Olaniwun Ajayi LP

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...

September 30, 2021

Power and Infrastructure Q2 Report

In the first quarter of 2021, we saw the announcement of a number of new projects and initiatives such as the N5 million Solar Connections Program, the commissioning of Evercare...

September 29, 2021

OALP DRP QUARTERLY NEWSLETTER

In the fine and evergreen words of Charles Evans Hughes, former Chief Justice of the United States of America, “We are under a Constitution, but the Constitution is what the...

September 24, 2021

AMENDMENTS TO THE SECURITIES AND EXCHANGE COMMISSION RULES AND REGULATIONS ON MERGERS, ACQUISITIONS, RECONSTRUCTIONS AND TAKEOVERS.

On 30 August 2021, the Securities and Exchange Commission released new rules and amendments to the SEC Rules and Regulations 2013 (as amended) relating to mergers, acquisitions, divestments, share capital...

September 1, 2021

Olaniwun Ajayi LP announces appointment of new Managing Partner and Deputy Managing Partner

Olaniwun Ajayi LP, a leading institution in Africa, is pleased to announce the appointment of Dr. Tominiyi Owolabi and Mr. Wolemi Esan as Managing Partner and Deputy Managing Partner respectively,...

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...

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...

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...

September 30, 2021

Power and Infrastructure Q2 Report

In the first quarter of 2021, we saw the announcement of a number of new projects and initiatives such as the N5 million Solar Connections Program, the commissioning of Evercare...

September 29, 2021

OALP DRP QUARTERLY NEWSLETTER

In the fine and evergreen words of Charles Evans Hughes, former Chief Justice of the United States of America, “We are under a Constitution, but the Constitution is what the...

September 24, 2021

AMENDMENTS TO THE SECURITIES AND EXCHANGE COMMISSION RULES AND REGULATIONS ON MERGERS, ACQUISITIONS, RECONSTRUCTIONS AND TAKEOVERS.

On 30 August 2021, the Securities and Exchange Commission released new rules and amendments to the SEC Rules and Regulations 2013 (as amended) relating to mergers, acquisitions, divestments, share capital...

September 1, 2021

Olaniwun Ajayi LP announces appointment of new Managing Partner and Deputy Managing Partner

Olaniwun Ajayi LP, a leading institution in Africa, is pleased to announce the appointment of Dr. Tominiyi Owolabi and Mr. Wolemi Esan as Managing Partner and Deputy Managing Partner respectively,...

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...

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...