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...
2022 Entertainment Wrap-Up and 2023 Forward Look
In 2022, the Nigerian entertainment industry experienced massive growth. In the film subset of the industry, Amazon Prime Video made its debut in the Nigerian video-on-demand market. The year equally saw various...
OALP 2022 Government Business Wrap Up Report
Last year was an active one in Nigerian governance. Being the eve of an election year, there was an increased pace to ensure that legislative business was concluded, in time for the...
Federal High Court Rules on EFCC’s Powers to Investigate Taxes of Companies
As the Nigerian government continues its revenue drive, questions on the exercise of fiscal powers continue to arise. In Wheatbaker Investments and Properties Limited v. Economic and Financial Crimes Commission (EFCC) &...
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...
OALP Sectoral Highlights
2022 witnessed significant opportunities, as well as its fair share of challenges – the effects of which are still being felt, in 2023. In this report, we provide an overview of the...
OALP Dispute Resolution Practice Quarterly Newsletter4th Quarter 2022
The dispute resolution space during the final quarter of the year 2022 was filled with notable novel decisions and developments in the legal industry. As we see it, these developments have wide-ranging...
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...