Olaniwun Ajayi LP

May 26, 2021

New Approved License Categorizations Requirements for the Nigerian Payments System

Following the Central Bank of Nigeria (CBN)’s issuance of a Circular on the New Licence Categorisation for the Nigerian Payments System in December 2020, the apex bank has now published...

May 17, 2021

Robots may start giving investment advice in the Nigerian capital market

The Securities and Exchange Commission has proposed a regulation for Robo-advisers in the Nigerian capital market. The proposed regulations create a new class of participants in the Nigerian capital market...

April 23, 2021

FAQ on Fintech Acquisitions of Microfinance Banks

Due to the absence of a definitive regulatory framework on digital banking in Nigeria, Fintechs have devised alternative means for offering certain banking services. As Microfinance banks (MFBs) are permitted...

March 23, 2021

USSD Pricing

Newsletter on the Joint Statement by the Central Bank of Nigeria and Nigerian Communications Commission on USSD Pricing

On 12 March 2021, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) announced plans to withdraw all Unstructured Supplementary Services Data (USSD) services from financial service providers (FSPs1) citing...

March 16, 2021

Data Protection

Frequently Asked Questions on Data Protection Audit

The National Information Technology Development Agency (NITDA) recently announced an extension of the deadline for companies to file data protection audit reports with NITDA to 30 June 2021 (from 15 March 2021).In...

March 3, 2021

OA deals

OALP – Enabling Partnerships across Africa

“At Olaniwun Ajayi LP, we believe in enabling partnerships, and are happy that our Technology, Innovation and Fintech team has been part of the implementation of the strategic partnership between...

July 1, 2020

IMTS Guidelines

Guideline to the provision of International Money Transfer Services in Nigeria – Part A

The far-reaching effects of the ongoing COVID-19 pandemic on the global economy have been extensively discussed within the contexts of the technology, business, finance, and energy sectors, as no industry...

April 22, 2020

Video conferencing

COVID-19: Privacy and Security Risks in the use of Video Conferencing Tools

Until recently, hours spent in conference rooms each day were a staple of office life, many organisations heavily relied on physical meetings in order to make day-to-day business decisions, consult...

April 18, 2020

Future of tech

COVID-19: Threat to the Future of Tech?

In his book Need, Speed, and Greed (How the New Rules of Innovation Can Transform Businesses, Propel Nations to Greatness and Tame World’s Most Wicked Problems), Vjay V. Vaitheeswaran highlights...

April 11, 2019

The Legal Framework for Software Licensing Part A

Software represents the creative output of developers/programmers, therefore, the ownership of the proprietary rights/interest of the software and the rules protecting such rights have become increasingly important issues for many...

May 26, 2021

New Approved License Categorizations Requirements for the Nigerian Payments System

Following the Central Bank of Nigeria (CBN)’s issuance of a Circular on the New Licence Categorisation for the Nigerian Payments System in December 2020, the apex bank has now published...

May 17, 2021

Robots may start giving investment advice in the Nigerian capital market

The Securities and Exchange Commission has proposed a regulation for Robo-advisers in the Nigerian capital market. The proposed regulations create a new class of participants in the Nigerian capital market...

April 23, 2021

FAQ on Fintech Acquisitions of Microfinance Banks

Due to the absence of a definitive regulatory framework on digital banking in Nigeria, Fintechs have devised alternative means for offering certain banking services. As Microfinance banks (MFBs) are permitted...

March 23, 2021

USSD Pricing

Newsletter on the Joint Statement by the Central Bank of Nigeria and Nigerian Communications Commission on USSD Pricing

On 12 March 2021, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) announced plans to withdraw all Unstructured Supplementary Services Data (USSD) services from financial service providers (FSPs1) citing...

March 16, 2021

Data Protection

Frequently Asked Questions on Data Protection Audit

The National Information Technology Development Agency (NITDA) recently announced an extension of the deadline for companies to file data protection audit reports with NITDA to 30 June 2021 (from 15 March 2021).In...

March 3, 2021

OA deals

OALP – Enabling Partnerships across Africa

“At Olaniwun Ajayi LP, we believe in enabling partnerships, and are happy that our Technology, Innovation and Fintech team has been part of the implementation of the strategic partnership between...

July 1, 2020

IMTS Guidelines

Guideline to the provision of International Money Transfer Services in Nigeria – Part A

The far-reaching effects of the ongoing COVID-19 pandemic on the global economy have been extensively discussed within the contexts of the technology, business, finance, and energy sectors, as no industry...

April 22, 2020

Video conferencing

COVID-19: Privacy and Security Risks in the use of Video Conferencing Tools

Until recently, hours spent in conference rooms each day were a staple of office life, many organisations heavily relied on physical meetings in order to make day-to-day business decisions, consult...

April 18, 2020

Future of tech

COVID-19: Threat to the Future of Tech?

In his book Need, Speed, and Greed (How the New Rules of Innovation Can Transform Businesses, Propel Nations to Greatness and Tame World’s Most Wicked Problems), Vjay V. Vaitheeswaran highlights...

April 11, 2019

The Legal Framework for Software Licensing Part A

Software represents the creative output of developers/programmers, therefore, the ownership of the proprietary rights/interest of the software and the rules protecting such rights have become increasingly important issues for many...