Category: Publications

The Federal Competition and Consumer Protection Commission (FCCPC) has resumed enforcement of the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Regulations). This follows the decisive judgment delivered on Monday, 20th July 2026, in Suit No. FHC/L/CS/760/2026: Wireless Application Service Providers Association of Nigeria …

INTRODUCTION On Friday, 22nd May 2026, the Federal Competition and Consumer Protection Commission (FCCPC) issued a circular announcing the suspension of the implementation and enforcement of the Digital, Electronic, Online or Non‑Traditional Consumer Lending Regulations 2025 (“DEON Regulations 2025”). This decision followed an ex parte …

The Corporate Affairs Commission (“CAC”) has announced the enforcement of the statutory requirements relating to information to be disclosed on company business letters. The enforcement is based on the provisions of sections 304(1), 304(2) and 729(1)(c) of the Companies and Allied Matters Act (“CAMA”) 2020. Although …

Introduction In a significant policy shift that is set to reshape Nigeria’s financial services landscape, financial institutions and payment ecosystem participants have been directed by the Central Bank of Nigeria (“CBN”) to ensure that all payment transaction data generated within Nigeria are stored and managed …

Nigeria’s expanding population and growing awareness of financial and asset protection have created significant opportunities in the insurance sector. The insurance industry plays a vital role in Nigeria’s economy by providing financial protection against unforeseen risks and promoting confidence in commercial and personal transactions. Launching …

Introduction When parents plan their estate (whether in respect of moveable or immoveable assets), the age of their children is one of the fundamental considerations that requires proper legal guidance. Naturally, it should be a simple matter to buy assets in the name of one’s …

Under the Companies and Allied Act (“CAMA”) 2020, private companies in Nigeria may operate with a single shareholder. Section 18(2) of CAMA introduced the concept of single-member private companies, thereby removing the previous requirement that a private company must have at least two shareholders. This …

Filing annual returns is a mandatory requirement of the Corporate Affairs Commission (“CAC”) as it remains the only means by which the CAC remains informed about the status of the operational activity of a company in Nigeria. The CAC has made compliance with filing requirements …

Urban transportation in Nigeria has become technology-driven. Since e-hailing platforms such as Uber, Boltetc, emerged, the transportation sector in Nigeria has experienced an increase in local entrants. In a notable development, our client, FlexxyDrive Software Technologies International Limited (“FlexxyDrive”), has obtained regulatory approval to operate an e-hailing …

The importance of corporate governance cannot be overemphasized. Corporate governance plays the role of preserving corporate assets, promoting accountability and ensuring that those entrusted with management powers do not exploit their position for personal benefit. Directors control the company’s affairs. They influence financial decisions and …