BY SEUN TIMI-KOLEOLU AND ENIOLA SOGBESAN Introduction The year 2025 marked a pivotal period in Nigeria’s regulatory and business landscape, with notable reforms introduced across the insurance, capital markets, and tax sectors. Given that the Nigeria Tax Act 2025 (the “Act”) became effective from January 1, 2026, it is important that businesses and individuals are […]
BY ADERONKE ALEX-ADEDIPE AND HILLARY OKOROTIE Introduction The Nigerian Communications Commission (NCC) recently published a draft Internet Code of Practice (the “Code”), aimed at promoting a safer and more responsible internet environment for consumers. The importance of the internet in the modern business environment cannot be overstated. Commercial transactions are increasingly conducted online, and digital […]
BY SEUN TIMI-KOLEOLU AND OMODELE FATODU Introduction The Central Bank of Nigeria (“CBN”) has recently issued two regulatory communications: (i) the Revised Cash-Related Policies, effective 1 January 2026; and (ii) the Draft Guidelines for Handling Authorised Push Payment (“APP”) Fraud. Both documents introduce new operational requirements for financial institutions and provide guidance for customers, lenders, […]
BY ADERONKE ALEX-ADEDIPE AND ENIOLA SOGBESAN Introduction Corporate finance is a fundamental aspect of commercial transactions and plays a critical role in the fulfillment of contractual obligations. However, where a company becomes insolvent and is unable to fulfil its contractual obligations, it may collapse and consequently trigger creditor rights. Additionally, the doctrine of corporate personality […]
BY SEUN TIMI-KOLEOLU AND MARK IMONITIE Introduction In furtherance of its regulatory powers, the Federal Competition and Consumer Protection Commission (the “Commission”) on November 18, 2025 issued the Digital, Electronic, Online, or Non-Traditional Consumer Lending Guidelines, 2025 (the “Guidelines”). The Guidelines aim to contextualize, clarify, and enhance the provisions outlined in the Digital, Electronic, Online, […]
THE LEGAL AND REGULATORY FRAMEWORK FOR PRIVATE DEBT FUNDS IN NIGERIA BY ADERONKE ALEX-ADEDIPE AND PROMISE ITAH Introduction Many small- and mid-sized businesses struggle to access traditional bank financing due to strict lending requirements, high collateral demands, and limited credit availability. At the same time, investors seeking stable, predictable returns have few reliable options […]
BY SEUN TIMI-KOLEOLU AND OMODELE FATODU As the 30th United Nations Climate Change Conference (COP30) convenes in Belém, Brazil, it presents an opportunity to examine Nigeria’s legal and policy measures relevant to clean-energy and climate-aligned activities. Key developments include the approval of the National Carbon Market Framework, the establishment of the Climate Change Fund under […]
BY ADERONKE ALEX-ADEDIPE AND HILLARY OKOROTIE Introduction On August 5, 2025, the Nigerian Insurance Industry Reform Act (the “Act”) was signed into law, reforming the regulatory framework for insurance companies and other entities providing services within the insurance industry. For intermediaries such as insurance agents, brokers, loss adjusters and other stakeholders the new Act seeks […]
BY SEUN TIMI-KOLEOLU AND ENIOLA SOGBESAN Introduction Across the world, governments and private sector innovators are accelerating the shift from paper-based and PDF invoices to secure, structured and fully digital invoicing systems. This transformation is a foundational step towards the reduction of carbon footprints in line with ESG goals, the promotion of a greener economy […]
ADERONKE ALEX-ADEDIPE AND MARK IMONITIE Introduction The Central Bank of Nigeria (CBN) on Thursday, October 9 2025, issued draft guidelines for the operation of Automated Teller Machines (ATMs) in Nigeria (“Guidelines”). In its circular to banks, other financial institutions and payment service providers, the CBN stated that the essence of the Guidelines is to review, […]