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...
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...
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 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...
The Central Bank of Nigeria’s Proposed Policy Responses to the COVID-19 Pandemic
Like all major experiences that happen with life, lessons are learnt, approaches are changed, behaviours are shaped and plans are made. The outbreak of the COVID-19 pandemic ("COVID-19" or "The Pandemic") is...
COVID-19: Impact on the Banking and Financial Services Sector
If polls were held for nominations for the title of 'Most Talked About Person of the Year', COVID-19 will be the undisputed winner of the title, as it is already the most-talked-about...