311 results found

The Central Bank of Nigeria (CBN) on Monday, October 6 2025, issued new operational guidelines for Agent Banking in Nigeria. The purpose of the Guidelines is to strengthen and secure the enabling environment for providing...

Non-interest banking is gaining traction in Nigeria as an alternative to conventional banking. This model operates on the principles of ethical finance, risk-sharing, and asset-backed transactions.

In furtherance of its regulatory powers, the National Insurance Commission (the "Commission") in its circular dated July 30, 2025 issued the Guidelines for Insurtech Operations in Nigeria 2025 (the "Guidelines").

Businesses continuously seek to balance profit-making with ethical standards. One effective approach to achieving this is by integrating sustainable and responsible practices into their operations.

Nigeria's Securities and Exchange Commission has proposed comprehensive rules for online Forex trading and Contracts for Difference (CFDs), establishing a regulatory framework that extends beyond brokers to encompass technology and platform providers. The proposed regulations introduce stringent capital requirements, operational standards, and compliance obligations for businesses providing trading infrastructure, raising critical questions about registration, data localization

In recent times, there have been increasing requests from financial institutions to either upgrade their existing licence or convert to other licensing regimes, such as the recent upgrade...

Nigeria's insurance regulator has introduced a comprehensive framework requiring foreign health insurers to obtain approval and partner with local entities before serving Nigerian clients. What compliance obligations must multinational corporations and international insurers now satisfy to continue operating in this market?

The current regulatory regime for Value Added Tax (VAT) in Nigeria is made up of a number of laws and regulations including the VAT Act of 1993 (as amended in 1996, 1999 and 2007)...

The CBN in its March 28, 2024 circular announced an upward review of the minimum capital requirements for banks in Nigeria, mandating banks to raise their minimum paid-up capital by March 31, 2026 as follows...

In recent years, the Nigerian financial technology (FinTech) ecosystem has witnessed an unprecedented surge in groundbreaking technologies, disrupting traditional financial services...

The Nigeria Data Protection Act 2023 (NDPA) is the primary legislation that governs the privacy and protection of Personal Data of natural persons in Nigeria

In February 2022, the Lagos State Government signed the Lagos State Real Estate Regulatory Law 2021 (the "Law") into law. The Law is aimed at regulating and ensuring consumer protection in real estate transactions.

Blockchain, which is mostly associated with cryptocurrencies and the like, had remained largely unregulated in Nigeria until September 2020, when the Securities and Exchange Commission...

Mergers and Acquisitions (M&A) play a crucial and strategic role in enabling companies to drive growth, foster innovation, and sustain a competitive edge. In Nigeria, a growing number of businesses are restructuring...

In January 2026, the Nigerian Securities and Exchange Commission (the "Commission") issued a circular that significantly increased the minimum capital requirements for Capital Market Operators (CMOs).

The recently introduced Nigerian Startup Bill ("Bill") is one development that is expected to improve the business environment for Startups in Nigeria when passed into law.

The Central Bank of Nigeria (the "CBN") recently issued its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the fiscal years 2024 and 2025 (the "Policy Guidelines") which outline the CBN's...