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Duale, Ovia & Alex-Adedipe

Highlights of the New Regulatory and Supervisory Guidelines for Bureaux De Change Operations in Nigeria

As a response to the depreciation of the Nigerian Naira and adverse effects on inflation and economic stability, the Central Bank of Nigeria initiated significant measures in the second half of 2023 to stabilize and strengthen the Naira against major foreign currencies. T..

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Duale, Ovia & Alex-Adedipe

A Guide on the Registration of Data Controllers and Data Processors of Major Importance with the Nigeria Data Protection Commission

This guide highlights key aspects of the Nigeria Data Protection Commission's (NDPC) Guidance Notice, the categorization of data controllers and processors, and critical deadlines and compliance requirements.

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Duale, Ovia & Alex-Adedipe

Understanding Robo Advisory Services in Nigeria

Robo advisory services have been gaining traction over time in Nigeria with the operation of early version Robo Advisors such as PiggyVest. The growth has been attributed to Nigeria’s growing middle class and increasing smartphone penetration. According to statistics, the..

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Duale, Ovia & Alex-Adedipe

Disconnection of Telecommunications Network in Nigeria: balancing the interest of the service provider and consumers

On Monday 8th of January 2024, the Nigerian Communications Commission (the "Commission"} released a memo signed by its director of Public Affairs, Mr. Reuben Mouka, titled "Pre Disconnection Notice'' 1 The notice informs all subscribers of Globacom that the Commission has..

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Duale, Ovia & Alex-Adedipe

CBN’s Guidelines on the Operation of Bank Accounts for Virtual Assets Service Providers in Nigeria

Amidst the festive cheer, the Central Bank of Nigeria unwrapped a special present. A game-changing Guidelines on the operation of Bank Accounts for ‘Virtual Assets Service Providers’.

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