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  • Article

    Competition / Anti-Trust Regulation In Nigeria: Restrictive Agreements

    The Federal Competition and Consumer Protection Act ("FCCPA"), 2018 is generally the primary legislation for the regulation of competition and protection of consumers in Nigeria.
    NigeriaAntitrust/Competition Law
    Pavestones
    Pavestones
  • Article

    Capital Market Trends In Nigeria: Navigating Sec Rules On Board Appointments & Tenure

    On June 19, 2025, the Securities and Exchange Commission (SEC) issued the Circular to All Public Companies and Capital Market Operators on the Transmutation of Independent Non-Executive Directors...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Entering Nigeria's Venture Capital Market: Regulatory Clarity, Capital Thresholds, And Structuring Pathways For Investors

    Nigeria's venture capital (VC) sector has evolved from an informal, relationship-based market into a structured ecosystem shaped by various laws and regulatory requirements including regulations provided...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Regulatory Update: Nigeria's Carbon Market Approach

    In a previous publication, we discussed the Africa Carbon Market Initiative (ACMI) which is geared towards initiating and scaling a carbon credit market across the continent.
    NigeriaEnvironment
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  • Article

    Foreign Exchange Controls In Nigeria: Updated Rules For BDCs

    On February 10, 2026, the Central Bank of Nigeria (CBN) issued a circular on Participation of Licenced Bureau De Change in the Nigerian Foreign...
    NigeriaFinance and Banking
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    Pavestones
  • Article

    Data Protection In Nigeria – Draft General Application And Implementation Directive

    In a bid to further tighten the nuts and bolts of data protection in Nigeria, the Nigeria Data Protection Commission (the "Commission") published on May 31, 2024...
    NigeriaPrivacy
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  • Article

    The Regulation Of Data In Nigeria: Cross-Border Transfer Of Data

    In today's world, the commonly used phrase "the world is your oyster" can now be taken literally by businesses. With the use of technology and data analytics, companies can now reach ...
    NigeriaPrivacy
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    Pavestones
  • Article

    Registering A Cooperative Society In Lagos State

    Cooperative societies are a useful tool for promoting economic growth, improving social welfare, and fostering community development. It creates an avenue for groups of people brought together by a common interest...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Negotiating Key Provisions In A Simple Agreement For Future Equity ("Safe")

    In a previous article, we discussed what it means to raise capital through a Simple Agreement for Future Equity ("SAFE"). The SAFE was introduced in 2013, by Y Combinator (YC)...
    NigeriaCorporate/Commercial Law
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    Pavestones
  • Article

    NGX Technology Board: Considerations For Listing Your Technology Company On The Nigerian Stock Exchange

    The Nigerian technology ecosystem has grown astronomically over years, with startups and technology companies springing up across the country. In recent times, however, factors such as the current economic...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    The Central Bank Of Nigeria Regulatory Update: Revised Cash Policies And Authorised Push Payment Fraud Guidelines

    The Central Bank of Nigeria ("CBN") has recently issued two regulatory communications: (i) the Revised Cash-Related Policies, effective 1 January 2026...
    NigeriaCriminal Law
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    Pavestones
  • Article

    Agency Banking In Nigeria; Impact Of The Revised Central Bank Of Nigeria Circular On Cash Withdrawal In Nigeria

    On the 21st of December 2022, the Central Bank of Nigeria ("CBN') issued a circular titled "Re: Naira Redesigned Policy – Revised Cash Withdrawal Limits" (the "Circular")...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Debt Recovery In Nigeria - The Recent Central Bank Of Nigeria Policy

    Access to credit in Nigeria has been low for a while, with the Central Bank of Nigeria affirming that only 5.3% of the adult population have access to finance.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    The Regulatory Framework And Guidelines For Mobile Money Services In Nigeria

    The Central Bank of Nigeria, on 9, July 2021, issued The Regulatory Framework and Guidelines for Mobile Money Services in Nigeria which is essentially a more robust framework in comparison to the Guidelines on Mobile Money Services in Nigeria.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Tech Regulatory Update: Regulation Of Insurance Web Aggregators In Nigeria

    On February 1, 2022, the primary regulator of insurers in Nigeria, the National Insurance Commission issued the Insurance Web Aggregators Operational Guidelines, 2022.
    NigeriaInsurance
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    Pavestones
  • Article

    Nigeria Trade Regulatory Update: National Single Window Platform Launch And Import Restrictions

    Nigeria's trade regulatory landscape has recently seen developments aimed at improving trade administration and strengthening import controls.
    NigeriaInternational Law
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    Pavestones
  • Article

    Regulation Of Online Platforms In Nigeria: Draft Code Of Practice For Interactive Computer Service Platforms/Internet Intermediaries

    The Draft Code aims to safeguard the security and interest of Nigerians and non-Nigerians with to respect activities conducted on online platforms.
    NigeriaMedia, Telecoms, IT, Entertainment
    Pavestones
    Pavestones
  • Article

    The New Capital Gains Tax In Nigeria: Key Considerations For Foreign Investors

    Globally, jurisdictions such as Mauritius, Singapore, and the United Arab Emirates have built reputations as investor friendly hubs by maintaining transparent, predictable, and business-friendly tax systems.
    NigeriaTax
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    Pavestones
  • Article

    Artificial Intelligence In Nigeria: Legal And Regulatory Guidance

    In recent times, Nigeria has distinguished itself in the area of technology through skilled tech talent and homegrown innovative tech products and services.
    NigeriaTechnology
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    Pavestones
  • Article

    Impact Of The Investment & Securities Act (2025) On Ownership And Use Of Virtual Assets In Nigeria

    The Investment and Securities Act (ISA) 2025 was enacted on March 31, 2025 by President Bola Ahmed Tinubu to replace the previous ISA, updating the law with provisions impacting emerging trends...
    NigeriaTechnology
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