Recently, the Nigerian Notaries Public Act, 2023 was gazetted by the Nigerian Government with the Act taking over from the old law. The hallmark of the 2023 Act is the provision of digital and remote notarization of documents. Who is a Notary Public? A Notary Public in Nigeria for knowledge purposes is a legal practitioner …
The Notary Public Act 2023: A Positive Change To Notarial Services In Nigeria Read More »
Introduction On January 15, 2019, the Nigerian Federal government introduced the Nigerian Code of Corporate Governance in adherence to sections 11(c) and 51(c) of the Financial Reporting Council of Nigeria Act. Following extensive consultations with various stakeholders, the Financial Reporting Council of Nigeria, the regulatory authority with the necessary powers, published the code. The primary …
A Review of the Nigerian Code of Corporate Governance 2018 Read More »
Introduction The Nigerian government officially enacted the Nigeria Data Protection Act, 2023 on June 12, 2023. This Act represents a crucial milestone in Nigeria’s efforts to establish a comprehensive legal framework for safeguarding the personal data of individuals who live or conduct business within the country. Before the Act was put into effect, the Nigerian …
Nigeria Data Protection Act: The “Big Data” legislation for Businesses and Organisations Read More »
Fintech, which is an abbreviation for financial technology, pertains to the utilization of technology for the provision of financial services and products. As fintech companies expand and disrupt the conventional financial sector, regulatory frameworks globally are facing challenges in keeping up with the rapid pace of innovation. In recent times, numerous countries have implemented fresh …
Requirements For Fintech & Payment Solution License In Nigeria Read More »
Due to its significant role in the Nigerian economy, the banking industry has become highly competitive over time. As a result, ensuring the security of depositors’ funds has become crucial, which is directly linked to how these funds are managed. The management practices of financial institutions have a direct impact on their global reputation and …
