Never miss a beat on Africa's legal and regulatory landscape.
In April 2021, the House of Representatives introduced the Patents and Designs (Repeal and Re-Enactment) Bill (the “PD Bill”), 2021 which seeks to overhaul the Patents and Designs Act 1971 that currently provides for the protection of Patent and Design rights, albeit inad..
On 18 November 2021, President Muhammadu Buhari signed into law the Climate Change Bill 2021 following the passing of the bill by the Senate just a month earlier on 13 October 2021.
The Climate Change Act 2021 (the “Act”) has been described as one o..
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 Trade Area (AfCFTA).
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 and Sustainability by amending 13..
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..
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 Banks and Other Financial Institut..
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 determining which of the existing ..
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.
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.
