Olaniwun Ajayi LP

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

Our Tax Newsletter for the third quarter of 2025 reviews a busy period. Nigeria’s tax landscape kept moving, and both the courts and the revenue authority shaped that movement. Two...

September 16, 2025

Sukuk in Nigeria – Lessons from Global Islamic Finance Markets

With the growing demand for ethical and Shariah-compliant financial instruments as alternatives to conventional finance, Sukuk has emerged as a critical tool for raising capital in line with Islamic legal...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction The Securities and Exchange Commission (SEC or the Commission) has acted on what it calls “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

June 16, 2025

Highlights of the Exposure on the Baseline Standards on Automated Anti Money Laundering (AML) Solutions

HIGHLIGHTS OF THE EXPOSURE DRAFT ON BASELINE STANDARDS FOR AUTOMATED ANTI-MONEY LAUNDERING (AML) SOLUTIONS

On 20 May 2025, the Central Bank of Nigeria (CBN) released the Exposure Draft on Baseline Standards for Automated Anti-Money Laundering, Combating the Financing of Terrorism, and Countering the Proliferation...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...

May 23, 2024

A Review of the New Minimum Capital Requirements for Nigerian Banks

A Review of the New Minimum Capital Requirements for Commercial Banks, Merchant and Non-Interest Banks in Nigeria

On 28 March 2024, the Central Bank of Nigeria (CBN) issued a new policy to strengthen the banking system and support economic growth. The Circular raises the bank minimum capital...

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...

August 14, 2023

OALP TAX PRACTICE QUARTERLY NEWSLETTER 2nd Quarter 2023

The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...

July 21, 2023

OVERVIEW OF THE CBN’s GUIDELINES FOR CONTACTLESS PAYMENTS IN NIGERIA 2023

The Central Bank of Nigeria (CBN) has always strived to ensure that the Nigerian electronic payment system keeps up with global advancements in technology. In recognition of the technological advances...

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

Our Tax Newsletter for the third quarter of 2025 reviews a busy period. Nigeria’s tax landscape kept moving, and both the courts and the revenue authority shaped that movement. Two...

September 16, 2025

Sukuk in Nigeria – Lessons from Global Islamic Finance Markets

With the growing demand for ethical and Shariah-compliant financial instruments as alternatives to conventional finance, Sukuk has emerged as a critical tool for raising capital in line with Islamic legal...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction The Securities and Exchange Commission (SEC or the Commission) has acted on what it calls “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

June 16, 2025

Highlights of the Exposure on the Baseline Standards on Automated Anti Money Laundering (AML) Solutions

HIGHLIGHTS OF THE EXPOSURE DRAFT ON BASELINE STANDARDS FOR AUTOMATED ANTI-MONEY LAUNDERING (AML) SOLUTIONS

On 20 May 2025, the Central Bank of Nigeria (CBN) released the Exposure Draft on Baseline Standards for Automated Anti-Money Laundering, Combating the Financing of Terrorism, and Countering the Proliferation...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...

May 23, 2024

A Review of the New Minimum Capital Requirements for Nigerian Banks

A Review of the New Minimum Capital Requirements for Commercial Banks, Merchant and Non-Interest Banks in Nigeria

On 28 March 2024, the Central Bank of Nigeria (CBN) issued a new policy to strengthen the banking system and support economic growth. The Circular raises the bank minimum capital...

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...

August 14, 2023

OALP TAX PRACTICE QUARTERLY NEWSLETTER 2nd Quarter 2023

The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...

July 21, 2023

OVERVIEW OF THE CBN’s GUIDELINES FOR CONTACTLESS PAYMENTS IN NIGERIA 2023

The Central Bank of Nigeria (CBN) has always strived to ensure that the Nigerian electronic payment system keeps up with global advancements in technology. In recognition of the technological advances...