2,269 results found

Under Common Law, a Company Secretary was regarded as a mere clerk with no ostensible authority to bind the company.

Nigeria is rapidly emerging as a key destination for investors in the global minerals market. With rich deposits of lithium, gold, tin, and other critical minerals, the country offers significant opportunities...

The rise of sustainability reporting has sparked apprehension among stakeholders and investors regarding its credibility.

Nigeria's Central Bank has released an exposure draft proposing sweeping changes to how financial holding companies must be structured, capitalised, and governed. The revised framework introduces stricter ownership requirements, enhanced capital thresholds that could exceed current levels by 20%, and significant restrictions on intra-group transactions and shared services. These proposed regulations could fundamentally reshape the operational landscape for banking groups and financial conglomerates operatin

Nigeria's Central Bank has issued a sweeping directive requiring all payment and financial transaction data generated within the country to be processed and stored locally by January 2027. This regulatory shift forces fintech companies to abandon their reliance on global cloud platforms like AWS and Azure, introducing significant operational costs, infrastructure risks, and compliance complexities. The mandate affects not only licensed financial institutions but extends throughout the entire fintech ecosyst

On 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on "New License Categorisations for the Nigerian Payments System" (NPS Circular).

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, recently disclosed that ₦66 billion was recovered from stamp duties between January and May 2020.

NOFR is a transaction-based reference rate derived from actual overnight secured funding trades, specifically NGN-denominated repurchase (“REPO”) transactions with a minimum size of NGN 5 billion (five billion Naira), between eligible financial institutions, reflecting current liquidity conditions in Nigeria’s interbank market

Nigeria offers substantial opportunities for foreign investors seeking to establish operations in Africa's largest economy. However, successful market entry requires more than simply filing incorporation documents—it demands careful navigation of multiple regulatory agencies, proper capital importation procedures, and compliance with foreign investment rules that can determine whether your venture thrives or stalls before it begins.

Cross-border restructuring often involves complex legal and regulatory requirements that can affect the timing, cost, and overall success of a transaction.

Pursuant to the powers conferred on the National Insurance Commission by the National Insurance Commission Act 1997 ..

In our last Newsletter, we highlighted how licensing external tech can help you grow without losing focus on your core business objective. Now, let's flip the script, what if your IP could do the heavy lifting?

In Nigeria, technology plays a prominent role in driving the growth and development of the society. In recent times, several tech startups/tech hubs have been established to solve social, cultural,...

This article is not about the impending mixed martial arts duel between Elon Musk and Mark Zuckerburg, but it sets the tone for the potential court battle between the two foes arising from an IP dispute.

Carriage of goods by sea is a complex commercial and legal process that typically commences from the point of purchase of goods from a foreign manufacturer or seller and culminates in delivery to the buyer in Nigeria.

Micro, Small and Medium Enterprises (MSMEs) occupy a central position in Nigeria’s economic structure. According to various National Bureau of Statistics...

A land purchase agreement in Nigeria is a formal contract by which a vendor agrees to sell, and the purchaser agrees to buy a piece of land under specific terms and conditions spelled out in writing