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In the past two weeks, Nigeria has witnessed certain radical measures imposed on some banks by the new Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi on August 14, 2009.

The ways in which an average Nigerian approaches financing has changed drastically within the past decade and the current financial services market is a reflection of this.

On the 20th of October 2019, subscribers of the telecommunication giant, MTN, awoke to messages from the telecommunications company informing them of the proposed implementation of a charge of N4 per 20 seconds ...

In recent times, startups and financial servicing companies around the world have been sanctioned for breach of money laundering regulations.

Nigeria's central bank has announced a new foreign exchange policy to increase the supply of dollars to people intending to pay for overseas tuition, medicals and traveling.

The Act has significant tax implications for companies carrying on business operations in Nigeria.

The Federal Government of Nigeria ("FGN") has in the last two fiscal years reiterated and demonstrated its commitment to improve the ease of doing business by ensuring that the tax and fiscal laws are reviewed to reflect current economic realities.

A New Regime For International Money Transfer Operator's License In Nigeria Introduction The Central Bank of Nigeria on January 31st 2024 released a revised guidelines for international money transfer services in Nigeria.

The Business Facilitation (Miscellaneous Provision) Act, 2023 was signed into law on 14 February 2023 to enhance the ease of doing business in Nigeria.

Wealth management is a key component of financial planning aimed at holistically managing the wealth of individuals or families. With the constantly evolving economic...

The Central Bank of Nigeria ("CBN") recently issued a letter to all Nigerian banks announcing a temporary suspension of dividend payments...

As 2023 closed, we highlight some significant regulatory and legal developments within the Nigerian business landscape this year.

The Federal Competition and Consumer Protection Commission (the "Commission") on July 24, 2025 introduced the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulation 2025 (the "Regulation").

Rising costs. Delayed timelines. Frustrated partners. These are just a few of the issues that can arise when a contract does not anticipate unexpected increases in the cost of materials, labour, or fuel.

The Central Bank of Nigeria (CBN) recently released the Framework for Regulatory Sandbox Operations and the Framework for Quick Response (QR) Code Payments in Nigeria.

In today's world, being customer-centric is no longer just a nice idea; it is now a fundamental part of doing business. This fundamental obligation in doing business cuts across all sectors including...

Nigeria's Central Bank has launched a new regulatory sandbox track specifically for virtual assets, marking a significant shift in the country's approach to cryptocurrency oversight.