Olaniwun Ajayi LP

January 8, 2024

OALP Finance and Capital Markets Wrap-up 2023 and 2024 Outlook

The banking and capital markets segments of the financial services sector witnessed significant changes in 2023 with a number of participants in both segments adopting new strategies to remain afloat...

June 30, 2023

CBN (Customer Due Diligence) Regulations 2023: Overview and Potential Implications

On 20 June 2023, the Central Bank of Nigeria (CBN) issued the CBN (Customer Due Diligence) Regulation 2023 (the CDD Regulations). This regulatory initiative is aimed at assisting financial institutions...

June 19, 2023

Foreign Exchange Rate Convergence in Nigeria

Following an announcement by President Bola Ahmed Tinubu on his administration’s plan to unify the different foreign exchange market rates, the Central Bank of Nigeria (CBN), in its Press Release...

April 14, 2023

Unlocking Access to the Nigerian Capital Market for Technology Companies: The NGX Technology Board Listing Rules in Perspective

The Nigerian technology sector has grown significantly in recent years, contributing over 20.32% to the country’s GDP in Q3 of 2022. Despite this growth, technology companies have mostly relied on...

March 8, 2023

Banking and Capital Market 2022 Wrap-Up / 2023 Outlook

The financial services sector (with the banking and capital market segments being the larger slice) of the Nigerian economy, which is a key contributor to the Gross Domestic Product (GDP),...

October 27, 2022

Newsletter on the Securities and Exchange Commission (Capital Market Operators AML/CFT) Regulations 2022

In exercise of its powers to protect the integrity of the securities market against all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed,...

June 25, 2021

THE SECURITY AND EXCHANGE COMMISSION’S REGULATORY INCUBATOR PROGRAM

The Securities and Exchange Commission’s regulation of technological innovations in Nigeria’s capital market has become increasingly challenging due to the influx of innovative products into the sector and these products’...

June 23, 2021

SEC RULES CREATE A NEW LICENSE CATEGORY FOR DIGITAL SUB-BROKERS

The Securities and Exchange Commission (SEC) recently created a new category of operators in the capital market by creating a new licence category for Digital Sub-Brokers. This move is in...

December 9, 2020

BOFIA-GB

The Banks and other Financial Institutions Act 2020 – Spotlight on Notable Provisions

On 13 November 2020, the President of the Federal Republic of Nigeria assented to the Bill to repeal the almost three-decade old Banks and Other Financial Institutions Act of 1991...

October 9, 2020

Netting Provisions

An Appraisal of Netting Provisions Under the Companies and Allied Matters ACT 2020

The new Companies and Allied Maters Act, 2020 (the Act or CAMA 2020), made significant amendments and introductions to the Nigerian companies’ laws, one of which is the provision for statutory enforcement...

January 8, 2024

OALP Finance and Capital Markets Wrap-up 2023 and 2024 Outlook

The banking and capital markets segments of the financial services sector witnessed significant changes in 2023 with a number of participants in both segments adopting new strategies to remain afloat...

June 30, 2023

CBN (Customer Due Diligence) Regulations 2023: Overview and Potential Implications

On 20 June 2023, the Central Bank of Nigeria (CBN) issued the CBN (Customer Due Diligence) Regulation 2023 (the CDD Regulations). This regulatory initiative is aimed at assisting financial institutions...

June 19, 2023

Foreign Exchange Rate Convergence in Nigeria

Following an announcement by President Bola Ahmed Tinubu on his administration’s plan to unify the different foreign exchange market rates, the Central Bank of Nigeria (CBN), in its Press Release...

April 14, 2023

Unlocking Access to the Nigerian Capital Market for Technology Companies: The NGX Technology Board Listing Rules in Perspective

The Nigerian technology sector has grown significantly in recent years, contributing over 20.32% to the country’s GDP in Q3 of 2022. Despite this growth, technology companies have mostly relied on...

March 8, 2023

Banking and Capital Market 2022 Wrap-Up / 2023 Outlook

The financial services sector (with the banking and capital market segments being the larger slice) of the Nigerian economy, which is a key contributor to the Gross Domestic Product (GDP),...

October 27, 2022

Newsletter on the Securities and Exchange Commission (Capital Market Operators AML/CFT) Regulations 2022

In exercise of its powers to protect the integrity of the securities market against all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed,...

June 25, 2021

THE SECURITY AND EXCHANGE COMMISSION’S REGULATORY INCUBATOR PROGRAM

The Securities and Exchange Commission’s regulation of technological innovations in Nigeria’s capital market has become increasingly challenging due to the influx of innovative products into the sector and these products’...

June 23, 2021

SEC RULES CREATE A NEW LICENSE CATEGORY FOR DIGITAL SUB-BROKERS

The Securities and Exchange Commission (SEC) recently created a new category of operators in the capital market by creating a new licence category for Digital Sub-Brokers. This move is in...

December 9, 2020

BOFIA-GB

The Banks and other Financial Institutions Act 2020 – Spotlight on Notable Provisions

On 13 November 2020, the President of the Federal Republic of Nigeria assented to the Bill to repeal the almost three-decade old Banks and Other Financial Institutions Act of 1991...

October 9, 2020

Netting Provisions

An Appraisal of Netting Provisions Under the Companies and Allied Matters ACT 2020

The new Companies and Allied Maters Act, 2020 (the Act or CAMA 2020), made significant amendments and introductions to the Nigerian companies’ laws, one of which is the provision for statutory enforcement...