Olaniwun Ajayi presents its TECH Digest for August

The following highlights contain a summary of major developments in the technology sector in the month of August including notable capital raises by Nigerian-based tech companies.

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...

TECH Digest for September

Olaniwun Ajayi’s Technology, Innovation, and Fintech Team presents its Tech Digest for the month of September. The Tech Digest contains a summary of major developments in the technology sector, in the month...

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...

TECH Digest for December

Olaniwun Ajayi LP is delighted to present its Technology News Highlights (Highlights) for December 2023. The Highlights provide an overview of major events and developments in the technology sector during the final...

Olaniwun Ajayi presents its Tech Digest for the month of October

Olaniwun Ajayi LP presents its Tech Digest for the month of October. The Highlights contain a summary of major developments in the technology sector in the month of October including notable capital...

GUIDELINES ON SHARED SERVICES ARRANGEMENTS FOR BANKS AND OTHER FINANCIAL INSTITUTIONS IN NIGERIA

The Central Bank of Nigeria (CBN) recently issued the Guidelines on Shared Services which apply to financial institutions (including Fintech companies). Specifically, the Guidelines regulate the shared services arrangements...

The Legal Framework for Software Licensing Part A

Software represents the creative output of developers/programmers, therefore, the ownership of the proprietary rights/interest of the software and the rules protecting such rights have become increasingly important issues for many technology-led businesses.

Newsletter on SEC Proposed Rules for Registration of Virtual Asset Service Providers

In 2020, the Securities and Exchange Commission (SEC) expressed its intention to regulate the virtual assets when it released the “Statement on digital assets and their Classification and Treatment”. However, following the...

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,...