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…
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Goldsmiths Solicitors brings together lawyers from across all industry sectors and expertise to ignite conversation, make sense of the latest events and trends, and provide essential guidance on the opportunities and challenges facing clients today.
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…
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Goldsmiths Solicitors – Legal Recap for the Year 2024
Introduction 2024 saw significant changes in Nigeria’s legal and regulatory landscape, with notable developments across various sectors including financial services, oil and gas, energy, transportation, etc. Significant judicial decisions were…
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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…
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Navigating the Regulatory Requirements for Telemedicine Business in Nigeria
Introduction Telemedicine is the delivery of healthcare services remotely using information and communication technologies which allow real-time audio or audio-visual patient-health provider communication, diagnosis and treatment through laboratory tests and…
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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…
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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…
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What you Need to Know about the New Nigeria Expatriate Employment Levy
The Expatriate Employment Levy (EEL) handbook was recently issued by the Ministry of Interior and was launched by the Nigerian president, on 27 February 2024. The EEL is a government-mandated…
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Goldsmiths Solicitors – Legal Recap for the Year 2023
Introduction 2023 was election year in Nigeria. It therefore was no surprise that we saw a lot of activities in the legal space in Nigeria, not least in the enactment…
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Termination of Employment in Nigeria: Legal Considerations for Employers.
Introduction Like in all common law jurisdictions, relationships between employers and employees in Nigeria are primarily governed by their contracts of employment and any applicable employment laws for the time…
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What the Electricity Act 2023 Means for the Electricity Market and Stakeholders in Nigeria.
On 9th June 2023, President Bola Ahmed Tinubu signed the Electricity Act 2023 into law. Notwithstanding all the steps taken by previous governments and administrations, the Nigerian power sector continues…
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Better Late than Never: Nigeria Finally Passes the Data Protection Act
On 12 June 2023, the Nigeria Data Protection Act, 2023 (“the Act”) was signed into law by President Bola Ahmed Tinubu. The Act provides a legal framework for the protection…
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