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Pavestones

Harnessing Digitisation to Enhance Trade in Africa - A Review of the African Continental Free Trade Area Protocol on Digital Trade

The effect of digitization over the last decade has been widespread, and cuts across various aspects of daily life and by implication, the global economy. This has resulted in digital trade and e-commerce, which has greatly influenced and changed the concept of trade in m..

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Duale, Ovia & Alex-Adedipe

Highlights of the New Regulatory and Supervisory Guidelines for Bureaux De Change Operations in Nigeria

As a response to the depreciation of the Nigerian Naira and adverse effects on inflation and economic stability, the Central Bank of Nigeria initiated significant measures in the second half of 2023 to stabilize and strengthen the Naira against major foreign currencies. T..

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Streamsowers & Köhn

Excessive Data Collection Practices of WhatsApp (re) Scrutinised under the NDPR: A Review of FCCPC V. Meta

On 19 July 2024, the Federal Competition and Consumer Protection Commission in Nigeria imposed a fine of $220 million on Meta Platforms Inc, the parent company of WhatsApp LLC, for violations of both the Federal Competition and Consumer Protection Act 2018 and the Nigeria..

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Templars

The Nigeria Communications Commission Issues New Business Rules and Regulations

The Nigerian Communications Commission has introduced new regulations under the Nigerian Communications Act 2003 to enhance consumer protection and service quality in the telecom sector. Updates include mandatory consumer codes, faster response times, extended record rete..

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Templars

French Court Authorizes Chinese Firm to Seize Three Nigerian Presidential Aircraft – Unpacking the Who, Where, and Why

This article explores the legal battle between Zhongshan Fucheng Industrial Investment Co. Ltd and the Federal Republic of Nigeria arising from a joint venture between Zhongshan and the Ogun State Government that led to a $70 million arbitral award and has culminated in t..

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Stren & Blan

Ensuring Compliance With Packaging and Labelling Regulations: A Guide for Fast-Moving Consumer Goods Manufacturers and Importer

Compliance with packaging and labelling regulations is crucial for Fast Moving Consumer Goods (FMCG) manufacturers and importers in Nigeria. More so, for FMCG manufacturers and importers operating in Nigeria, navigating these frameworks on labelling requirements related t..

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SimmonsCooper Partners

ECOWAS Single Currency: Unifying West Africa’s Economic Frontiers

The Economic Community of West African States (ECOWAS) is setting the stage for a shift in regional trade and economic policy with the planned introduction of a single currency—the “ECO”. Supported by Nigeria and fourteen other member countries, this initiative aims to co..

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Pavestones

Data Protection in Nigeria: Lessons From the Meta vs FCCPC Matter

Meta Platforms Inc. and Whatsapp LLC, together referred to as Meta, have come under the spotlight of the Federal Competition and Consumer Protection (the FCCCP). An investigation was launched by the FCCPC into Meta’s practices relating to user data privacy and competition..

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Pavestones

Transforming Nigeria's Digital Landscape: Review of the National Digital Economy and e-Governance Bill, 2024

The National Digital Economy and E-Governance Bill, 2024, represents a strategic move in Nigeria’s digital transformation journey. Primarily, the Bill aims to drive economic growth through digital technology, improve public service delivery, and create a competitive envir..

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