A cashless world was hard to imagine in the 80s and 90s (at least for most of us). It was unimaginable for you to successfully make payments, without cash, a debit or a credit card.

In April 2021, the Nigerian Securities and Exchange Commission ("SEC") issued a directive prohibiting unregistered Financial Technology ("Fintech") companies from offering, selling or dealing...

The National Information and Technology Development Agency ("NITDA") recently published the Draft Data Protection Bill 2020 (the "Bill") for the input of stakeholders.

It is estimated that the country will require over $3 billion annually for the next 30 years to effectively close this gap and meet development goals.

As the most populous African nation, Nigeria continues to attract an increasing number of foreign investments annually. In 2020, the United Nations reported that Nigeria's inflow...

As startups scale, founders often face a harsh reality—losing control and ownership of the company they birthed to external factors like investors and funding endeavors.

Employee benefits such as health insurance, pensions, annual leave, and work-life balance initiatives can greatly improve an employee's overall job satisfaction and ultimately lead to increased productivity and loyalty.

Reliable access to electricity is vital for the development and progress of any nation. Nigeria has grappled with a persistent problem of irregular power supply and arbitrary disconnection...

Micro, Small and Medium Enterprises (MSMEs) play a significant role in the development of the economy of many countries. According to the World Bank, MSMEs represent about 90% of businesses worldwide.

On 12 March 2026, the Central Bank of Nigeria (CBN) issued a circular (the "Circular") to all financial institutions (FIs) offering Instant Payment (IP) services in Nigeria.

The Central Bank of Nigeria ("CBN") on March 28, 2024, published a circular reviewing the minimum capital requirements for Commercial, Merchant, and Non-interest Banks in Nigeria.

The fight against money laundering and terrorist financing remains a critical priority for global financial systems. As financial transactions have become increasingly digitized...

On November 23, 2022, the Central Bank of Nigeria ("CBN") issued the Anti-Money Laundering, Combating the Financing of Terrorism, and Countering Proliferation Financing...

Telemedicine refers to the delivery of healthcare services such as diagnosis, treatment, and prevention remotely with the use of Information and Telecommunication Technology.

In the current global digital economy, businesses enjoy significant competitive advantage from intangible assets such as intellectual property, confidential data and proprietary processes.

In February 2022, the Nigeria Data Protection Bureau (the "NDPB"), was established by the Federal Government as the principal data protection regulatory body to implement the objectives...

In many developing countries, a major challenge which occurs in related-party transactions is transfer pricing. A transfer price can be defined as the price at which related parties...

Citizenship acquisition can be a long and rigorous process but that is not always the case for high-net-worth individuals who may explore the option of acquiring citizenship by investment.

The Nigeria Data Protection Commission (NDPC) recently issued a Guidance Notice (the"Notice") on the filing of data protection Compliance Audit Returns (CARs) ahead of the next cycle for the filing of CARs in 2024.

To further safeguard individual privacy rights and promote secured data practices, President Bola Tinubu on the 12th of June 2023 signed into law the Nigeria Data Protection Act (the "Act").