Olaniwun Ajayi LP

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 27, 2021

Newsletter on the CBN Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry

Pursuant to a circular dated 12th October 2021, the CBN has issued a revised Regulatory Framework for BVN Operations and Watch-List for the Nigerian Banking Industry (the Revised Regulatory Framework)....

October 18, 2021

Newsletter on the eNaira Draft Regulatory Guidelines

In an attempt to provide legal and regulatory clarity on the proposed eNaira, the CBN has prepared the draft Regulatory Guidelines on eNaira (Draft Guidelines). Upon its issuance by the...

October 13, 2021

Digital Banking in Nigeria: The State of Play and Legal Framework

In Part A of this Article, we examined the value proposition and factors driving the adoption of digital banking in Nigeria including the challenges facing the sector. Part B of...

October 5, 2021

Digital Banking in Nigeria: The State of Play and Legal Framework

In recent times, the country has witnessed the rise of a new category of fintechs, digital banks, also known as challenger banks or neo-banks. These are institutions leveraging technology to...

August 9, 2021

FAQs on the CBN Guidelines for Licensing and Regulating Payment Holding Companies 2021

In 2020, the Central Bank of Nigeria (CBN) published the CBN Circular on New Licence Categorisations for the Nigerian Payments System wherein it mandated financial technology companies desirous of operating...

July 15, 2021

Newsletter on the new CBN Supervisory Framework for Payment Service Banks in Nigeria.

In addition of the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) by the Central Bank of Nigeria (CBN) in 2018 and revised in 2020, the CBN...

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 27, 2021

Newsletter on the CBN Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry

Pursuant to a circular dated 12th October 2021, the CBN has issued a revised Regulatory Framework for BVN Operations and Watch-List for the Nigerian Banking Industry (the Revised Regulatory Framework)....

October 18, 2021

Newsletter on the eNaira Draft Regulatory Guidelines

In an attempt to provide legal and regulatory clarity on the proposed eNaira, the CBN has prepared the draft Regulatory Guidelines on eNaira (Draft Guidelines). Upon its issuance by the...

October 13, 2021

Digital Banking in Nigeria: The State of Play and Legal Framework

In Part A of this Article, we examined the value proposition and factors driving the adoption of digital banking in Nigeria including the challenges facing the sector. Part B of...

October 5, 2021

Digital Banking in Nigeria: The State of Play and Legal Framework

In recent times, the country has witnessed the rise of a new category of fintechs, digital banks, also known as challenger banks or neo-banks. These are institutions leveraging technology to...

August 9, 2021

FAQs on the CBN Guidelines for Licensing and Regulating Payment Holding Companies 2021

In 2020, the Central Bank of Nigeria (CBN) published the CBN Circular on New Licence Categorisations for the Nigerian Payments System wherein it mandated financial technology companies desirous of operating...

July 15, 2021

Newsletter on the new CBN Supervisory Framework for Payment Service Banks in Nigeria.

In addition of the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) by the Central Bank of Nigeria (CBN) in 2018 and revised in 2020, the CBN...