Tag: company registration

1. Introduction The global pandemic of 2020 introduced the world to the increasing importance of digital banking and other online financial services. Thereafter, experts projected that digital banking users will rise to 3.6 Billion globally. Nigeria, for instance, recorded 3.7 Billion real-time transactions 2021, ranking …

Real estate is a viable business sector in Nigeria largely because of the enabling regulatory environment, large expanse of land and huge deficit in housing development vis-a-vis the population of the nation (about 20 million housing units as at October 2021). According to This Day …

According to the records of the Nigeria Inter-Bank Settlement System Plc (“NIBSS”) as of July 2021, there are 986,252 registered PoS terminals in Nigeria. But the total number of deployed PoS terminals as of January 2023 was 955,234. Although unconfirmed report shows that there are over …

Information technology has greatly improved not only the means of disseminating information but has also galvanized innovations in the ways products and services are delivered in the financial service industry. For instance, a new crop of business has emerged in the insurance sector acting as …

The meetings of every company in Nigeria are a matter of law, the Company and Allied Matters Act 2020 (“CAMA”). All directors and shareholders of a company need to be abreast of their obligations in terms of the mandatory meetings that a company must hold …

The Central Bank of Nigeria (“CBN”) has issued our Client, LibertyPay Limited, a fintech company in Nigeria, a Payment Solutions Service Licence to operate agency banking business in the country. Super-Agents are Fintech companies with the lowest capital requirement threshold (being N50 Million) in the …

There is major development on the Corporate Affair Commission (“CAC”) online portal which sets a new tune in the registration of companies in Nigeria. The CAC portal is now linked with the National Identity Management Commission (“NIMC”) portal to enforce the use of the National …

Introduction As you commence your entrepreneurship journey into the year 2023, we thought it would be helpful to highlight some of the small and medium businesses in Nigeria which, in our view, have topmost potentials. We have compiled the list based on the frequency of …

Introduction In Rwanda, Non-Deposit Taking Lending Financial Institutions (NDFI) are legal entities that regularly and principally performs financial services in the form of non-deposit taking lending services or related financial services. Unlike other financial institutions such as Banks and micro finance institutions, they do not …

The financial sector in Ghana has grown rapidly since 2010 and continues to evolve with the aid of technology. Fintech businesses in Ghana span the insurance, agriculture, banking and investment sectors. The number of Ghanaians with access to formal financial services has equally improved considerably. …