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  • Video

    Webinar: Nigerian And United States Regulatory Requirement For FinTechs

    This webinar aims to guide the audience on the Nigerian and United States regulatory terrain for FinTechs from a compliance and funding perspective.
    WorldwideCorporate/Commercial Law
    Pavestones Legal
    Pavestones Legal
  • Article

    Regulation Of Collective Investment Schemes (CIS) In Nigeria

    Recent reports by the Securities and Exchange Commission show that there has been an increase in the total net asset value of CIS in Nigeria, from N782.64 billion in May 2019, to N1.322 trillion in May 2020.
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Regulatory Update: Central Bank Of Nigeria's Operational Mechanism For Bureau De Change Operations In Nigeria- A Note To BDCs

    The evolving landscape of the Nigerian foreign exchange market has prompted the Central Bank of Nigeria ("CBN") to take decisive steps to bolster its efficiency.
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Regulation Of Cryptocurrencies And Other Digital Assets In Nigeria

    Through Blockchain, digital assets were introduced to the world in 2009 with no central controlling authority. Very quickly, cryptocurrency transactions became popular in various parts ...
    NigeriaTechnology
    Pavestones Legal
    Pavestones Legal
  • Article

    Requirements For Importing Pharmaceutical Products Into Nigeria

    According to the UN International Trade Statistics Database, importation of products by Nigerians increased from N132.6 million to N159 million between May to June,2020.
    NigeriaFood, Drugs, Healthcare, Life Sciences
    Pavestones Legal
    Pavestones Legal
  • Article

    Doing Business In Nigeria- Impact Of The Companies And Allied Matters Act 2020 On Registration Of Business In Nigeria -Part 2

    When President Muhammadu Buhari signed the Companies and Allied Matters Act 2020("the Act") into law on the 7th of August 2020, the business community ...
    NigeriaCorporate/Commercial Law
    Pavestones Legal
    Pavestones Legal
  • Article

    Procedure For Registration Of A Limited Liability Partnership In Nigeria

    In our article on the Companies and Allied Matters Act (CAMA) 2020 (the "Act"), we had highlighted some of the key developments introduced by the Act.
    NigeriaCorporate/Commercial Law
    Pavestones Legal
    Pavestones Legal
  • Article

    Taxation Of Crytpocurrency Under The 2022 Finance Bill

    In our previous article, we highlighted some of the proposed amendments/reforms to the various tax laws in operation in Nigeria under the 2022 Finance Bill (the "Bill"). Some of the highlights...
    NigeriaTax
    Pavestones Legal
    Pavestones Legal
  • Article

    Keeping Up With Foreign Exchange Regulations: New Cbn Measures For International Money Transfer Operators (IMTOs)

    In an effort to improve foreign exchange liquidity in the country, the Central Bank of Nigeria (CBN), as the primary regulator of the Nigerian banking industry...
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Regulatory Update: CBN Revised Guidelines For Nigeria's Foreign Exchange Market

    In the bid to establish a more transparent and efficient framework for managing foreign exchange (FX) in Nigeria, the Central Bank of Nigeria (CBN) recently introduced revised guidelines...
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Nigeria's Creative Industry: Monetizing Intellectual Property Rights And The Creative Economy Development Fund (CEDF)

    On October 24, 2024, the Federal Executive Council (FEC) approved a transformative initiative for Nigeria's creative sector.
    NigeriaIntellectual Property
    Pavestones Legal
    Pavestones Legal
  • Article

    AfCFTA And Trade Benefits To Nigeria

    The Federal Executive Council ratified Nigeria's membership of the African Continental Free Trade Area (AfCFTA) on the 11th of November 2020.
    NigeriaInternational Law
    Pavestones Legal
    Pavestones Legal
  • Article

    Review Of The Nigeria Broadcasting Code – The 2020 Amendment

    The National Broadcasting Commission ("NBC"), the apex regulator of broadcasting in Nigeria, is authorized by its enabling Act (the National Broadcast Commission Act 1992) ...
    NigeriaMedia, Telecoms, IT, Entertainment
    Pavestones Legal
    Pavestones Legal
  • Article

    Future Of Fintech And Digital Payments In Nigeria: CBN Manadates The Adoption Of ISO 20022 Messaging Standards And Geo-Tagging Of Point-Of- Sale Terminals

    In a circular dated August 25,2025, the Central Bank of Nigeria (CBN) issued a directive mandating the geo-tagging of all Point-of-Sale (PoS) Terminals in Nigeria and that electronic payment messaging...
    NigeriaTechnology
    Pavestones Legal
    Pavestones Legal
  • Article

    Safeguarding Nigeria's Critical National Information Infrastructure; Review Of A New Order

    The Federal Government of Nigeria has taken a significant step towards protecting the nation's information security framework with the enactment of the Designation and Protection...
    NigeriaTechnology
    Pavestones Legal
    Pavestones Legal
  • Article

    Estate Planning Other Than Wills

    As we grow our assets and wealth either as entrepreneurs, employees or investors, in the tech, banking, manufacturing, energy, agricultural...
    NigeriaFamily and Matrimonial
    Pavestones Legal
    Pavestones Legal
  • Article

    New Central Bank Of Nigeria Guidelines For Open Banking In Nigeria: First In Africa

    On the 7th day of March 2023, the Central Bank of Nigeria ("CBN") set a record in Africa, by releasing the Operational Guidelines for Open Banking in Nigeria ("Guidelines"), thereby making...
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Operating a Crypto Trading Company in Nigeria: Regulatory Requirements

    The Nigeria Securities and Exchange Commission ("SEC") by a press release issued on August 29 2024, announced that it has granted two Digital Asset Exchanges its "Approval and Principle"...
    NigeriaTechnology
    Pavestones Legal
    Pavestones Legal
  • Article

    New CBN Measures On Diaspora Remittances: What They Mean For Market Participants

    On March 24, 2026, the Central Bank of Nigeria (CBN) issued a circular on Measures to Further Deepen Diaspora Remittances and Compliance (the “Circular”).
    NigeriaFinance and Banking
    Pavestones Legal
    Pavestones Legal
  • Article

    Fintech Regulation In Nigeria: CBN Directives On Payment Terminal Services

    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...
    NigeriaTechnology
    Pavestones Legal
    Pavestones Legal

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