Home Blog
CBN Guide

CBN Guidelines on Global Standing Instruction for Individuals

As part of the regulatory strides to reduce the vast non-performing loans (NPLs) in the Nigerian banking system, the Central Bank of Nigeria (CBN) on 13 July 2020, published the Operational Guidelines...
The Pandemic, Patents and Pharmaceuticals

The Pandemic, Patents and Pharmaceuticals

As major pharmaceutical giants race towards finding a vaccine for the COVID-19 pandemic, on the second episode of our Voxtero Podcast, our Intellectual Property team discusses some of the interlocking issues around...
NSE

Nigerian Stock Exchange Proposed Rules for Broker to Fintech Collaborations

The Nigerian Stock Exchange (NSE or the Exchange) recently released its Exposure Draft of the Proposed Rules for Broker to Fintech Collaborations (BFC or Collaboration) (the Proposed Rules). The Proposed Rules seek to regulate any business...
IBEDC

Federal High Court Declares NERC Enforcement Regulation Null and Void

On the 10th of July 2020, the Federal High Court delivered a landmark judgement in the case of Ibadan Electricity Distribution Company Plc (IBEDC) & 7 Ors. v Nigerian Electricity Regulatory Commission (NERC)...
IMTS

Guideline to the provision of International Money Transfer Services in Nigeria – Part B

In Part A of this two-part series on the provision of international money transfer services (IMTS) in Nigeria (access part A here), we considered the regulatory overview of IMTS in Nigeria, by...
NERC Guidelines

NERC’S Guidelines on Distribution Franchising

On 02 July 2020, the Nigerian Electricity Regulatory Commission (NERC or the Commission) issued the Guidelines on Distribution Franchising in the Nigerian Electricity Supply Industry dated 24 June 2020 (the Franchising Guidelines), to primarily establish...
IMTS Guidelines

Guideline to the provision of International Money Transfer Services in Nigeria – Part A

The far-reaching effects of the ongoing COVID-19 pandemic on the global economy have been extensively discussed within the contexts of the technology, business, finance, and energy sectors, as no industry has been...
Quarantine Act

The Quarantine Act V. NCDC Act Debate: Legislative Congruity, Legislative Superfluity, or Implied Repeal?

The advent of COVID-19 in Nigeria brought about the urgent need for governments to put in place measures to curtail the spread of the deadly disease. This led to the adoption by...
NAICOM

NAICOM Issues Circular on Segmentation of Minimum Paid up Share Capital Requirement

Following circulars released in May and December of 2019, introducing new capital requirements for insurance companies in Nigerian and extending the deadline for recapitalization, the National Insurance Commission (NAICOM) on 3 June...
WASRA

WASRA Guidelines on the Issuance of Fixed Income Securities

The Nigerian Securities and Exchange Commission (SEC or the Commission) recently published Guidelines for the Issuance of Fixed Income Securities by Statutory Bodies in West Africa Securities Regulators Association (WASRA) member countries...