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Never miss a beat on Africa's legal and regulatory landscape.

Pavestones

Regulation of cybercrime in Nigeria and the Cybersecurity Levy

On May 6, 2024, the Central Bank of Nigeria published a circular providing “Implementation Guidance on the Collection and Remittance of the National Cybersecurity Levy” introduced by the Cybercrime (Prohibition, Prevention, etc.) Act of 2015 and amended by the Cybercrime ..

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Regulatory update: Guidance Notice on Registering Data Controllers and Processors of Major Importance

On the 14th of February, in accordance with its mandate to ensure the genuine processing of personal data by legitimate persons or organizations, the Nigeria Data Protection Commission issued a guidance notice on Registering Data Controllers and Processors of Major Import..

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Pavestones

Guidance on Filing of Data Protection Compliance Audit Returns in Nigeria

The Nigeria Data Protection Commission (NDPC) recently issued a Guidance Notice (the“Notice”) on the filing of data protection Compliance Audit Returns (CARs) ahead of the next cycle for the filing of CARs in 2024. The Notice provides information and instructions for data..

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Pavestones

Powering Nigeria's Future: Introducing the Electricity Act 2023

The Tanzanian Minister for Finance and Planning, Hon. Mwigulu Lameck Nchemba, delivered the highly anticipated National Budget Speech on 15 June 2023 with the theme ‘Accelerating Economic Recovery, Climate Change Adaptation Mitigation and Enhancing Productive Sector..

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Pavestones

Regulatory update: Nigerian Electricity Regulatory Commission Customer Protection Regulations

Reliable access to electricity is vital for the development and progress of any nation. Nigeria has grappled with a persistent problem of irregular power supply and arbitrary disconnection of electricity services to consumers. This has not only posed hardship for consumer..

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Nigeria's Digital Future: the Blockchain Adoption Strategy

Blockchain, which is mostly associated with cryptocurrencies and the like, had remained largely unregulated in Nigeria until September 2020, when the Securities and Exchange Commission issued a statement on digital assets, to the effect that crypto-offerings and other for..

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Pavestones

Regulation of Digital Money Lenders and Protection of Privacy Rights in Nigeria

Over the past few years, Digital Money Lenders have become increasingly common in Nigeria, as traditional financial institutions have more stringent requirements for providing loans to customers.

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Doing business in Nigeria: the Business Facilitation (Miscellaneous Provisions) Act 2023

As part of the commitments of the Federal Government of Nigeria to continuously create an enabling environment for doing business, on February 13, 2023, the Business Facilitation Bill 2022 (also known as the Omnibus Bill) was signed into law. The main objective of the Act..

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Pavestones

Carbon Credits in Nigeria: Road to Implementation

On November 8, 2022, the new Africa Carbon Markets Initiative (ACMI) was inaugurated at the United Nations Climate Change global conference held in Sharm, Egypt, with an objective to scale the production of carbon credit across the continent.

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