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Article
Fintech Regulation In Nigeria; Non-Bank Merchant Acquirers
On the 25th May 2021, the Central Bank of Nigeria (CBN) issued a circular to financial institutions notifying them of the release of the Regulatory Framework for Non-Bank Acquiring in Nigeria (the "Framework").
NigeriaTechnology
Pavestones
Article
Operating a Crypto Trading Company in Nigeria: Regulatory Requirements
The Nigeria Securities and Exchange Commission ("SEC") by a press release issued on August 29 2024, announced that it has granted two Digital Asset Exchanges its "Approval and Principle"...
NigeriaTechnology
Pavestones

Several Bans Of Nigeria

As the global economy transitions from a dependence on natural resources, and the focus shifts towards innovation in the provision of services, some of the most valuable companies today are privately owned Fintech companies ...

NigeriaTechnology

409A Valuation: What Is It? Why Is It Necessary And When Would You Need One?

As a tech founder, there are generally two types of company valuations that you would be involved with during the life of your tech startup. The first and the more common one is the venture investment valuation.

NigeriaCorporate/Commercial Law

Balogun Harold Legal

Corporate Governance And Startups: Lessons From The Collapse Of The Silicon Valley Bank

On Friday, March 10, 2023, Silicon Valley Bank (SVB), failed after a bank run, marking the largest bank failure since the 2007-2008 financial crisis. The collapse of SVB, a major player...

NigeriaCorporate/Commercial Law

Current Developments On Executive Compensation

Excessive risk taking was one of the major factors that led to the financial crisis of 2007/08.

NigeriaCorporate/Commercial Law

KPMG in Nigeria

Does Domiciliation Of Payment Under A Contract Amount To An Assignment Of The Contract Under Nigeria Law?

The Counsel submitted that the Court cannot look outside the pleadings to determine question of jurisdiction.

NigeriaCorporate/Commercial Law

Fred-Young & Evans

Fiscal Incentives Available To Startups Under The Startup Act, 2022

With about 383 tech startups raising a combined total of US$2,068,709,445 between 2015 and 2022 - a higher total than any other country in Africa, Nigeria benefits greatly from the economic...

NigeriaCorporate/Commercial Law

Dentons ACAS-Law

Legal Aspects Of Investing In Nigeria - Overview

NigeriaCorporate/Commercial Law

Abuka Ajegbo Ilogu & Nwaogu

Regulatory Update – Revised Rules On Mergers, Acquisitions And Take-Overs In Nigeria

Prior to 2019, the Securities and Exchange Commission ("SEC") was the primary body responsible for mergers, acquisitions and take-overs of public and private companies in Nigeria.

NigeriaCorporate/Commercial Law

A Review Of The Operational Framework For Co-Investment By Pension Fund Administrators

The Framework essentially sets the ground rules for co-investment by Pension Fund Administrators in portfolio companies alongside private equity funds in which they are limited partners.

NigeriaFinance and Banking

CBN Circular On Cash Pooling By International Oil Companies: Roadmap To Ensure Liquidity Stability

On February 14, 2024, the Central Bank of Nigeria ("CBN") issued a Circular titled 'Requirements for Foreign Currency Cash Pooling on Behalf of International Oil Companies ("IOCs")...

NigeriaFinance and Banking

Does Domiciliation Of Payment Under A Contract Amount To An Assignment Of The Contract Under Nigeria Law?

In the recent Supreme Court case of SC.332/2009; Julius Berger Nigeria Plc. & Anor. v. Toki Rainbow Community Bank Ltd, Julius Berger, the appellant, by a local purchase order requested a Contractor to make a supply to it.

NigeriaLitigation, Mediation & Arbitration

Seson Legal Practitioners

Provision Of Security For Judgment Debt As A Condition For Grant Of An Order For Stay Of Execution

In matters involving debt recovery, the primary consideration for the creditor is recovery of the amount owed or judgment debt. Most creditors are keen to know the options that guarantee...

NigeriaLitigation, Mediation & Arbitration

Dentons ACAS-Law

Did You Know That A Dcpmi Must File Its Data Protection Compliance Audiт Returns By 31 March Each Year?

Article 10 of the General Application and Implementation Directive 2025 ("GAID") requires data controllers and data processors to conduct periodic...

Udo Udoma & Belo-Osagie

Tax Appeal Tribunal Rules That Excess Dividend Is Liable To Tax At 30%.

Section 19 of the Companies Income Tax Act (CITA) imposes tax at 30% on a company where it declares and pays dividends in excess of its total profit.

Blockchain And Smart Contracts: The Future Of Legal Transactions In Nigeria

In recent years, blockchain technology and smart contracts have emerged as revolutionary tools with the potential to reshape the landscape of legal transactions.

NigeriaTechnology

The Trusted Advisors

SEC Releases Statement On Digital Assets, Their Classification And Treatment

It's a new dawn for crypto assets dealers as the Nigerian Securities and Exchange Commission on Monday 14th August 2020, published a statement on digital assets, their categorisation and treatment.

NigeriaTechnology

Private Equity Investment In Sport

2020 represented a tough financial year for sports organisations, sports teams and the governing bodies of sport due to the Covid-19 pandemic.

GlobalMedia, Telecoms, IT, Entertainment

Olisa Agbakoba Legal (OAL)

Federal Competition And Consumer Protection Bill

The Bill applies to all businesses and all commercial activities within, or having effect within Nigeria and extends to undertakings in which the Federal, State or Local Government ...

NigeriaAntitrust/Competition Law

Showing 341–360 of 2261 results

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