Unlocking Access to the Nigerian Capital Market for Technology Companies: The NGX Technology Board...
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 private funding,...
Tech News Highlights | March 2023
Olaniwun Ajayi’s Technology Innovation and Fintech Team presents its Tech News Highlights (Highlights) for the month of March. The Highlights contain a summary of major local and international developments in the Technology...
Frequently Asked Questions on Data Protection Audit and Compliance
Under the Nigeria Data Protection Regulation (NDPR), organisations that process the personal data of up to 1000 Nigerian citizens or residents are required to file their data protection audit reports with the...
FINTECH FORWARD LOOK 2023
The sixth edition of our Fintech Forward Look for 2023 outlines key facts and figures that shaped the fintech industry in 2022. It also gives an in-depth analysis of the key developments...
FAQs on the CBN Guidelines on Anti-Money Laundering, Combating the Financing of Terrorism and...
On November 23, 2022, the Central Bank of Nigeria (CBN) issued the Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation of Weapons of Mass Destruction (AML/CFT/CPF) Guidelines for Licensing of...
CBN Issues Draft Guidelines on Contactless Payments in Nigeria
Contactless payment is the system by which devices that have radio-frequency identification or near-field communication are used for making secure payments. The CBN recently issued the Draft Guidelines on Contactless Payment in...
The Nigeria Startup Act 2022: Highlights of its Framework and Notes on its Prospects
On 19 October 2022, the President of the Federal Republic of Nigeria gave his assent to the Nigeria Startup Bill 2021, effectively signing it into law as the Nigeria Startup Act 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all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed, repealed, and...
Newsletter on the CBN Draft Operational Guidelines for Open Banking in Nigeria
In February 2021, the Central Bank of Nigeria (CBN) released the Regulatory Framework for Open Banking in Nigeria (the Open Banking Framework) which establishes principles for data sharing across the banking and...
Newsletter on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital...
In April 2022, the Securities and Exchange Commission (the SEC) released its Proposed Rules on the Registration of Virtual Asset Service Providers and the Proposed Rules on the Issuance, Offering Platforms and...