Never miss a beat on Africa's legal and regulatory landscape.
As highlighted in the publication – An Overview of The Nigeria Data Protection Act 2023, one of the key provisions of the Nigeria Data Protection Act (NDPA or Act) is the introduction of a new classification of data controllers and processors i.e., “Data Controllers and D..
On 20 June 2023, the Central Bank of Nigeria (CBN) issued the CBN (Customer Due Diligence) Regulation 2023 (the CDD Regulations). This regulatory initiative is aimed at assisting financial institutions to comply with customer due diligence measures, required by exis..
On 12 June 2023, the Nigeria Data Protection Act, 2023 (“the Act”) was signed into law by President Bola Ahmed Tinubu. The Act provides a legal framework for the protection of personal information, processing and transfer of personal information and regulatory obligations..
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..
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..
A new national arbitration law, the Arbitration and Mediation Act, 2023 (the AMA), came into force in Nigeria on 26 May 2023, replacing the Arbitration and Conciliation Act (the ACA) that had remained unchanged for over three decades. Here are some notable features of the..
This designation indicates increased monitoring by FATF as both countries actively work to address strategic deficiencies in combating money laundering, terrorist financing, and proliferation financing.
On 23rd November 2022, The Ministry of Industry, Trade and Investment through its Minister, approved the Persons with Significant Control Regulation (''PSC Regulation''). The key objective of the regulation is to provide an effective framework and procedure for obtaining ..
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..
