The Federal Competition and Consumer Protection Commission (FCCPC), hereinafter referred to as “the Commission”, in line with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations), has taken steps to clamp down on Digital Money Lending (DML)…
The Securities and Exchange Commission (“the Commission”) has issued a Circular (“the Circular”) titled “Revised Minimum Capital (MC) for Regulated Capital Market Entities. The Circular states revised MC thresholds; the SEC has indicated it will issue separate guidance on compliance…
In a notice dated the 30th of August, 2025, the Corporate Affairs Commission (CAC) announced to its customers and stakeholders, that the implementation of the new fees has been deferred to the 1st October 2025. It was stated that the…
The Nigerian Police Force through its X account reported the collapse of a building under construction on the 5th of March 2025 raising serious concerns about construction quality and buyer protection. In the wake of such incidents, many have turned…
The Nigerian House of Representatives has taken a decisive step to investigate alleged non-compliance by mining operators with the provisions of the Minerals and Mines Act, 2007, and the Explosives Act 2021. This decision follows a motion presented duringa plenary…
In a move aimed at enhancing the efficiency of Automated Teller Machine (ATM) services and addressing rising operational costs, the Central Bank of Nigeria (CBN) has issued a circular revising the ATM transaction fees applicable in Nigeria. This review is…
In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the suspension of the extension of export proceeds repatriation on behalf of exporters. This decision, communicated through a circular referenced TED/FEM/FPC/GEN/001/001 and dated January 8, 2025, came…
In a recent development on January 11, 2025, the Federal High Court in Abuja directed the Minister of Interior, Dr. Olubunmi Tunji-Ojo, and the Attorney-General of the Federation (AGF), Mr. Lateef Fagbemi, SAN, to justify the continuation of the proposed…
