Startups have the potential to play a major role in the growth of developing countries particularly because of their ability to: (i) improve the standard of living in countries through innovation; ...

As part of the Central Bank of Nigeria's (the "CBN") efforts to maintain a transparent transactions settlement system, the CBN issued a Payment Terminal Service Aggregator...

On the 25th May 2021, the Central Bank of Nigeria (CBN) issued a circular to financial institutions notifying them of the release of the Regulatory Framework for Non-Bank Acquiring in Nigeria (the "Framework").

Consumer Protection has long been a significant concern worldwide, with increased focus on ensuring that suppliers of goods and services embrace fair practices to safeguard consumer rights.

The main objective of every business is to make profit. Companies continually explore methods of increasing their bottom line and sometimes, that may mean acquiring companies in the same industry for several operational ...

Generally, the government is primarily responsible for providing basic social amenities, public infrastructure and utilities to its citizenry.

On Friday, March 10, 2023, Silicon Valley Bank (SVB), failed after a bank run, marking the largest bank failure since the 2007-2008 financial crisis. The collapse of SVB, a major player...

Prior to 2019, the Securities and Exchange Commission ("SEC") was the primary body responsible for mergers, acquisitions and take-overs of public and private companies in Nigeria.

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...

Investment entities may take several forms in Nigeria. Investors may set up a Limited Liability Company (LLC) to buy shares or other investment vehicles.

In light of recent economic realities, many companies have found it difficult to repay their debts. In order to manage this situation, companies have considered...

There is a growing connection amongst people around the world, largely due to the use of technology by startups and other tech companies to solve problems across borders.

On April 17, 2026, the Central Bank of Nigeria (CBN) announced the introduction of the Nigerian Overnight Financing Rate (NOFR) in collaboration with the Financial Markets Dealers Association (FMDA).

Financing is an important component of every company's formation and growth. For early-stage companies...

Trademarks are unique marks or a combination of marks used to distinguish the goods or services offered by a business. Trademarks of successful businesses are often subject to infringement by competitors attempting to exploit their good will.

On May 7, 2024, the Securities and Exchange and Commission ("SEC") issued the "Exposure of Proposed New Rules for the Issuance and Allotment of Securities...

In its pursuit of bolstering liquidity and stability within the foreign exchange ("Forex") market, the Central Bank of Nigeria (CBN), on October 12, 2023, released a press statement.

For foreign companies looking to expand and set up operations in Nigeria, it is important that personnel with a good understanding of the companies' strategy are available to support in...

As of June, 2022, there have been a few regulatory developments relevant to the tech space in Nigeria. We have set out below 7 notable developments to guide tech companies doing or intending to do business in Nigeria.

The primary regulator of the telecommunications industry, the Nigerian Communications Commission ("NCC") has published a draft of its proposed Type Approval Regulation, 2022...