TECH Digest for June

Olaniwun Ajayi’s Technology, Innovation, and Fintech Team presents its Technology News Highlights (Highlights) for the month of June. The Highlights contain a summary of major local and international developments in the Technology...

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all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed, repealed, and...

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...

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...

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...

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...

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...

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...

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,...

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 made in...