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  What is Crowdfunding Intermediary License?  Crowdfunding is the process of raising funds from the public to finance a project or business (in exchange for the issuance of shares, debentures, or such other investment instrument) through an online platform called crowdfunding portal. In order to …

What is a Staff Poly or Employee Handbook? Is it required by labour law? Staff Policy or Employee Handbook is a body of rules or contract of a company which regulates the internal affairs of a company as well as its relationship with its employees. …

Section A: Preliminary Points on PSSP Licence in Nigeria As digital payment transactions continue to rise in Nigeria, interested investors  need to know what licence is suitable for their business model and the requirements for getting regulatory approval to enter the Africa’s most populous country …

The Nigeria’s mutual funds industry is valued at N1.58 trillion as at the last quarter of the year 2020. The industry is largely dominated by the big five (controlling about 75% of the asset under management (“AUM”) in Nigeria). As of October 2020, the Stanbic IBTC …

1. Introduction Microfinance Banks (“MFBs”) are subsector players licensed, regulated and supervised by the Central Bank of Nigeria (“CBN”) to provide access to financial services such as micro-savings, micro-credits, transfer services and other financial products targeted at the economically active poor. The CBN issued the …

What is a Bureau de Change? A Bureau De Change (“BDC”) is a registered business licensed by the Central Bank of Nigeria (“CBN”) to carry out or facilitate the sale, purchase or exchange of foreign currencies. A BDC is defined by the CBN’s REGULATORY AND …

There is some confusion amongst human resources professionals and in-house counsel about the validity and effect of an employee’s notice of resignation that is short of the period agreed in the employment contract. Corollary to the foregoing is the issue regarding whether an employer can …

1.   What is the meaning of Constructive Dismissal? In order to discourage hostile work environment, common law sides with an employee who has been subjected to a forced or compulsory resignation, especially where it is clear that the employer has pressured the employee into involuntary resignation …

1. What is a Finance Company? Finance companies are companies licensed as sub-sector or middle tier players in the financial system to complement the roles of banks and meet the needs of micro, small and medium enterprises. A Finance Company Business means the business of …

  Employers are usually faced with the challenge of how to balance the low productivity in business and their contractual obligations to workers amidst economic depression. Taking decisions in such circumstances may not be easy. No matter what the management or HR decides, an employee should never be asked, advised or forced to resign. …