Tag: Finance company Koriat lawyers Koriat and co

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 …

As part of African countries’ efforts to open the region to economic opportunities, Ghana has taken a bold step to formalise the regulatory framework for operating online lending business. The Bank of Ghana (BoG) last year introduced the Directive for Digital Credit Services Providers 2025, …

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 …

The General Application and Implementation Directive 2025 (GAID 2025) was issued under the Nigeria Data Protection Act, 2023 (the NDP Act). The Directive came into force on 20 March 2025 and became fully effective on 19 September 2025. The purpose of the GAID is simple, …

FINANCIAL SERVICE COMPANY IN RWANDA FOR SALE!!! A Non-Deposit Taking Financial Service Provider (Money Lending Company), operating with Provisional Approval from the National Bank of Rwanda, is currently available for acquisition.This entity offers a structured framework, regulatory alignment, and a strong foundation for investors seeking …

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 Gambling Control Act, 2025 (Act No. 14 of 2025) (“the Act”) was signed into law on 7 August 2025 and took effect on 20 August 2025. It replaces the Betting, Lotteries and Gaming Act (Cap. 131). This new law creates an updated system for regulating gambling …

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 …