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  • Article

    The Federal Government Approves The Blockchain Policy For Nigeria

    On 3 May 2023, the Nigerian government approved a National Blockchain Policy for Nigeria ("Policy"). As the leading digital economy in Africa, Nigeria is the first in the continent to adopt...
    NigeriaTechnology
    Streamsowers & Köhn
    Streamsowers & Köhn
  • Article

    The Federal Government Of Nigeria Has Approved The Establishment Of A Private Sector Aircraft Leasing Company.

    On 1 May 2026, the Federal Executive Council (“FEC”) approved the establishment of a national aircraft leasing company in Nigeria through a private-sector special purpose...
    NigeriaTechnology
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    NITDA To Issue Non-Compliance Notices To Defaulting Organizations

    The Nigeria Information Technology Development Agency (NITDA) has disclosed its intention to issue non-compliance notices to companies and organizations that have failed to comply with the...
    NigeriaPrivacy
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Regulation Of Cryptocurrencies And Other Digital Assets In Nigeria

    Through Blockchain, digital assets were introduced to the world in 2009 with no central controlling authority. Very quickly, cryptocurrency transactions became popular in various parts ...
    NigeriaTechnology
    Pavestones
    Pavestones
  • Article

    Agency Banking In Nigeria - The Fintech Play

    Agency banking in Nigeria is a system where banks and licensed financial institutions appoint individuals as agents to provide basic financial services...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    An Overview Of The Startup Act, 2022

    On the 19th of October 2022, President Muhammadu Buhari signed the Startup Act (the Act). The Act is a significant legislation for the Nigerian technology and innovation ecosystem...
    NigeriaFinance and Banking
    Dentons ACAS-Law
    Dentons ACAS-Law
  • Article

    Nigeria's Digital Immigration Transformation - Online Access To Immigration Documents

    In a landmark move to streamline and modernize its immigration system, Nigeria has introduced a revolutionary policy enabling individuals to obtain immigration documents online.
    NigeriaImmigration
    Ruach Chambers
    Ruach Chambers
  • Article

    TMT Predictions 2019

    Predictions has been published since 2001. Back in 2009 and 2010, we wrote about the launch of exciting new fourth-generation wireless networks called 4G (aka LTE).
    NigeriaMedia, Telecoms, IT, Entertainment
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    Contractual Liability In Agentic Commerce: Key Considerations

    Agentic commerce marks a structural shift in how payment transactions are initiated and executed. In this model, AI systems act on behalf of consumers to search, evaluate, and, in some cases...
    NigeriaTechnology
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Cybersecurity Levy, Beyond Suspension: The Need For A Review Of Its Legality And Timing

    In a circular dated 6th May 2024, the Central Bank of Nigeria (CBN) released implementation guidance on the collection and remittance of the National Cybersecurity Levy ("the levy").
    NigeriaTechnology
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Digital Regulations In The Metaverse Era: Nigeria

    PUNUKA is delighted to share the Metaverse Guide, a guide that acknowledges the current gap in specific legislation tailored to the metaverse across most regions and countries. To address this, the guide provides a comprehensive overview of the existing digital regulatory frameworks that may impact the metaverse.
    NigeriaTechnology
    Punuka Attorneys and Solicitors
    Punuka Attorneys and Solicitors
  • Article

    Financial Reporting And Risk Management For FinTech Companies In Nigeria

    Financial Technology (FinTech), the technological innovation that continues to disrupt the financial services industry is on an upward trajectory and shows no signs of letting up.
    NigeriaTechnology
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Infusion Lawyers: Exclusive Contributor (Nigeria) To The Comparative Guide To Blockchain 2020

    The Comparative Guide to Blockchain 2020 provides an overview of some of the key points of law and practice in blockchain. It allows readers to compare regulatory environments...
    NigeriaTechnology
    Infusion Lawyers
    Infusion Lawyers
  • Article

    Spotlight On AI Development In Nigeria

    Nigeria boasts a resilient tech foundation, so it's no surprise that Sam Altman, creator of OpenAI, said, "Nigeria has been the biggest adopter of Artificial Intelligence in Africa."
    NigeriaTechnology
    Olajide Oyewole LLP
    Olajide Oyewole LLP
  • Article

    Review Of The Final Framework For Regulatory Sandbox Operations In Nigeria

    On 14th January 2021, the Central Bank of Nigeria (the "CBN") released the long-awaited final framework for regulatory sandbox operations in Nigeria (the "Framework").
    NigeriaCorporate/Commercial Law
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    The Link Between Effective Internal Control System And Management Decision Making

    An effective internal control system is crucial for modern businesses. Factors such as business growth, the complexity of activities, and the potential for errors and fraudulent transactions make it essential.
    NigeriaCorporate/Commercial Law
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    As Lawyers, We Cannot Solely Rely On AI!

    It is no news that we are in the age of rapid technological advancement, and artificial intelligence (AI) has become deeply integrated into various aspects of our lives...
    NigeriaTechnology
    Punuka Attorneys and Solicitors
    Punuka Attorneys and Solicitors
  • Article

    Buy Now Pay Later Fintechs In Nigeria: Some Market Entry Considerations

    Nigeria presents an interesting proposition for point-of-sale financings commonly referred to as Buy Now Pay Later financing.
    NigeriaTechnology
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    How To Obtain A Fintech License In Nigeria: Switching And Processing License

    A Switching and Processing License is one required by companies that engage in processing payments and routing of payment transactions between different financial institution...
    NigeriaTechnology
    Firmus Advisory
    Firmus Advisory
  • Article

    Fintech Regulatory Update: SEC Minimum Capital Requirements For Virtual Assets Service Providers And Fintech Operators

    On 16th January, 2026, the Securities and Exchange Commission ("SEC") issued Circular No. 26-1 on the Revised Minimum Capital Requirements...
    NigeriaTechnology
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie

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