Category: Corporate Law

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 …

Nigeria’s payment sector has witnessed significant growth over the past decade. Driven by financial inclusion, the sector has experienced rapid technological innovations. As payments solutions expands, payment solutions companies must navigate a complex regulatory landscape and also maintain efficiency, security and consumer protection. The Central …

Licence renewal for Payment Service Providers (PSPs) and other Fintech companies is more than a routine regulatory requirement. It is a critical test of compliance, governance, and operational resilience. The Central Bank of Nigeria (CBN) uses the renewal process to assess the credibility and stability …

The Nigerian regulatory landscape continues to evolve rapidly. As the country deepens reforms across corporate governance, taxation, data protection, financial reporting, labour, and sector-specific licensing, businesses now face heightened regulatory scrutiny from regulators and more complex compliance burdens. Our prediction is that the enforcement climate …

The decision to wind up a company is a significant one, often marking the end of its corporate journey. In Nigeria, the winding up process is governed by the Companies and Allied Matters Act (CAMA) 2020, which provides a structured framework to ensure that a …

As Nigeria’s financial services landscape continues to evolve, regulatory compliance remains a cornerstone for sustainable operations. In line with this, moneylenders and digital lending platforms across the country are reminded of the mandatory annual renewal of their operational licences, a requirement that has become increasingly standardised across most states in Nigeria.  The …

The National Environmental Standards and Regulations Enforcement Agency (“NESREA”) is the federal body responsible for ensuring that companies carry out their operations cleanly in a way that does not harm the environment. Whether a company is running a small recycling company, a factory, or even …

Microfinance Banks (“MFBs”) plays a significant role in promoting financial inclusion by extending credit, and delivering essential banking services to low-income individuals, small businesses, and the informal economies. For investors who are passionate about financial inclusion, the process of obtaining the operational licence for MFBs …

As digital transformation sweeps across Africa’s financial sector, Ghana has taken a bold step to regulate and formalise online lending. With the rise of mobile technology and fintech innovation, access to credit has become less complex. Recognising the need for structure, the Bank of Ghana …

Individuals and small businesses. But with great growth comes great responsibility. To build a sustainable and trusted ecosystem, digital lenders must put people first and embed responsible practices at every step of the way. Below are what digital lending business must ensure in their operations: …