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On October 11, 2021, the Central Bank of Nigeria ("CBN") took a fundamental step towards facilitating the settlement and payment of cross-border transactions within the African continent...

There has been a lot of confusion in the fintech and payments platform space, following the Federal Competition and Consumer Protection Commission's (FCCPC) release of its statement...

Running a business whether a company or Small and Medium Enterprises (SME's) can be financially demanding. Where this is the case, business owners seek various options to fund the business.

It is surely a good idea to explore how the sprit inherent in the "moral economy" of Islam could enable a just and ethical approach towards the management of systematic risk

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.

On October 11, 2021, the Central Bank of Nigeria (CBN), issued the Guidelines on the Operations of Pan African Payments and Settlement System ("PAPSS") in Nigeria (the "Guidelines").

The Central Bank of Nigeria (‘CBN'), the Nigerian Immigration Service (‘NIS'), and the Federal Ministry of Finance (‘FedFIn') issued a series of Press Releases, Circulars, Directives...

Lending Services constitute a substantial part of the Fintech ecosystem in Nigeria. In recent times, there has been a steady rise in the number of startups providing short-term loans...

"The Board and Management of the bank have not been able to improve the bank's financial performance, a situation which constitutes a threat to financial stability…".

Islamic financing has gained ground in Nigeria in recent times. Further to this, Islamic finance institutions are being set up and the government at both state and federal levels have issued sukuk bonds.

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, recently disclosed that ₦66 billion was recovered from stamp duties between January and May 2020.

The FATF grey list identifies jurisdictions that are actively working to address deficiencies in their AML/CFT regimes.

Nigeria's Presidential Executive Order on Virtual Assets Coordination, 2026 introduces a coordinated regulatory framework for digital assets, establishing a Virtual Asset Council to strengthen cooperation among existing authorities while preserving their statutory mandates.

On 23 November 2022, the Nigerian President, Muhammadu Buhari, launched the newly redesigned N200, N500 and N1,000 currency notes.