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

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Pan African Payment and Settlement System Launch: a new dawn for cross border financial transactions in Africa

On 13th January 2022, the Pan African Payment and Settlement System (PAPSS) platform was launched by the Africa Export-Import Bank (Afreximbank), in collaboration with African Union (AU) and African Continental Free..

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Udo Udoma & Belo-Osagie

Finance Act 2021 – Major Highlights

The Finance Act 2021 (“FA 2021”) was signed by President Muhammadu Buhari on the 31st of December 2021 and took effect on the 1st of January 2022. The primary objective of the Act is to implement the 2022 Federal Budget of Economic Growth a..

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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..

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G. Elias & Co.

The Regulatory Framework of the eNaira

The Central Bank of Nigeria (the ‘’CBN’’) recently issued the Regulatory Guidelines on the
eNaira (the ‘’Guidelines’’). The Guidelines was issued pursuant to Section 19 of the Central
Bank of Nigeria Act, 2007 (“CBN Act”) and the Ba..

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Pavestones

Regulation of Fintech in Nigeria: difference between MMOs, PSBs and MFBs

In our February 3, 2020 article, we had written on the differences between a Mobile Money Operator (MMO) license, a Payment Service Bank (PSB) license and a Microfinance Bank (MFB) license. The article was aimed at supporting Fintechs in de..

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Templars

Climate Change And Energy Transition: Is Nigeria on Course With Its New Climate Change Act 2021

The year 2021 will remain historic as the year in which Nigeria made unprecedented and spirited efforts towards the reform of its energy sector through various legislative and policy initiatives.

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Templars

Right to Be Forgotten: TEMPLARS Successfully Defends Google

26 October 2021, a High Court (HC) sitting in Lagos, in a landmark judgment, dismissed a claim for the enforcement of the right to the erasure of personal data, privacy rights and other fundamental rights against Google LLC.

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Olaniwun Ajayi

Trademarks and cultural appropriation: what is really unprotectable?

It is the age of the Internet of things and the growth of the modern economy is increasingly hinged on intangible assets. This is more apparent considering the sweeping impact that the fourth industrial revolution driven largely by Artifici..

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Punuka

Court Delivers Ruling on Pioneer Company Voluntary Arrangement (CVA) in Nigeria

It is no longer news that the provisions of the new Companies and Allied Matters Act (CAMA), 2020, which repealed and replaced the erstwhile Companies and Matters Act (CAMA), 1990 introduced several innovations aimed at improving business o..

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