Further to the issuance of the License Framework for the Establishment of Mobile Virtual Network Operators (MVNOs) (the "Framework") in Nigeria by the Nigerian Communications...

In the dynamic Startup scene in Nigeria, attaining success depends not only on innovation and market traction but also on effectively navigating the intricate realm of legal requirements.

The recent State visit by President Bola Ahmed Tinubu to the United Kingdom on March 18, 2026 marks a significant moment in the evolution of Nigeria–UK relations, being the first such visit in nearly four decades.

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?

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.

Commencing a business in Nigeria can be a promising venture, given the country's large population, growing economy, and various business opportunities.

In a global economy marred by financial crimes, money laundering, and terrorist financing activities, regulatory frameworks to curb illicit activities have become paramount.

On August 3, 2022, the Securities and Exchange Commission ("SEC") issued a circular to the general public, cautioning them against making investments with or through crowdfunding...

Financing is a key tool for the sustainability and growth of any Small and Medium-sized Enterprises (SMEs) and accessing the right kind of financing tailored to the SME's needs is of vital importance.

As public companies proceed with mergers and acquisitions, they must generally ensure that their transactions strictly comply with the Act.

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.

In January 2021, the Central Bank of Nigeria ("CBN") issued the Framework for Regulatory Sandbox Operations (the "Framework"), which provides for the establishment of a regulatory sandbox in Nigeria and the rules guiding its operations.

The Central Bank of Nigeria ("CBN") on 15th March, 2022, released an exposure draft on the Guidelines for Bank Neutral Cash Hubs Operations in Nigeria

In light of ongoing challenges in the Nigerian foreign exchange market, including recent distortions driven by speculators and illicit traders, the need for a robust regulatory...

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.

The requirement to leverage on third party service providers for the dissemination of products and services has remained in constant demand for businesses.

On September 14, 2020, the Securities and Exchange Commission ("SEC") released a statement announcing its authority to regulate cryptocurrencies and digital assets in Nigeria, as detailed in our article...

In today's world, the commonly used phrase "the world is your oyster" can now be taken literally by businesses. With the use of technology and data analytics, companies can now reach ...

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...