of the Fund, with strict compliance obligations and regulatory oversight.

The deployment of technology and artificial intelligence into human endeavours has extended to the financial services sector with the emergence of digital lending companies often ascribed...

In recent times, the Nigerian FinTech ecosystem has witnessed strong drive and campaign across various frontiers including payments, personal savings, financial ...

The Finance Act, 2019 amended some provisions of the Companies Income Tax Act, Petroleum Profit Tax Act, Personal Income Tax Act, Value Added Tax Act, Customs and Excise Tariff etc...

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...

The Students Loan (Access to Higher Education) (Repeal and Re-enactment) Act of 2024 in Nigeria is a significant piece of legislation aimed at expanding access to higher education.

On June 14, 2023, the Central Bank of Nigeria ("CBN") issued a press release ("Press Release") to authorized dealers and the general public, concerning changes to be implemented in the operation..

To operate as a lawful moneylender in Lagos, an individual or company must first procure the Money Lenders License in Lagos.

On the 5th of December 2023, the Corporate Affairs Commission ("CAC") of Nigeria announced an increase in the minimum paid-up capital requirement for companies with foreign participation...

In this article, we have reviewed the incomes generated by REITs operating in Nigeria to ascertain their exemption from taxation as provided by law.

The regulation of Bureau de Change Operators (BDCs) remains a topical issue in Nigeria. The Central Bank of Nigeria (CBN) has repeatedly expressed its commitment to addressing the challenges posed by unauthorized operations of some BDCs, which has the potential of undermining the Nigerian financial system.

On 2nd September 2021, the Central Bank of Nigeria (CBN) issued a Circular to all banks in Nigeria titled Basel III Implementation by all Deposit Money Banks ("the Circular").

Recent times have seen an increase in consumer lending by fintech companies whose businesses are primarily the provision of personal loans to Nigerians.