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One of the challenges encountered while trying to enforce monetary judgments in Nigeria by way of garnishee proceedings is that often, garnishee banks feel obligated to stonewall the judgment enforcement process by asserting certain rights or interests over judgment sums standing in the credit of judgment debtors in their custody.

The Film industry in Africa has enjoyed exponential growth in development especially as it relates to production, post-production, marketing and distribution of titles among others.

Fintech are computer programs and other technology used to support or enable banking and financial services.

By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...

Nigerian banks have become increasingly reluctant to lend to businesses that operate in the real sector thereby affecting the ability of these businesses to grow. In response, the Central Bank of Nigeria

It was long anticipated, and it eventually happened on 28th March, 2024. So, it was not a surprise for many watchers of the Nigerian banking sector, what was a surprise, however, was the nature of the new requirement that excluded a large portion of a bank's shareholders' funds.

Knotty issues arising from Section 19 resulted in multifarious litigation which still lingered after several judicial decisions on the cases.

The purport of this article is best introduced with a practical analogy. Let us imagine a country where 80% of Debtors (Mortgagors) do not repay the money loaned to them by financial institutions...

In Nigeria, the importance of a well-regulated banking system cannot be overstated, especially in light of the sector's influence on economic growth, investor confidence and public trust.

Crowdfunding in Nigeria is a means through which businesses can raise capital by pooling together small amounts of money from a large number of people instead of raising funds from few investors.

In Nigeria, a banking license is more than just a regulatory requirement—it's a vital asset that establishes a bank's credibility, supports its operations, and builds trust among customers, investors, and stakeholders.

The evolution of the internet and the advancement in technology is manifest in all spheres of human endeavors. One area of such improvement is the financial services sector/industry...

A Money Lending License in Nigeria can be used for consumer and commercial lending in Nigeria.

Nigerian Banks are faced with a myriad of problems which affects its effectiveness and productivity.

Many small- and mid-sized businesses struggle to access traditional bank financing due to strict lending requirements, high collateral demands, and limited credit availability.

The host community development provisions in the Petroleum Industry Act 2021 (PIA) remain a focal topic of discourse amongst stakeholders in the Nigerian oil and gas industry.

To understand Garnishee Proceedings in Nigeria, you need to bear in mind that there must be a judgment of a "Court of competent jurisdiction" which enables a successful judgment creditor to enforce...