The Nigerian e-commerce sector continues to evolve and experience rapid growth and changes. Businesses operating in this sector, however, experience a number of challenges...

On 1st May 2025, the Federal Government of Nigeria, through the Ministry of Interior and the Nigeria Immigration Service (NIS), launched sweeping reforms to the country's expatriate administration and visa regime.

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

In spite of the rapid growth in the financial sector in Nigeria with various Fintechs providing more accessible and efficient services, the credit system in Nigeria is still very under-developed.

In 2021, the National Information Development Technology Agency ("NITDA") issued a fine of 10 Million Naira against Soko Lending Company (a digital lending company) after receiving over 40 petitions...

On June 14, 2023, the Central Bank of Nigeria ("CBN") issued a press release ("Press Release") to authorized dealers and the general public, concerning changes to be implemented in the operation..

Commercial Papers ("CPs") have become a necessity for corporations in Nigeria when they experience scarcity of affordable working capital.

On the 5th of December 2023, the Corporate Affairs Commission ("CAC") of Nigeria announced an increase in the minimum paid-up capital requirement for companies with foreign participation...

In a bid to strengthen corporate governance practices in the banking industry, the Central Bank of Nigeria (‘'CBN"), on the 24th of February 2023, released a circular titled "Review of Tenure of Executive Management and...

To ensure companies operate efficiently in all sectors of the economy including the Tech and the Finance sectors, the employer-employee relationship must be properly managed.

On October 11, 2021, the Central Bank of Nigeria (CBN), issued the Guidelines on the Operations of Pan African Payments and Settlement System ("PAPSS") in Nigeria (the "Guidelines").

In response to global trends and the increasing need for the regulation of Virtual Assets Service Providers (VASPs), including cryptocurrencies and crypto assets, the Central Bank of Nigeria...

On October 12, 2022, the Central Bank of Nigeria ("CBN") released a draft of the Guidelines for the Regulation of Representative Offices of Foreign Banks in Nigeria ("Draft Guidelines").

In our previous newsletters, we explored the fundamentals of protecting your intellectual property (IP) rights, such as identifying protectable assets to navigating registration procedures and period of validity.

The Nigeria Data Protection Commission (“NDPC”) has announced an extension of the deadline for the filing of the 2025 Data Protection Compliance Audit Returns (“CAR”) from March 31 to May 30, 2026.

Across the world, Contactless Payments ("CPs") have gained significant traction and widespread adoption in recent years. These payments enable financial transactions which allow a customer to...

The Nigerian Finance Bill (the "Bill") which is to take effect in January 2023 is currently undergoing the legislative review and approval process at the house of representatives.

The Nigerian Startup Act 2022 (NSA) is a significant piece of legislation, designed to foster innovation, attract investment, and create a favourable business climate for tech-enabled startups in Nigeria. It aims to position Nigeria as a leading hub for digital entrepreneurship in Africa by removing regulatory barriers and offering targeted incentives.

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...