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For many years the Judiciary in Nigeria has suffered neglect, mostly because it is dependent on the Executive for its funding despite constitutional provisions that guarantee financial autonomy to the Judiciary.

The CBN, like other Central Banks globally, has commenced preparation for the issuance and operation of Central Bank-issued Digital Currency (CBDC).

The Central Bank of Nigeria has mandated that all payment transaction data generated within the country must be stored locally by January 2027, marking a significant shift in how financial institutions handle sensitive information. This directive raises critical questions about Nigeria's infrastructure readiness and the practical steps banks, mobile money operators, and payment providers must take to comply. With less than six months until the deadline, organizations face urgent decisions about data governa

Budget as a central policy document of government will show how government will prioritise and achieve its annual and multi-annual objectives.

Arbitration in Nigeria continues to experience an upward spiral as an effective dispute resolution mechanism adopted by parties engaged in contemporary commerce.

Stanbic Ibtc Holding Plc had purchased a banking software, which it customised and sold to its South African parent company. The Software was subsequently licensed to the bank for an annual licence fee.

In the commercial world of banking, time is money, but in Nigeria, the clock often moves far too slowly when debts go bad. While the economy expands in pockets of fintech and oil...

On March 20, 2025, the Nigeria Data Protection Commission ("NDPC") released the General Application and Implementation Directive 2025 ("GAID"), superseding the Nigeria Data Protection Regulation (NDPR) 2019.

The signing of the Finance Act, 2021 (Finance Act) into law by President Muhammadu Buhari on 31st December, 2021 brought further sweeping changes to the Nigerian tax regime with notable implications...

The Finance Act which came into force on 13th January 2020, introduced the concept of "significant economic presence" ("SEP") as a new basis for the taxation of digital and online...

Stamp duties are a form of tax paid on documents or instruments executed in Nigeria. It is also paid on documents or instruments to be performed in Nigeria.

Technology infrastructure is the backbone of digital transformation and economic advancement. In Nigeria, there is a rapidly growing demand for robust infrastructure—such as broadband networks, data centers...

On July 9, 2021, the Central Bank of Nigeria ("CBN") issued new twin regulations to govern mobile money services in Nigeria.

Apparently, the Executive Order No. 8 of 2018 was on Monday, October 8, 2018, signed by President Muhammadu Buhari in furtherance of the current administration's resolve to increase tax revenues ...

Bank charges are fees that banks impose on their customers for using their services. They vary depending on the type of service and the bank. Some of the common bank charges include ATM fees...

The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate (NOFR) as Nigeria's new overnight interbank benchmark.

Nigerian debt market executed and closed the largest wave of syndicated loans ever witnessed in Nigeria between 2013 and 2015 as up to 15 syndicated loan facilities achieved financial closure.

Previously, navigating the Nigerian Foreign Exchange market could be a challenge for foreign businesses and investors.