Olaniwun Ajayi LP

October 9, 2020

Netting Provisions

An Appraisal of Netting Provisions Under the Companies and Allied Matters ACT 2020

The new Companies and Allied Maters Act, 2020 (the Act or CAMA 2020), made significant amendments and introductions to the Nigerian companies’ laws, one of which is the provision for statutory enforcement...

September 24, 2020

CBN Guidelines

Overview of the Updated CBN Guidelines for Payment Service Banks

The CBN, in a bid to promote financial inclusion and enhance access to financial services for low income earners and unbanked segments in society, proposed the establishment and licensing of...

September 22, 2020

NAICOM and PenCom

NAICOM and PenCom Guidelines on Retiree Life Annuity and Employee Group Life Insurance Policy

On the 1st of September 2020, the National Pension Commission (PenCom), in partnership with the National Insurance Commission (NAICOM) (jointly, the Regulators), issued the following guidelines and regulations applicable to the...

September 17, 2020

SEC Statements on Digital Assets

Securities and Exchange Commission’s Statement on Digital Assets

Previously, digital assets such as cryptocurrencies and tokens were unregulated in Nigeria, with regulators taking a cautious approach, and urging the public to tread carefully when investing in such assets....

September 16, 2020

NERC - MYTO 2020

NERC’s Multi Year Tariff Order (MYTO) 2020

On 28 August 2020, the Nigerian Electricity Regulatory Commission (NERC) issued the “Multi Year Tariff Order (MYTO) 2020” (MYTO 2020 or the Order), which marks the commencement of a novel...

August 21, 2020

NERC'S Guidelines

NERC’S Guidelines on the Application for Competition Transition Charges

The Nigerian Electricity Regulatory Commission (NERC or the Commission), on 30 July 2020, issued the “Guidelines on filing Applications for Competition Transition Charge by Electricity Distribution and Trading Licensees” dated 27 July...

August 7, 2020

CBN Guide

CBN Guidelines on Global Standing Instruction for Individuals

As part of the regulatory strides to reduce the vast non-performing loans (NPLs) in the Nigerian banking system, the Central Bank of Nigeria (CBN) on 13 July 2020, published the...

August 6, 2020

The Pandemic, Patents and Pharmaceuticals

The Pandemic, Patents and Pharmaceuticals

As major pharmaceutical giants race towards finding a vaccine for the COVID-19 pandemic, on the second episode of our Voxtero Podcast, our Intellectual Property team discusses some of the interlocking...

July 29, 2020

NSE

Nigerian Stock Exchange Proposed Rules for Broker to Fintech Collaborations

The Nigerian Stock Exchange (NSE or the Exchange) recently released its Exposure Draft of the Proposed Rules for Broker to Fintech Collaborations (BFC or Collaboration) (the Proposed Rules). The Proposed Rules seek to regulate...

July 11, 2020

IBEDC

Federal High Court Declares NERC Enforcement Regulation Null and Void

On the 10th of July 2020, the Federal High Court delivered a landmark judgement in the case of Ibadan Electricity Distribution Company Plc (IBEDC) & 7 Ors. v Nigerian Electricity Regulatory...

October 9, 2020

Netting Provisions

An Appraisal of Netting Provisions Under the Companies and Allied Matters ACT 2020

The new Companies and Allied Maters Act, 2020 (the Act or CAMA 2020), made significant amendments and introductions to the Nigerian companies’ laws, one of which is the provision for statutory enforcement...

September 24, 2020

CBN Guidelines

Overview of the Updated CBN Guidelines for Payment Service Banks

The CBN, in a bid to promote financial inclusion and enhance access to financial services for low income earners and unbanked segments in society, proposed the establishment and licensing of...

September 22, 2020

NAICOM and PenCom

NAICOM and PenCom Guidelines on Retiree Life Annuity and Employee Group Life Insurance Policy

On the 1st of September 2020, the National Pension Commission (PenCom), in partnership with the National Insurance Commission (NAICOM) (jointly, the Regulators), issued the following guidelines and regulations applicable to the...

September 17, 2020

SEC Statements on Digital Assets

Securities and Exchange Commission’s Statement on Digital Assets

Previously, digital assets such as cryptocurrencies and tokens were unregulated in Nigeria, with regulators taking a cautious approach, and urging the public to tread carefully when investing in such assets....

September 16, 2020

NERC - MYTO 2020

NERC’s Multi Year Tariff Order (MYTO) 2020

On 28 August 2020, the Nigerian Electricity Regulatory Commission (NERC) issued the “Multi Year Tariff Order (MYTO) 2020” (MYTO 2020 or the Order), which marks the commencement of a novel...

August 21, 2020

NERC'S Guidelines

NERC’S Guidelines on the Application for Competition Transition Charges

The Nigerian Electricity Regulatory Commission (NERC or the Commission), on 30 July 2020, issued the “Guidelines on filing Applications for Competition Transition Charge by Electricity Distribution and Trading Licensees” dated 27 July...

August 7, 2020

CBN Guide

CBN Guidelines on Global Standing Instruction for Individuals

As part of the regulatory strides to reduce the vast non-performing loans (NPLs) in the Nigerian banking system, the Central Bank of Nigeria (CBN) on 13 July 2020, published the...

August 6, 2020

The Pandemic, Patents and Pharmaceuticals

The Pandemic, Patents and Pharmaceuticals

As major pharmaceutical giants race towards finding a vaccine for the COVID-19 pandemic, on the second episode of our Voxtero Podcast, our Intellectual Property team discusses some of the interlocking...

July 29, 2020

NSE

Nigerian Stock Exchange Proposed Rules for Broker to Fintech Collaborations

The Nigerian Stock Exchange (NSE or the Exchange) recently released its Exposure Draft of the Proposed Rules for Broker to Fintech Collaborations (BFC or Collaboration) (the Proposed Rules). The Proposed Rules seek to regulate...

July 11, 2020

IBEDC

Federal High Court Declares NERC Enforcement Regulation Null and Void

On the 10th of July 2020, the Federal High Court delivered a landmark judgement in the case of Ibadan Electricity Distribution Company Plc (IBEDC) & 7 Ors. v Nigerian Electricity Regulatory...