NCC approval for shareholding changes is now mandatory before eligible telecom ownership transfers can be registered with CAC. Learn the new rules.
Introduction CBN Ring-Fencing Guidelines introduce a new regulatory framework aimed at strengthening governance, protecting customer funds, and ensuring operational independence among closely linked entities in Nigeria’s financial system. On the 10th day of June, the Central Bank of Nigeria (CBN)…
Introduction In a judgment that strengthens consumer protection in Nigeria’s real estate sector, the High Court of Lagos State has ruled in favour of Zikel Solutions Investment Limited (The Claimant), holding that a developer cannot rely on a blanket no‑refund…
Introduction Nigeria’s regulatory landscape for consumer protection continues to evolve as regulators seek to address the challenges arising from digital commerce, online platforms, electronic transactions, and other technology-driven services. In line with its consumer protection mandate, the Federal Competition and Consumer Protection…
Introduction The Central Bank of Nigeria (CBN) on the 1st day of June 2026 officially launched the Payment System Vision 2028 (PSV 2028), a strategic framework designed to guide the development of Nigeria’s payment ecosystem over the next several years.…
Introduction The COVID-19 pandemic did not create telemedicine in Nigeria, but it irrevocably accelerated its adoption. When hospitals were overwhelmed in April 2020, platforms like Helium Health, Reliance HMO, and DrConsult recorded significant surges in traffic as Nigerians sought consultations…
The CBN BVN Circular 2026 introduces key amendments to Nigeria’s BVN and Watch-List framework, including temporary watchlisting for suspicious transactions, age restrictions for BVN enrolment, limits on phone number changes, and tighter access to BVN data. This article examines the implications for fraud prevention, banking security, customer protection, and data privacy in Nigeria’s financial sector.
In 2025, a series of tax reform legislations were enacted in Nigeria, including the Nigerian Tax Administration Act 2025, the Nigerian Revenue Service (Establishment) Act 2025, the Joint Revenue Board (Establishment) Act 2025, and the Nigerian Tax Act 2025. These…
The Financial Reporting Council of Nigeria (FRC) has issued a Public Notice announcing the mandatory registration of audit firms and other assurance service providing firms, with enforcement taking effect from the 1st of April, 2026. The notice is issued pursuant…
On the 26th day of June 2025, the tax reform Acts (the Nigeria Tax Administration Act, the Nigeria Revenue Service Act, the Joint Revenue Board Act and the Nigeria Tax Act 2025) were signed into law. The Acts were subsequently…
