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  • Article

    Prohibition Of Cryptocurrency Transactions By The Central Bank Of Nigeria

    In this article, we shed light on the directive of the CBN, its effect on cryptocurrency trading in Nigeria, and the Securities and Exchange Commission's (SEC) stance on cryptocurrency in Nigeria.
    NigeriaTechnology
    Pavestones
    Pavestones
  • Article

    Regulation Of Contactless Payments In Nigeria

    In our previous article, we examined the Framework issued by the Central Bank of Nigeria ("CBN") for the regulation of Quick Response Code Payments (a form of contactless payment) in Nigeria.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Data Protection In Nigeria: Lessons From The Meta Vs FCCPC Matter

    Meta Platforms Inc. and Whatsapp LLC. (together referred to as "Meta") have come under the spotlight of the Federal Competition and Consumer Protection (FCCPC).
    NigeriaPrivacy
    Pavestones
    Pavestones
  • Article

    Regulatory Update: The Nigerian Insurance Industry Reform Act 2025 – Navigating Compliance

    On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform Act (NIIRA or the "Act") 2025.
    NigeriaInsurance
    Pavestones
    Pavestones
  • Article

    A Guide To Setting Up The Board Of A Company (Including Startups) In Nigeria

    The Board of Directors (the "Board") of a company play a crucial role in its success or failure; more often than not, successful companies are headed by effective Boards.
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Corporate Governance: The Duties And Responsibilities Of Directors Under Nigerian Law

    Corporate Governance plays a fundamental role in impacting the success and sustainability of any company and at the heart of a company's governance structure is its Directors.
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Doing Business In Nigeria: Exemptions To The Excess Dividend Tax Rule Under The Finance Act, 2019

    Companies Income Tax is a major source of revenue for the Nigerian government.
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Introduction Of Social Bonds In Nigeria: Proposed SEC Rule

    For a nation seeking emancipation from the long-time classification of "Third-World Country", it is important that we not only intensify our focus on infrastructural development...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    Stages In Startup Financing, Legal Considerations

    Availability of funding is critical to the growth and success of startups. As founders are not always capable of providing capital for their business through its life cycle
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    The Rising Importance Of Environmental, Social And Governance (ESG) Principles To The Business Environment

    Following the increased commitments by nations to achieve the objectives of the Paris Agreement and attain net-zero carbon emissions, there has been a corresponding increase...
    NigeriaCorporate/Commercial Law
    Pavestones
    Pavestones
  • Article

    The National Minimum Wage (Amendment) Act 2024: Key Updates And Practical Tips For Employers In Nigeria

    The National Minimum Wage (Amendment) Act 2024 (the "Amendment Act") represents a significant step in ensuring fair labor practices in Nigeria amidst the country's soaring inflation and economic downturn.
    NigeriaEmployment and HR
    Pavestones
    Pavestones
  • Article

    Carbon Credits In Nigeria: Road To Implementation

    On November 8, 2022, the new Africa Carbon Markets Initiative (ACMI) was inaugurated at the United Nations Climate Change global conference held in Sharm, Egypt, with an objective to scale...
    NigeriaEnvironment
    Pavestones
    Pavestones
  • Article

    The Nigeria Carbon Market Framework 2025: An Overview

    In 2025, Nigeria took a significant step in advancing its climate action agenda with the signing of the Nigeria Carbon Market Framework (the "Framework"). Recently on January 14, 2026...
    NigeriaEnvironment
    Pavestones
    Pavestones
  • Article

    An Overview Of The CBN Draft Guidelines On Ring Fencing Of The Operations Of Entities: Compliance Obligations For Financial Institutions

    The Central Bank of Nigeria has issued draft guidelines requiring financial institutions with closely linked entities to maintain operational independence through ring-fencing measures. These proposed regulations introduce comprehensive governance requirements, customer fund protections, and mandate the formation of non-operating holding companies to prevent financial contagion across related entities.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Startup Financing: Fundraising Through Syndicates

    Fundraising is a crucial part of any business, especially for Startups, as access to capital is essential for the growth and continuity of its operations.
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    Requirements For Importing Food And Drinks Into Nigeria

    Incorporate a Company in Nigeria at the CAC or partner with an existing Nigerian entity.
    NigeriaIntellectual Property
    Pavestones
    Pavestones
  • Article

    Foreign Exchange Regulatory Update In Nigeria; Guidelines For The Implementation Of The Non-Oil Export Rebate Scheme

    On February 25, 2022, the Central Bank of Nigeria ("CBN") released the Operating Guidelines for the RT200 Non-Oil Export Proceeds Repatriation Rebate Scheme (the "Scheme").
    NigeriaInternational Law
    Pavestones
    Pavestones
  • Article

    The Regulatory Procedure For Importation Of Goods Into Nigeria

    Importation forms a key part of the Nigerian economy as statistics show that over US$53 billion worth of goods were imported from around the globe into the country in the year 2020.
    NigeriaInternational Law
    Pavestones
    Pavestones
  • Article

    Influencer And Digital Marketing Regulation In Nigeria

    As businesses continue to explore innovative ways to engage their target audience, influencer marketing and digital advertising (ads) have become increasingly popular. This marketing strategy presents significant.
    NigeriaMedia, Telecoms, IT, Entertainment
    Pavestones
    Pavestones
  • Article

    Data Protection: Asserting Control Over Your Digital Footprint

    In today's digital world, we all leave digital footprints online through the activities we conduct over the internet. Over time, these online activities create a record of our online activities.
    NigeriaPrivacy
    Pavestones
    Pavestones

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