Olaniwun Ajayi LP

August 26, 2025

NDPC Compliance obligation for gaming and financial services companies

NDPC Sector-by-Sector Investigation for Financial Services and Gaming Companies

The NDPC, by a Compliance Notice, has announced the commencement of investigations into suspected non-compliance with the Nigeria Data Protection Act 2023 (NDPA). The focus is on organisations operating in...

August 12, 2025

Regulatory Compliance for Fintech Companies

Balancing Growth in an Uncertain Regulatory Landscape for Fintech Companies

At Olaniwun Ajayi LP, we understand that for fintechs in Nigeria, growth and regulation often appear to be in conflict. But we also know that when compliance is approached strategically,...

July 14, 2025

QR Code System in Nigeria

Enabling Cashless Retail Transactions: Scope and Framework for QR-Code System in Nigeria

Over the last decade, the use cases of quick response (QR) codes have evolved from being a tool to facilitate information sharing into a pivotal tool for facilitating payments. Notably,...

June 18, 2025

Commentary-on-Structuring-the-Acquisition-of-PSS-Licences-in-Nigeria.jpg

Commentary on Structuring the Acquisition of PSS Licences in Nigeria

Over the last few years, electronic payment transactions in Nigeria have recorded significant growth and this momentum shows no signs of slowing down. A key participant in the facilitation of...

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...

May 27, 2025

Navigating Cross Border T

Navigating Cross Border Data Transfers – Key Insights Under Nigeria’s Data Protection Laws

Cross border transfer of personal data plays a crucial role in driving commercial expansion, technological innovation, and global collaboration. Businesses, especially technology-driven enterprises, rely on the seamless exchange of data...

April 17, 2025

Digital and Virtual Assets Ownership in Nigeria

Impact of the Investment and Securities Act 2025 on Digital and Virtual Assets Ownership

The Investments and Securities Act, 2025 (ISA 2025), which repeals the Investments and Securities Act, 2007, marks a significant milestone in the evolution of financial regulation in Nigeria. The ISA...

April 1, 2025

Key Updates from the Nigeria Data Protection Act – General Application and Implementation Directive 2025  

The Nigerian Data Protection Commission (NDPC) recently issued the NDPA – GAID, which introduced significant changes to the country’s data protection framework. The GAID clarifies and includes provision for the...

February 5, 2025

Understanding Nigerian Digital and Virtual Assets Landscape - SEC Rules on Digital Assets

Understanding the Nigerian Digital and Virtual Assets Landscape: Key Changes

On September 27, 2024, the Securities and Exchange Commission (SEC) released an Exposure Draft of Amendments to its rules on Digital Assets Issuance, Offering Platforms, Exchanges, and Custody. These changes,...

January 27, 2025

Tech Industry Wrap Up and Outlook 2025

Technology Innovation and Fintech Wrap Up and Outlook 2025

In 2024, the African tech landscape witnessed a year mixed with challenges and opportunities for growth and innovation. There was a 25% decline in funding compared to 2023, however, the...

August 26, 2025

NDPC Compliance obligation for gaming and financial services companies

NDPC Sector-by-Sector Investigation for Financial Services and Gaming Companies

The NDPC, by a Compliance Notice, has announced the commencement of investigations into suspected non-compliance with the Nigeria Data Protection Act 2023 (NDPA). The focus is on organisations operating in...

August 12, 2025

Regulatory Compliance for Fintech Companies

Balancing Growth in an Uncertain Regulatory Landscape for Fintech Companies

At Olaniwun Ajayi LP, we understand that for fintechs in Nigeria, growth and regulation often appear to be in conflict. But we also know that when compliance is approached strategically,...

July 14, 2025

QR Code System in Nigeria

Enabling Cashless Retail Transactions: Scope and Framework for QR-Code System in Nigeria

Over the last decade, the use cases of quick response (QR) codes have evolved from being a tool to facilitate information sharing into a pivotal tool for facilitating payments. Notably,...

June 18, 2025

Commentary-on-Structuring-the-Acquisition-of-PSS-Licences-in-Nigeria.jpg

Commentary on Structuring the Acquisition of PSS Licences in Nigeria

Over the last few years, electronic payment transactions in Nigeria have recorded significant growth and this momentum shows no signs of slowing down. A key participant in the facilitation of...

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...

May 27, 2025

Navigating Cross Border T

Navigating Cross Border Data Transfers – Key Insights Under Nigeria’s Data Protection Laws

Cross border transfer of personal data plays a crucial role in driving commercial expansion, technological innovation, and global collaboration. Businesses, especially technology-driven enterprises, rely on the seamless exchange of data...

April 17, 2025

Digital and Virtual Assets Ownership in Nigeria

Impact of the Investment and Securities Act 2025 on Digital and Virtual Assets Ownership

The Investments and Securities Act, 2025 (ISA 2025), which repeals the Investments and Securities Act, 2007, marks a significant milestone in the evolution of financial regulation in Nigeria. The ISA...

April 1, 2025

Key Updates from the Nigeria Data Protection Act – General Application and Implementation Directive 2025  

The Nigerian Data Protection Commission (NDPC) recently issued the NDPA – GAID, which introduced significant changes to the country’s data protection framework. The GAID clarifies and includes provision for the...

February 5, 2025

Understanding Nigerian Digital and Virtual Assets Landscape - SEC Rules on Digital Assets

Understanding the Nigerian Digital and Virtual Assets Landscape: Key Changes

On September 27, 2024, the Securities and Exchange Commission (SEC) released an Exposure Draft of Amendments to its rules on Digital Assets Issuance, Offering Platforms, Exchanges, and Custody. These changes,...

January 27, 2025

Tech Industry Wrap Up and Outlook 2025

Technology Innovation and Fintech Wrap Up and Outlook 2025

In 2024, the African tech landscape witnessed a year mixed with challenges and opportunities for growth and innovation. There was a 25% decline in funding compared to 2023, however, the...