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  • 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
    Pavestones
  • Article

    Overview Of The Draft Framework For Regulatory Sandbox Operations And Implications For Industry Players

    The Central Bank of Nigeria (the "CBN") recently released the Draft Framework for Regulatory Sandbox Operations ("Draft Sandbox Regulations").
    NigeriaTechnology
    TNP
    TNP
Article

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
TNP
TNP
  • Article

    Agency Banking vs. Deposit-Banking: Key Considerations For Fintechs

    As agency banking continues to expand financial access in Nigeria, a common misconception is that a fintech must obtain a deposit-taking banking licence, often in the form of a microfinance bank (MFB) licence...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    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
    The Trusted Advisors
  • Article

    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
    TNP
    TNP
  • Article

    CBN's Open Banking Guidelines: Implications For Non-Bank Entities

    It is often assumed that the Central Bank of Nigeria's (the "CBN") Open Banking Framework and related guidelines ( the "Open Banking Guidelines") are relevant only to banks...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Highlights Of The Guidelines, Letters, Circulars And Notifications Issued In October 2025

    The CBN issued new guidelines for operators to significantly restructure Agent Banking operations in Nigeria.
    NigeriaFinance and Banking
    Advocaat Law Practice
    Advocaat Law Practice
  • Article

    Nigeria's Exit From The Grey List: Implications For Businesses And The Financial System

    At the October 2025 plenary meeting of the Financial Action Task Force ("FATF") in Paris, Nigeria, alongside South Africa, Mozambique and Burkina Faso, was officially removed...
    NigeriaGovernment, Public Sector
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Challenges Facing The Fintech & E-Commerce Industries In Nigeria

    The emergence of FinTech and e-commerce has been a welcome change to global commercial transactions.
    NigeriaTechnology
    TNP
    TNP
  • Article

    Navigating The Regulatory Headwinds For Crypto Exchanges In Nigeria

    In the past few weeks, the Central Bank of Nigeria (CBN) appears to have taken several steps to defend the continuous devaluation or rather rapid free fall of the Naira since its floatation in June 2023.
    NigeriaTechnology
    Templars
    Templars
  • Article

    Procedure For Acquiring A Money Lending License In Nigeria

    In the past few years, there has been an increase in the number of Fintech startups offering lending services to the public.
    NigeriaTechnology
    Pavestones
    Pavestones
  • Article

    The Quincecare Duty Of Care: Lessons For Nigerian Banks & Fintechs

    In the same vein, Fintechs may have some exposure to their own customers if Fintechs are found to be in breach of the Quincecare rule.
    NigeriaTechnology
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    New Rules For Fintechs In The Electricity Sector

    Effective as of May 27 2025, the Nigerian Electricity Regulatory Commission ("NERC") issued formal guidelines for the registration and engagement of Third-Party Collection Service Providers...
    NigeriaEnergy and Natural Resources
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Finance Bill 2022 – Review Of Proposed Tax Amendments And Potential Impact On Businesses

    Over the past three years, Nigeria has witnessed the enactment of annual Finance Acts, along with the National budget. To date, the Finance Acts (2019, 2020 and 2021) have introduced landmark amendments...
    NigeriaFinance and Banking
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Five Things You Should Know About Open Banking In Nigeria

    The Central Bank of Nigeria has been working towards creating an open banking system in the country.
    NigeriaFinance and Banking
    Sidebrief Inc.
    Sidebrief Inc.
  • Article

    Regulatory Requirements For Obtaining A Digital Sub-Broker Licence; SEC Rules & Fintech In Nigeria

    Over the last decade, technology has continued to disrupt the financial sector while regulators have struggled to keep up. The capital market sub-sector has not been spared as fintech companies...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    The Central Bank Of Nigeria – Regulatory Sandbox

    The Central Bank of Nigeria (CBN) is Nigeria's primary financial regulator, and it has issued a call for expressions of interest from innovators to take part in its Regulatory Sandbox...
    NigeriaFinance and Banking
    Sidebrief Inc.
    Sidebrief Inc.
  • Article

    Regulatory Mapping In The Nigerian Fintech Sector (TALP's Fintech Series 4)

    Nigeria's Fintech revolution is unstoppable, but so are the regulators. With over 430 companies now transforming how money moves, from digital banking and mobile payments to blockchain...
    NigeriaTechnology
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    The New Banking Regulation: Impact On Fintech Businesses In Nigeria

    On November 12, 2020, President Muhammadu Buhari assented to the Banks and Other Financial Institutions Act 2020 (the "Act") which repealed the previous Banks...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Showing 41–60 of 379 results

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