Never miss a beat on Africa's legal and regulatory landscape.
In recent years, financial technology (fintech) has rapidly expanded worldwide, forcing traditional financial institutions to evolve in response to this innovative manner of conducting business in the financial industry. Today, we continue to witness the significant impac..
In our digitally driven world, where the internet is a cornerstone of commerce, communication, and information dissemination, cybersquatting has emerged as a serious threat. The Cybercrimes (Prohibition, Prevention, etc.) Act of 2015 in Nigeria addresses this menace, spec..
The Securities and Exchange Commission has released a Framework on Accelerated Regulatory Incubation Programme (ARIP) for the Onboarding of Virtual Assets Service Providers (VASPs) and other Digital Investment Service Providers (DISPs). The Framework was issued furt..
Did you know that an employer has an inherent right to discipline an employee if this becomes necessary, and suspension is a form of discipline? However, in order to exercise this right to suspend an employee, the power to suspend must have been expressly stated in the em..
The Nigerian Data Protection Commission has recently issued a Guidance Notice on the entities that are deemed to be Data Controllers and Data Processors of Major Importance (DCPMIs). The Notice was issued on 14 February 2024 and took effect from that date.
Data breaches are now a regular occurrence in the modern data-driven and digital global
economy that the world has now become. A number of organisations have suffered data
breaches in the course of their operations with differing degrees of seriousness. ..
In a recent update, the Federal Inland Revenue Service (“FIRS”) officially communicated the revised effective date for the implementation of the Finance Act 2023 ( “the Act”). This update by the FIRS follows the deferment of the commencement of the Act by the Finance Act ..
Prior to 2005, the Nigerian power sector was largely government-owned. With the enactment of the Electric Power Sector Reform Act in 2005 (“EPSRA”), this monopoly was unbundled and the sector was reformed with the privatisation of the generation and distribution segments ..
The Finance Act 2023 (the “FA 2023”) was signed into law by former President Muhammadu
Buhari on 28 May 2023, prior to his leaving office. The FA 2023 takes effect from 28 May
2023, and it replaces the Finance Bill 2022 (“FB 2022”), which had been circul..
