Olaniwun Ajayi LP

October 31, 2022

The Nigeria Startup Act 2022: Highlights of its Framework and Notes on its Prospects

On 19 October 2022, the President of the Federal Republic of Nigeria gave his assent to the Nigeria Startup Bill 2021, effectively signing it into law as the Nigeria Startup...

October 27, 2022

Newsletter on the Securities and Exchange Commission (Capital Market Operators AML/CFT) Regulations 2022

In exercise of its powers to protect the integrity of the securities market against all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed,...

May 27, 2022

Newsletter on the CBN Draft Operational Guidelines for Open Banking in Nigeria

In February 2021, the Central Bank of Nigeria (CBN) released the Regulatory Framework for Open Banking in Nigeria (the Open Banking Framework) which establishes principles for data sharing across the...

May 23, 2022

Newsletter on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital Assets

In April 2022, the Securities and Exchange Commission (the SEC) released its Proposed Rules on the Registration of Virtual Asset Service Providers and the Proposed Rules on the Issuance, Offering...

May 12, 2022

Newsletter on SEC Proposed Rules on Issuance, Offering Platforms and Custody of Digital Assets

The Securities and Exchange Commission (SEC) has recently issued its Proposed Rules on Issuance, Offering Platform and Custody of Digital Assets (the Proposed Rules). This is following the SEC’s press...

May 11, 2022

Newsletter on SEC Proposed Rules for Registration of Virtual Asset Service Providers

In 2020, the Securities and Exchange Commission (SEC) expressed its intention to regulate the virtual assets when it released the “Statement on digital assets and their Classification and Treatment”. However,...

March 26, 2022

FREQUENTLY ASKED QUESTIONS ON EMPLOYEE SHARE AND STOCK COMPENSATION PLAN

We have prepared these Frequently Asked Questions (FAQs) to address some of the general issues, and concerns that employers and employees have in relation to the issuance and administration of...

March 22, 2022

NEWSLETTER ON THE DRAFT GUIDELINES FOR THE REGISTRATION AND OPERATION OF BANK NEUTRAL CASH HUBS IN NIGERIA

In a bid to reduce cost and improve operational efficiency in the country’s cash management value chain and to promote a sound financial system in Nigeria, the Central Bank of...

February 28, 2022

NEWSLETTER ON THE OPERATIONAL GUIDELINES FOR INSURANCE WEB AGGREGATORS ISSUED BY NAICOM

In exercise of the powers conferred by the National Insurance Commission Act, 1997 (the NAICOM Act) the apex regulator of the insurance industry, the National Insurance Commission (NAICOM or the...

February 4, 2022

FAQs on the Pan-African Payments and Settlement System

In 2021, we witnessed the commencement of trade under the African Continental Free Trade Area (AfCFTA) regime as many countries in Africa ratified the AfCFTA treaty with the aim to...

October 31, 2022

The Nigeria Startup Act 2022: Highlights of its Framework and Notes on its Prospects

On 19 October 2022, the President of the Federal Republic of Nigeria gave his assent to the Nigeria Startup Bill 2021, effectively signing it into law as the Nigeria Startup...

October 27, 2022

Newsletter on the Securities and Exchange Commission (Capital Market Operators AML/CFT) Regulations 2022

In exercise of its powers to protect the integrity of the securities market against all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed,...

May 27, 2022

Newsletter on the CBN Draft Operational Guidelines for Open Banking in Nigeria

In February 2021, the Central Bank of Nigeria (CBN) released the Regulatory Framework for Open Banking in Nigeria (the Open Banking Framework) which establishes principles for data sharing across the...

May 23, 2022

Newsletter on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital Assets

In April 2022, the Securities and Exchange Commission (the SEC) released its Proposed Rules on the Registration of Virtual Asset Service Providers and the Proposed Rules on the Issuance, Offering...

May 12, 2022

Newsletter on SEC Proposed Rules on Issuance, Offering Platforms and Custody of Digital Assets

The Securities and Exchange Commission (SEC) has recently issued its Proposed Rules on Issuance, Offering Platform and Custody of Digital Assets (the Proposed Rules). This is following the SEC’s press...

May 11, 2022

Newsletter on SEC Proposed Rules for Registration of Virtual Asset Service Providers

In 2020, the Securities and Exchange Commission (SEC) expressed its intention to regulate the virtual assets when it released the “Statement on digital assets and their Classification and Treatment”. However,...

March 26, 2022

FREQUENTLY ASKED QUESTIONS ON EMPLOYEE SHARE AND STOCK COMPENSATION PLAN

We have prepared these Frequently Asked Questions (FAQs) to address some of the general issues, and concerns that employers and employees have in relation to the issuance and administration of...

March 22, 2022

NEWSLETTER ON THE DRAFT GUIDELINES FOR THE REGISTRATION AND OPERATION OF BANK NEUTRAL CASH HUBS IN NIGERIA

In a bid to reduce cost and improve operational efficiency in the country’s cash management value chain and to promote a sound financial system in Nigeria, the Central Bank of...

February 28, 2022

NEWSLETTER ON THE OPERATIONAL GUIDELINES FOR INSURANCE WEB AGGREGATORS ISSUED BY NAICOM

In exercise of the powers conferred by the National Insurance Commission Act, 1997 (the NAICOM Act) the apex regulator of the insurance industry, the National Insurance Commission (NAICOM or the...

February 4, 2022

FAQs on the Pan-African Payments and Settlement System

In 2021, we witnessed the commencement of trade under the African Continental Free Trade Area (AfCFTA) regime as many countries in Africa ratified the AfCFTA treaty with the aim to...