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On 19 October 2022, the President of the Federal Republic of Nigeria gave his assent to the Nigeria Startup Bill 2021 (the Bill), effectively signing it into law as the Nigeria Startup Act 2022 (the Act).

With the passing of the Money Laundering (Prevention and Prohibition) Bill into law in 2022 by the President of the Federal Republic of Nigeria, Muhammadu Buhari...

Payment Service Banks ("PSBs") have, since their introduction into the financial space, remained a veritable vehicle for financial inclusion across countries.

On the 14th of June 2023, the Central Bank of Nigeria ("CBN") published a press release on the Operational Changes to the Foreign Exchange Market.

The Supreme Court of Nigeria's decision in Central Bank of Nigeria v. Ochife redefines the evidential burden in garnishee proceedings, exposing a critical enforcement gap where judgment creditors must prove specific account details...

Buying a house either for investment, commercial purpose or residential purpose in Lagos Nigeria involves a series of legal procedures to ensure a smooth and secure transaction.

When structuring a facility in leveraged finance, it is important to bear in mind that a lender's protection is only as strong as the loopholes in the financing agreement.

On 13 of January 2020, the President signed the Finance Act 2019 (‘the Act") into law. The implementation of the Act commenced in February 2020, as announced by the Federal Ministry of Finance.

On June 24, 2024, the Federal Inland Revenue Service ("FIRS") issued Information Circular No. 2024/04 (the "Circular") to provide information and guidance to the general public, taxpayers, tax practitioners...

On June 26, 2025, President Bola Ahmed Tinubu made history by signing into law four comprehensive tax reform bills that promise to transform Nigeria's revenue generation landscape fundamentally.

In 2019, the Federal Government of Nigeria enacted the Finance Act 2019 ("FA19"), which introduced several amendments to extant tax statutes.

Nigeria, often referred to as the "Giant of Africa" boasts vast resources, a large and increasingly growing population, and a dynamic economy.

Nigeria's fintech story has been built on transfers. From USSD to instant bank transfers, Nigerian Fintechs have engineered a system that moves money fast, but not without friction.

On July 8, 2021, the Central Bank of Nigeria ("CBN"), Nigeria's apex financial and monetary regulator, issued a new regulatory regime for Payment Service Banks ("PSBs"),

As the Apex regulatory body for the Nigerian capital market, the Securities and Exchange Commission (the "SEC") released a circular on June 16, 2021 notifying members of the public...

On July 8, 2021, the Central Bank of Nigeria ("CBN"), Nigeria's apex financial and monetary regulator, issued a new regulatory regime for Payment Service Banks ("PSBs")...

On 13 January, 2016, the International Accounting Standard Board announced the issuance of a new accounting standard: International Financial Reporting Standard 16, on leases, which took effect on 1 January 2019.