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Goldsmiths Solicitors

Better Late than Never: Nigeria Finally Passes the Data Protection Act

On 12 June 2023, the Nigeria Data Protection Act, 2023 (“the Act”) was signed into law by President Bola Ahmed Tinubu. The Act provides a legal framework for the protection of personal information, processing and transfer of personal information and regulatory obligations..

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Goldsmiths Solicitors

Trademarks in Nigeria: Registration, Infringement and Enforcement

A Trademark is a unique sign or mark that distinguishes the goods and services of one business from another. A mark can either be a device, brand, heading, label, ticket, name, signature, word, letter, numeral, or any combination thereof. Most businesses, companies or org..

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Goldsmiths Solicitors

An Overview of CBN’s Operational Guidelines for Open Banking in Nigeria

By a Circular dated 7th March 2023, the Central Bank of Nigeria (CBN) released the “Operational Guidelines for Open Banking in Nigeria” (‘the Guidelines’). The Guidelines set out rules for sharing the data/information of customers between part..

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Goldsmiths Solicitors

Legal Recap for the Year 2021

2021 was an incredibly busy and exciting year in the Nigerian legal and regulatory landscape. There were major and far-reaching changes in the legal and regulatory frameworks relating to Oil and Gas, FinTech, Banking and Finance, etc. There were also some very brave and l..

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Goldsmiths Solicitors

Host Communities and Funds under the Petroleum Industry Act 2021

Goldsmiths Solicitors PIA Series IV Introduction


In this concluding part of our series examining the Petroleum Industry Act (PIA) 2021, we tak..

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Goldsmiths Solicitors

The Tax and Fiscal Regime under the Petroleum Industry Act 2021

In our third series examining the main provisions of the newly enacted Petroleum Industry Act (PIA), we consider some of the tax and fiscal provisions under the Act.

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Goldsmiths Solicitors

How a Foreigner can Register a Local Company in Nigeria

Nigeria operates a free-market economy and there are no restrictions on foreigners setting up companies in Nigeria. Subject to the laws of Nigeria, a foreign individual or entity can set up a fully owned company in Nigeria and operate, emplo..

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Goldsmiths Solicitors

The New Central Bank of Nigeria Regulatory Framework and Guidelines for Mobile Money Services in Nigeria

On 9th July 2021, the Central Bank of Nigeria (CBN) released a single-document circular, setting out the framework and guidelines for the operations of Mobile Money Services in Nigeria (the Guidelines and Framework). The Guidelines and F..

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