Cash-In-Transit and Cash Processing Companies in Nigeria: Some Market Entry Considerations
The world is rapidly shifting into a cashless system. Even with this change, cash is still widely used in most countries, just like in Nigeria where it is the mainstay for a majority of its population of over 200 million people. This means that currency management services, especially with respect […]
Launching Your Startup? Legal and Commercial Considerations for Beginners
The global startup ecosystem is growing at fast pace. In Africa, it is faster than ever before. There is ever increasing innovation, and investors are ready to put in good capital to bring the next big innovation into profitability. This is largely influenced by growth in the global information technology […]
Legal and Market Entry Considerations For Investment in the Nigerian Mining and Solid Minerals Sector
Nigeria is a rich diverse country with a host of natural resources. It is a country with a lot of solid minerals, many of which are found in industrial quantities. With about 34 different solid minerals, the sheer size of Nigeria makes the prospect for exploration and mining of natural […]
Examining the CBN Guidelines on Payment Service Banks
In a bid to further its efforts at financial inclusion in Nigeria, the Central Bank of Nigeria (the “CBN“), pursuant to its powers in the Central Bank of Nigeria Act 2007 and the Banks and Other Financial Institutions Act 1991 (as amended), on October 5 2018 introduced the Draft Guidelines […]