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  • Article

    The Commencement Date Of The Finance Act Is 13th January 2020

    The 2019 Finance Act recently given by the Mr President has undoubtedly been a heated topic of debate among Business and Legal commentators.
    NigeriaFinance and Banking
    TNP
    TNP
  • Article

    Differentiating SAFE From Convertible Note And Loan Note: Exploring Investment Instruments

    In the dynamic world of startup financing, various instruments play crucial roles in raising capital and supporting innovative ventures.
    NigeriaCorporate/Commercial Law
    The Trusted Advisors
    The Trusted Advisors
Article

FRCN revokes rule requiring regulatory approval before recognising certain expenses

The Financial Reporting Council of Nigeria ("FRCN") on Monday, 5 August 2019, issued a public notice
NigeriaCorporate/Commercial Law
Deloitte Nigeria
Deloitte Nigeria
  • Article

    Legal Considerations For A Startup In The Funding Phase

    Congratulations! Your start-up is taking off, and you want to expand it by raising money. Regardless of the option of funding chosen, raising capital can be quite a tedious process...
    NigeriaCorporate/Commercial Law
    The Trusted Advisors
    The Trusted Advisors
  • Article

    Material Adverse Change (MAC) Clause Dispute In Nigeria

    The client/investor had entered into a Share Purchase Agreement ("SPA") to acquire a minority stake in a technology company. The SPA included a Material Adverse Change (MAC) clause, which allowed the investor...
    NigeriaCorporate/Commercial Law
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Obtaining A Money Lender's License In Oyo State, Nigeria

    Any business owner who intends to operate a money lending business in Oyo State, Nigeria must obtain the money lending license of the state. The grant, refusal and revocation of money lender's...
    NigeriaCorporate/Commercial Law
    AEKLEY SOLICITORS
    AEKLEY SOLICITORS
  • Article

    Raising Capital Through Commercial Paper: Why Corporations Should Adopt A More Cost-Efficient Option

    Businesses seeking to raise capital have a choice between equity or debt financing.
    NigeriaCorporate/Commercial Law
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    CBN Introduces Special Foreign Exchange Window For Investors And Exporters

    The Central Bank of Nigeria on 21 April 2017 announced that it has set up a special foreign exchange window for investors, exporters and end users.
    NigeriaFinance and Banking
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    CBN's Regulatory Framework Permitting Derivatives Stimulates The Capital Market In Nigeria

    The attitude of investors in developed economies towards risk has evolved from the initial position of diversifying risk exposures between varying portfolios of assets into the treatment of risk as an asset eligible for trading on regulated markets.
    NigeriaFinance and Banking
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    Court Of Appeal Affirms Banks' Right To Restrict Accounts Without Court Order

    Can a bank restrict a customer's account without a court order? According to the Court of Appeal, the answer is yes.
    NigeriaFinance and Banking
    Duale, Ovia & Alex-Adedipe
    Duale, Ovia & Alex-Adedipe
  • Article

    De-Risking Lending Through The Use Of Credit Derivative Instruments

    Although the CDI has been criticized by many due to its ability to engender systemic risk; especially the more exotic types.
    NigeriaFinance and Banking
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    Federal Government Of Nigeria Budget Proposals For 2023 Fiscal Year

    His Excellency, President Muhammadu Buhari, GCFR, has presented the 2023 Federal Government Budget Proposals at the joint session of the National Assembly in Abuja.
    NigeriaFinance and Banking
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Financial Reporting Council Says Transactions That Require Approval Of A Statutory Body Can Be Recognised Without The Approval

    The revocation takes effect from 11 July 2019 and it is to be applied prospectively.
    NigeriaFinance and Banking
    PwC Nigeria
    PwC Nigeria
  • Article

    Forbearance With Strings: Lessons From The CBN's 2025 Conditional Relief To Banks

    When the Central Bank of Nigeria (CBN) released its June 13, 2025 circular—"Temporary Suspension of Dividend Payments...
    NigeriaFinance and Banking
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    Matters Arising From Implementation Of Finance Act, 2020

    The annual enactment of the Finance Acts clearly shows the Federal Government's commitment to review the extant tax laws and make progressive changes to Nigeria's fiscal frameworks to align them with economic realities and global best practices...
    NigeriaFinance and Banking
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    New Payment Regulations Open The Door To MNOs In Nigeria

    For example, the regulations require PSBs to issue cards and install ATMs rather than giving them the option of a purely digital proposition.
    NigeriaFinance and Banking
    Genesis Analytics
    Genesis Analytics
  • Article

    Nigeria Cash Withdrawal Limit: Legality Of The Central Bank Of Nigeria (Cbn) Circular With Ref. Nos.: Bsd/Dir/Pub/Lab/015/069 And Bsd/Dir/Pub/Lab/015/073

    Following the redesigning of the currency (Naira i.e. 200, 500 & 1000) of Nigeria, the Central Bank of Nigeria (CBN) issued a memo dated 6th December 2022 and referenced BSD/DIR/PUB/LAB/015/069 to all Deposit Money Banks (DMBs) and other financial institutions in furtherance to its cashless policy.
    NigeriaFinance and Banking
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    Project Finance In Nigeria: Leveraging Step-In Rights To Secure Lender Investments

    Nigeria's financial system is skewed towards short-term financing, making it difficult to obtain long-term funds for project and infrastructural development. Infrastructure includes...
    NigeriaFinance and Banking
    Tope Adebayo LP
    Tope Adebayo LP
  • Article

    Regulation Of Collective Investment Schemes (CIS) In Nigeria

    Recent reports by the Securities and Exchange Commission show that there has been an increase in the total net asset value of CIS in Nigeria, from N782.64 billion in May 2019, to N1.322 trillion in May 2020.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Regulatory Update: Central Bank Of Nigeria's Operational Mechanism For Bureau De Change Operations In Nigeria- A Note To BDCs

    The evolving landscape of the Nigerian foreign exchange market has prompted the Central Bank of Nigeria ("CBN") to take decisive steps to bolster its efficiency.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Showing 81–100 of 1126 results

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