Lack of financing is a major constraint which businesses experience at the startup phase. Seed capital is required for startups to fund their operations and scale, thereby returning profits to founders

Regulators of financial service sectors all over the world grapple with the overwhelming effect of disruptive technologies which have left policymakers and academics alike scratching their heads...

In recent times, Startups have increasingly offered stocks as a valuable way of remunerating and motivating their employees to work towards achieving long-term corporate goals.

Nigeria has in recent times, struggled with sustaining the liquidity in the foreign exchange market and stabilizing the value of the Naira. The Central Bank of Nigeria (CBN), the apex regulator of financial institutions ..

With the growing demand for faster and more convenient financial services, there are more people looking to solve this problem by setting up a digital bank. We have had startups...

On July 5, 2022, the Central Bank of Nigeria ("CBN") issued an exposure draft of its Digital Financial Services Awareness Guidelines ("Draft Guidelines"). The Draft Guidelines...

The Central Bank of Nigeria (CBN) on January 31, 2024, issued a circular for the harmonization of reporting requirements on foreign currency exposures of banks...

The Central Bank of Nigeria ("CBN") in 2022 issued the CBN (Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing of Weapons of Mass Destruction...

In February 2024, the African Continental Free Trade Area (AfCFTA) Protocol on Digital Trade (the "Protocol") was adopted. The Protocol seeks to govern the cross-border exchange of goods, services and other tradeable...

The Nigerian Communications Commission has published Draft Business Rules establishing a comprehensive regulatory framework for Mobile Virtual Network Operators (MVNOs), introducing structured onboarding processes, commercial agreement requirements, and dispute resolution mechanisms.

A survey conducted by Finder.com in 2021 revealed that Nigeria ranked 6th amongst 20 countries in the world that have adopted Non-Fungible Tokens ("NFTs").

On June 29, 2022, the Central Bank of Nigeria ("CBN") issued the Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions (the "Framework").

The Central Bank of Nigeria (CBN) on 31 January 2024 released its revised guidelines for international money transfer services in Nigeria. The revised guidelines (the "New Guidelines")...

The Central Bank of Nigeria has issued new guidance establishing procedures for Bureau De Change operators to purchase foreign exchange through authorized dealer banks in the Nigerian Foreign Exchange Market. What obligations must BDC operators and dealer banks fulfill to ensure compliance, and what penalties await those who fail to meet these regulatory requirements?

In the dynamic landscape of intellectual property (IP) law, licensing plays a pivotal role in enabling businesses to leverage their creations for commercial gain.

The rapid growth of finance and technology (fintech) companies in the last decade has been necessitated by consumers' needs for faster and more convenient financial services.

The National Digital Economy and E-Governance Bill, 2024, (the "Bill") represents a strategic move in Nigeria's digital transformation journey.

The Central Bank of Nigeria has reversed its 2024 foreign exchange restrictions on International Oil Companies, allowing immediate repatriation of 100% of export proceeds. This policy shift eliminates the previous 90-day retention requirement and 50/50 rule, fundamentally changing how IOCs manage their treasury operations and export earnings in Nigeria's oil and gas sector.

With the increasing need to ensure financial security in today’s rapidly digitizing landscape and evolving compliance demands, the Central Bank of Nigeria (CBN)...

On July 8th, 2025, the Nigerian Communications Commission (NCC) published a regulatory framework for licensing international Application to Person (A2P) messaging services in Nigeria.