More
Сhoose

Author: Senator Ihenyen

Has the “cryptocurrency ban” in Nigeria been lifted?
Blockchain Technology Industry Insight Policy & Regulations June 30, 2023

Has the “cryptocurrency ban” in Nigeria been lifted?

Immediately after handover to President Bola Ahmed Tinubu on 29 May 2023, the news of a “cryptocurrency tax” in the country hit the public. This was not without its attendant breaking-news, eye-grabbing headlines.2 Understandably, many Nigerians appear to believe, albeit wrongly, that the Tinubu administration had introduced a “cryptocurrency tax” in Nigeria. This, as long as many saw it, signaled the acceptance of cryptocurrency by the Federal Government in Nigeria. Across the blogosphere, social media, and some traditional news channels, the news of how the Federal Government has finally lifted the “cryptocurrency ban” spread fast.3

The question is: Has the “cryptocurrency ban” in Nigeria been lifted?

Digital Money Lending and Loan Sharks: Complying with the new registration requirements in Nigeria
Industry Insight Regulatory Compliance March 16, 2023

Digital Money Lending and Loan Sharks: Complying with the new registration requirements in Nigeria

In this piece, I discuss the investigations of digital money lenders or loan apps and the regulatory measures taken by relevant regulators to curb loan sharks. For both existing and intending digital money lenders, requirements of the FCCPC Framework and deadline for obtaining FCCPC’s approval are also discussed. In addition to other applicable regulatory requirements for digital money lenders in Nigeria, digital money lenders are strongly encouraged to comply—and timeously too—with the registration regime introduced by the FCCPC.

This is America vs This is Nigeria—Has Falz infringed on Childish Gambino’s copyright?
Intellectual Property June 9, 2018

This is America vs This is Nigeria—Has Falz infringed on Childish Gambino’s copyright?

On IP Matters this week, let’s take a closer look at Falz’s now controversial song, ‘This is Nigeria’. Apparently inspired by ‘This is America’, a song by American rapper Childish Gambino, Falz released ‘This is Nigeria’ a few weeks after ‘This is America’.. Read more

Oracle v Google—Defence of fair use fails Google’s copyright-infringement act.
Intellectual Property April 7, 2018

Oracle v Google—Defence of fair use fails Google’s copyright-infringement act.

This week on IP Matters, it’s all about Oracle’s victory against Google at the United States Court of Appeal for the Federal Circuit in March 2018. Since 2010, this copyright-infringement case has refused to go away! Both Oracle and Google hardly.. Read more

Chinua Achebe: Google Doodle for Guru of African Prose
Updates & Headlines November 18, 2017

Chinua Achebe: Google Doodle for Guru of African Prose

On the day Chinua Achebe would have gotten a cake on his 87th birthday—16 November, the guru of African Prose got a doodle from Google.    Doodles are changes made to the Google logo to celebrate anniversaries, holidays, and the.. Read more

The Whistle Blowers Protection Bill: Thumbs Down on Data Protection & Privacy
IP & IT Advocacy Technology Law July 26, 2017

The Whistle Blowers Protection Bill: Thumbs Down on Data Protection & Privacy

The Nigeria Senate recently passed the Whistle Blowers Protection Bill. The Bill was passed to help ensure the safety of citizens who blow the whistle against public officers and public bodies that indulge in improper conducts. This is a welcome development. But what’s not welcomed about.. Read more

Africa and Intellectual Property: We will keep destroying the continent if ….
IP & IT Advocacy May 6, 2017

Africa and Intellectual Property: We will keep destroying the continent if ….

Africa will keep destroying itself if it continues to consume without creating, owning, or maximizing intellectual property for real development.   There are over 600 million young men and women in Africa. Up to 432 million of these young people.. Read more

Phishing in Cyber Waters
Technology Law April 25, 2017

Phishing in Cyber Waters

In 2015, phishing loomed as the biggest threat in Nigeria’s cyber waters.[1] The New Telegraph report claiming this relied on a cybersecurity report by Deloitte Nigeria.[2] In that report, Deloitte Nigeria predicted that “[t]he cybercrime of choice by majority of the Nigerian cyber criminals would be via social engineering. Intelligently crafted phishing emails and phone calls to naïve customers will increase.”