SEND, RECEIVE, THRIVE: NIGERIA’S UPDATED INTERNATIONAL MONEY TRANSFER REGIME
1.0. INTRODUCTION International Money Transfer Operators (“IMTOs”) in Nigeria are companies or organisations authorised by the Central Bank of Nigeria (“CBN”) to facilitate the transfer of funds from individuals or
INTELLECTUAL PROPERTY RIGHTS AND STARTUPS: PROTECTING INNOVATION AND AVOIDING PITFALLS
INTRODUCTION In today's fast-paced and highly competitive business landscape, startups are often at the forefront of innovation, driving growth with fresh ideas and cutting-edge technologies. Many startup founders do not consider
AN APPRAISAL OF THE LEGAL REGIME FOR BANKRUPTCY AND INSOLVENCY IN NIGERIA: STRIKING A BALANCE FOR ECONOMIC STABILITY
INTRODUCTION The financial health of businesses and individuals is crucial for the overall economic stability of any nation. In connection with this, a robust legal regime for bankruptcy and insolvency is
AN OVERVIEW OF NIGERIA’S BUSINESS FACILITATION (MISCELLANEOUS PROVISIONS) ACT 2023 AND ITS POTENTIAL IMPACT ON THE EASE OF DOING BUSINESS
INTRODUCTION The Business Facilitation (Miscellaneous Provisions) Act 2023 (“BFA” or the “Act”) was signed into law on the 14th day of February 2023. The Business Facilitation Act (BFA) 2023 was introduced
LEXWORTH RECEIVES THOUGHT LEADERSHIP AWARD FROM MONDAQ
We are proud to announce that our firm has just received a Thought Leadership Award from Mondaq. Mondaq’s Thought Leadership Awards are released twice yearly, in Autumn and Spring. The awards
SOCIAL MEDIA REGULATION: AN OVERVIEW OF THE NATIONAL INFORMATION TECHNOLOGY DEVELOPMENT AGENCY’s (NITDA) CODE OF PRACTICE FOR INTERACTIVE COMPUTER SERVICE PLATFORMS/INTERNET INTERMEDIARIES
INTRODUCTION: Historical Attempts to Regulate Digital Platforms in Nigeria In Nigeria, social media has served as an important tool in our society for the dissemination of information, to enhance human
KEY HIGHLIGHTS OF THE CBN’S CODE OF CORPORATE GOVERNANCE GUIDELINES FOR BANKS AND FINANCIAL HOLDING COMPANIES IN NIGERIA
INTRODUCTION In 2019, the Financial Reporting Council of Nigeria (“FRCN”) revolutionised the scenery of corporate governance in Nigeria with the introduction of the Nigerian Code of Corporate Governance 2018 (“NCCG 2018”)