By Seun Timi-Koleolu and Eustace Aroh INTRODUCTION 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 customers across borders with products/ services tailored to meet the peculiar needs of customers in various […]
By Aderonke Alex-Adedipe and Feyijuwa Akinyanmi DOWNLOAD PUBLICATION Introduction The Federal Inland Revenue Service (FIRS) as an agency of the Federal Government, has been solely responsible for the administration and management of VAT assessment and collection in Nigeria. The judgment delivered by the Federal High Court, Port- Harcourt Division on 9th August, 2021, in AG […]
By Seun Timi-Koleolu and Eustace Aroh DOWNLOAD PUBLICATION On the 5th day of February 2021, the Central Bank of Nigeria (“CBN”) instructed banks and other financial institutions to refrain from dealing with cryptocurrency (a digital currency) and facilitating payment for cryptocurrency exchanges. With this, various crypto-based companies were frustrated out of the Nigerian market and […]
By Aderonke Alex-Adedipe and Feyijuwa Akinyanmi DOWNLOAD PUBLICATION Introduction Money lending has from time immemorial been a part of the Nigerian economy and was borne as a result of the desire for individuals and businesses to secure access to funding. Currently, companies in Nigeria, interested in carrying on the business of providing credit facilities have […]
DOWNLOAD PUBLICATION By Seun Timi-Koleolu and Eustace Aroh The National Information Technology Development Agency (NITDA) was created under the NITDA Act 2007 (the “Act”) to implement the Nigerian Information Technology Policy and coordinate general Information Technology development in Nigeria. NITDA, however, recently shared a proposed law with stakeholders titled the National Information Technology Development Agency […]
By Aderonke Alex-Adedipe and Feyijuwa Akinyanmi DOWNLOAD PUBLICATION Introduction Over the years, trademarks have gained prominence around the world as one of the most important intangible assets of any business. Trademarks play a crucial role in branding as they provide businesses and their products with a unique identity. Today’s article will discuss the requirements and […]
By Seun Timi-Koleolu and Eustace Aroh DOWNLOAD PUBLICATION Introduction With the rapid growth of technology, Start-ups have continually found ways to improve financial services. This trend has been matched by the growing appetite of consumers globally, for faster and more convenient financial services. The financial sector in Nigeria has witnessed a growth in FinTechs with […]
Aderonke Alex-Adedipe and Feyijuwa Akinyanmi DOWNLOAD PUBLICATION Introduction 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 and financial activities, has continued to put measures in place to ensure the […]
DOWNLOAD PUBLICATION By Seun Timi-Koleolu and Eustace Aroh Introduction As data usage in Nigeria is fast becoming an inevitable part of business practices, the regulatory oversight of the National Information Technology Development Agency (NITDA) in protecting personal information now cuts across most sectors of the economy. More than ever before, it is important that all […]
By Aderonke Alex-Adedipe and Baraebibai L. Ekpebu DOWNLOAD PUBLICATION Introduction The Central Bank of Nigeria (CBN), on 9, July 2021, issued The Regulatory Framework and Guidelines for Mobile Money Services in Nigeria (“The Framework”) which is essentially a more robust framework in comparison to the Guidelines on Mobile Money Services in Nigeria (“The 2015 Guidelines”) […]