Olaniwun Ajayi LP

December 4, 2020

BOFIA 2020

The Banks and Other Financial Institutions Act 2020 and Impact on Fintech Companies in Nigeria

On 13 November 2020, the President of the Federal Republic of Nigeria signed the Banks and Other Financial Institution Act (2020) (BOFIA or the Act) into law. The Act repealed the extant BOFIA 1991 (as...

December 4, 2020

BOFIA 2020

The Banks and Other Financial Institutions Act 2020 and Impact on Fintech Companies in Nigeria

On 13 November 2020, the President of the Federal Republic of Nigeria signed the Banks and Other Financial Institution Act (2020) (BOFIA or the Act) into law. The Act repealed the extant BOFIA 1991 (as...