On 27 November 2025, the Central Bank of Nigeria (CBN) issued a circular (Ref: CMD/DIR/PUB/CIR/001/003) to banks, payment service banks, and other financial institutions (the Circular). The Circular introduced enhanced...
The third quarter of 2025 sustained the momentum of Nigeria’s evolving tax landscape, marked by notable judicial and policy developments. Courts affirmed the broad investigative powers of regulatory agencies, further...
With the growing demand for ethical and Shariah-compliant financial instruments as alternatives to conventional finance, Sukuk has emerged as a critical tool for raising capital in line with Islamic legal...
Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...
On 20 May 2025, the Central Bank of Nigeria (CBN) released the Exposure Draft on Baseline Standards for Automated Anti-Money Laundering, Combating the Financing of Terrorism, and Countering the Proliferation...
2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...
Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...
The banking and capital markets segments of the financial services sector witnessed significant changes in 2023 with a number of participants in both segments adopting new strategies to remain afloat...
The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...
On 27 November 2025, the Central Bank of Nigeria (CBN) issued a circular (Ref: CMD/DIR/PUB/CIR/001/003) to banks, payment service banks, and other financial institutions (the Circular). The Circular introduced enhanced...
The third quarter of 2025 sustained the momentum of Nigeria’s evolving tax landscape, marked by notable judicial and policy developments. Courts affirmed the broad investigative powers of regulatory agencies, further...
With the growing demand for ethical and Shariah-compliant financial instruments as alternatives to conventional finance, Sukuk has emerged as a critical tool for raising capital in line with Islamic legal...
Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...
On 20 May 2025, the Central Bank of Nigeria (CBN) released the Exposure Draft on Baseline Standards for Automated Anti-Money Laundering, Combating the Financing of Terrorism, and Countering the Proliferation...
2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...
Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...
The banking and capital markets segments of the financial services sector witnessed significant changes in 2023 with a number of participants in both segments adopting new strategies to remain afloat...
The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...