Olaniwun Ajayi LP

December 4, 2025

CBN Issues Directive on Advertising Compliance, Mandates Withdrawal of Non-Compliant Adverts across the Financial Services Sector

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...

December 1, 2025

Beyond the Headlines: The ISA 2025 and the SEC Clampdown on Illegal Market Operators

The announcement on 24 October 2025 regarding Nigeria’s removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring (commonly referred to as the Grey List) represents...

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

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...

September 16, 2025

Sukuk in Nigeria – Lessons from Global Islamic Finance Markets

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...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

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...

June 16, 2025

Highlights of the Exposure on the Baseline Standards on Automated Anti Money Laundering (AML) Solutions

HIGHLIGHTS OF THE EXPOSURE DRAFT ON BASELINE STANDARDS FOR AUTOMATED ANTI-MONEY LAUNDERING (AML) SOLUTIONS

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...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

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...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

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...

January 8, 2024

OALP Finance and Capital Markets Wrap-up 2023 and 2024 Outlook

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...

August 14, 2023

OALP TAX PRACTICE QUARTERLY NEWSLETTER 2nd Quarter 2023

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...

December 4, 2025

CBN Issues Directive on Advertising Compliance, Mandates Withdrawal of Non-Compliant Adverts across the Financial Services Sector

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...

December 1, 2025

Beyond the Headlines: The ISA 2025 and the SEC Clampdown on Illegal Market Operators

The announcement on 24 October 2025 regarding Nigeria’s removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring (commonly referred to as the Grey List) represents...

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

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...

September 16, 2025

Sukuk in Nigeria – Lessons from Global Islamic Finance Markets

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...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

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...

June 16, 2025

Highlights of the Exposure on the Baseline Standards on Automated Anti Money Laundering (AML) Solutions

HIGHLIGHTS OF THE EXPOSURE DRAFT ON BASELINE STANDARDS FOR AUTOMATED ANTI-MONEY LAUNDERING (AML) SOLUTIONS

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...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

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...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

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...

January 8, 2024

OALP Finance and Capital Markets Wrap-up 2023 and 2024 Outlook

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...

August 14, 2023

OALP TAX PRACTICE QUARTERLY NEWSLETTER 2nd Quarter 2023

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...