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Financial Technology (FinTech)

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The Nigerian Startup Act, 2022, Nigeria’s Bold Step to Encourage Innovation?

Business Advisory, Corporate & Commercial, Financial Services, Financial Technology (FinTech), Innovation and Technology, Investment Law, Startups and MSME Law, Taxation LawBy Colin EgemonyeNovember 4, 2022

The Nigerian Startup Act, 2022 (the Act) was signed into law on 19th October 2022 by President Muhammad Buhari. The core objectives of the Act are to boost digital operations…

Guidelines for Credit Guarantee Companies

Overview of the Central Bank of Nigeria Exposure Draft Guidelines for Credit Guarantee Companies in Nigeria

Banking and Finance Law, Capital Markets, Financial Services, Financial Technology (FinTech)By Colin EgemonyeSeptember 2, 2022

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…

The New Central Bank of Nigeria Regulatory Framework and Guidelines for Mobile Money Services in Nigeria

Banking and Finance Law, Financial Services, Financial Technology (FinTech)By Colin EgemonyeSeptember 2, 2022

On 9th July 2021, the Central Bank of Nigeria (CBN) released a single-document circular, setting out the framework and guidelines for the operations of Mobile Money Services in Nigeria (the Guidelines…

All you need to know about Nigerian Securities and Exchange Commission’s Regulatory Incubation Guidelines

Banking and Finance Law, Financial Services, Financial Technology (FinTech), Innovation and TechnologyBy Colin EgemonyeSeptember 2, 2022

On 16 June 2021, the Nigerian Securities and Exchange Commission (SEC) announced an imminent roll-out of an Incubation Programme called SEC Regulatory Incubation (RI) programme for FinTechs operating or seeking…

Goldsmiths Solicitors FinTech Webinar – Regulatory Conversations

Banking and Finance Law, Financial Services, Financial Technology (FinTech)By Colin EgemonyeSeptember 2, 2022

On 30 June 2021, Goldsmiths Solicitors in collaboration with Afriwise, held the first of its Webinar series which examined the regulatory issues for FinTech to be aware of when doing…

Before You Set Up That Fintech Company: Regulatory Requirements to Be Aware of in Nigeria

Banking and Finance Law, Financial Services, Financial Technology (FinTech), Innovation and TechnologyBy Colin EgemonyeAugust 6, 2022

In this Article, we shall identify what a FinTech Company is, the Regulatory bodies that control and regulate the FinTech sector in Nigeria and regulatory requirements for FinTech Companies in…

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