Olaniwun Ajayi LP

May 6, 2024

Tech Development in April, a roundup by Olaniwun Ajayi.

TECH Digest for April

Olaniwun Ajayi LP is pleased to present its Technology News Highlights (Highlights) for April 2024.The Highlights summarise major events and developments in the technology sector in the last month, including...

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...

December 11, 2020

Payment System

Newsletter on the Categorisation for the Nigerian Payments System

In furtherance of the objective and commitment to promote a strong and credible payment system in Nigeria, the Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular...

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 The Act repealed the extant BOFIA 1991 (as...

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 10, 2020

IMTS

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

In Part A of this two-part series on the provision of international money transfer services (IMTS) in Nigeria (access part A here), we considered the regulatory overview of IMTS in...

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...

May 6, 2024

Tech Development in April, a roundup by Olaniwun Ajayi.

TECH Digest for April

Olaniwun Ajayi LP is pleased to present its Technology News Highlights (Highlights) for April 2024.The Highlights summarise major events and developments in the technology sector in the last month, including...

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...

December 11, 2020

Payment System

Newsletter on the Categorisation for the Nigerian Payments System

In furtherance of the objective and commitment to promote a strong and credible payment system in Nigeria, the Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular...

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...

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 10, 2020

IMTS

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

In Part A of this two-part series on the provision of international money transfer services (IMTS) in Nigeria (access part A here), we considered the regulatory overview of IMTS in...

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...