Procedure for Revocation of Trademark in Nigeria
Introduction Revocation of trademarks refers to the legal process of cancelling or removing a registered trademark from the official Trademark Register by the Registrar of Trademarks or the court. In…
Regulatory Compliance Checklist for Start-ups in Nigeria
Introduction Almost three years after The Start-up Act, was signed into law in Nigeria, the jury is still out as to whether or not it has made any difference at…
How to Obtain International Money Transfer Operators (IMTO) License from the Central Bank of Nigeria
Introduction An International Money Transfer Operator (IMTO) is a company approved by the Central Bank of Nigeria (CBN) to facilitate the transfer of funds from individuals or entities residing abroad…
Practical Tips on How to Obtain Sports Betting License in Lagos State, Nigeria
Introduction Following the emergence of online betting, the Nigerian gambling industry has experienced extraordinary growth in the past few years. This also followed the legalization of some forms of gambling…
How to Obtain Money Lenders License in Lagos State, Nigeria
Introduction With Nigeria being a leading Fintech hub in Africa, we have in last few years witnessed a surge in online money lending service. The operation of money lending business…
Practical Considerations on Registering Imported Products with National Agency for Food and Drugs Administration and Control (NAFDAC)
It is required that all food, drinks, drugs, chemicals, cosmetic products and medical devices whether imported or locally manufactured are registered with The National Agency for Food and Drugs Administration…
How to Obtain a Payment Solution Service Providers Licence in Nigeria
Introduction A Payment Solution Service Providers (PSSP) licence is a financial licence within the payments system which is issued by the Central Bank of Nigeria (CBN). A PSSP licence authorizes…
Goldsmiths Solicitors – Legal Recap for the Year 2022
Introduction 2022 has been an incredibly busy and exciting year in the Nigerian legal and regulatory environment. There were major and far-reaching changes ushered in by the regulatory authorities particularly…
Overview of the Central Bank of Nigeria (CBN) Guidelines for the Regulation and Supervision of Credit Guarantee Companies in Nigeria
On 28 March 2022, the Central Bank of Nigeria (CBN) issued the Guidelines for the Regulation and Supervision of Credit Guarantee Companies (CGCs) in Nigeria. The Guidelines are expected to…
Overview of the Central Bank of Nigeria Exposure Draft Guidelines for Credit Guarantee Companies in Nigeria
On 4 August 2021, the Central Bank of Nigeria (CBN) issued the Exposure Guidelines to regulate the activities of Credit Guarantee Companies (CGCs) in Nigeria. The Guidelines are expected to…