Category: Publications

A charitable organization or non-governmental organisation (“NGO”) can be registered in Nigeria as either a Company Limited by Guarantee (“Ltd/Gte”) or an Incorporated Trustee (“IT”) depending on the intentions of its promoters and the intended scope of operations. The registration of business entities and NGOs …

Why set up a digital lending business in Rwanda? There is a promising future for the Rwandan digital economy and the spending habits of the Rwandans as well as stable democratic regime, ease of doing business policies and the government’s impressive drive towards technology infrastructural …

The Central Bank of Nigeria (“CBN”) has granted an Approval-In-Principle (“AIP“) to Appglobal Technologies Limited, a fintech company in Nigeria, to operate three types of payment services or businesses under the Payment Solutions Service Licence Category. The CBN is the apex regulator of the Nigeria’s …

Lagos is the economic hub of Nigeria with over 20 million people with proximity to the Atlantic Ocean and attracting a huge surge of in human movement from various parts of the world to Lagos State. Lagos State has identified the need for ride-hailing car …

As businesses strive to distinguish themselves in the marketplace, the risk of deceptive practices (knowingly or unknowingly) by competitors increases. The intellectual property law offers protection to registered trade mark. However, owners of unregistered trade mark are not without some remedies if their mark has …

The hallmark of trademark is a grant of certain right(s) to proprietors of a given product or band in the market to the exclusion of other competitors from making use of a sign, symbol or slogan with which the product is identified. Distinctiveness is the …

Can a foreigner fully own a company in Nigeria? Yes. Foreigners are now free to set up and fully own a company in Nigeria in several sectors of business with zero or minimal restrictions except for those businesses on the Negative List. Except for some …

The Nigerian financial services sector is highly regulated with a gamut of legislative and other subsidiary legislations binding operators. The Central Bank of Nigeria (“CBN”) is the apex bank and main regulator for licencing and supervising financial services companies including Fintech businesses. In Nigeria, no …

Cross-border payment services in Nigeria are regulated by the Central Bank of Nigeria (CBN), the apex bank in charge of the financial services regulation in the country. The International Money Transfer Operators (“IMTO”) licence of the CBN is required for the provision of cross-border payment …

Trademark, in a simple term, is a word, symbol, device, or any combination used to identify a particular product thereby distinguishing it from other products. It confers a legal right on the holder and prohibits others from making use of that particular word or symbol …