Introduction In a press release by the National Identity Management Commission (NIMC) (hereinafter referred to as the Commission) on the 26th day of June 2026, President Bola Ahmed Tinubu signed the NIMC Act 2026 into law. The new legislation introduces…
In today’s globalized economy, trade and investment treaties play a crucial role in shaping the relationship between states and foreign investors. But beneath the surface of these agreements lies a phenomenon that can significantly impact the ability of governments to…
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…
Navigating Nigeria’s Data Protection Landscape In today’s digital age, data privacy is a critical issue for businesses operating in Nigeria. The Nigeria Data Protection Act (NDPA) 2023 builds on the Nigerian Data Protection Regulation (NDPR) of 2019 and the NDPR…
As financial crimes evolve, Anti-Money Laundering (AML) frameworks continue to be a critical area of focus for regulators across the globe. Nigeria, with its rapidly increasing financial and technological landscape, is not exempt from this scrutiny. The regulatory and legal…
