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...
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...
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...
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...
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),...
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,...
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’...
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...
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...
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...
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...
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...
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...
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...
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),...
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,...
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’...
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...
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...
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...