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Regulatory Compliance

The Nigerian Startup Act 2022: Prospects for Startups in Nigeria and Potential Pitfalls
Regulatory Compliance Startup Law Startups Technology Law February 24, 2023

The Nigerian Startup Act 2022: Prospects for Startups in Nigeria and Potential Pitfalls

Gabriel Eze, Associate and Tobechukwu Ndunagu, Lead Associate Introduction According to Statista’s startup ecosystem index score, Nigeria is the second-leading country for startups after South Africa, with Lagos as one of the leading cities in Africa. By its February 2022.. Read more

A Rundown of Crypto Regulations Around the World in 2022
Blockchain Technology Regulatory Compliance Technology Law January 1, 2023

A Rundown of Crypto Regulations Around the World in 2022

Given the high rate of regulation in the preceding year, 2022 started on a promising note for the crypto industry, with a total market cap of $2.2 trillion on January 1. At the time of writing, global market cap is about $810 billion, representing a drop of over $1.3 trillion. This is huge. And this perhaps demonstrates why crypto regulation is vital. Consumer protection and investor safety must be safeguarded. Here’s a rundown of crypto regulations around the world in 2022.

International Businesses in the Digital Economy: Why Nigeria Adopted its Significant Economic Presence (SEP) Rules over OECD’s Corporate Tax Agreement
Corporate Law & Practice Industry Insight Regulatory Compliance Technology Law September 28, 2022

International Businesses in the Digital Economy: Why Nigeria Adopted its Significant Economic Presence (SEP) Rules over OECD’s Corporate Tax Agreement

In this article, Jude Ayua briefly highlights and discusses the provisions of the OECD framework on base erosion, profit sharing, and taxation of international businesses in the digital economy, the three reasons why the FIRS rejected it, and the four steps FIRS has taken to ensure that Nigeria’s revenue is not hurt by its decision.

Crowdfunding portals and digital commodities investment platforms in Nigeria: Before crowdfunding is crowded out
Industry Insight Regulatory Compliance Startups Tech Entrepreneurs June 4, 2021

Crowdfunding portals and digital commodities investment platforms in Nigeria: Before crowdfunding is crowded out

by Senator Ihenyen, Lead Partner   Download the PDF version here.   Introduction Crowdfunding today is no longer charity. It is serious business. And the ever-growing digital economy has been a big part of this. New business models as well as.. Read more

Deal or no deal, cryptocurrency transactions remain legal in Nigeria and environs.
Blockchain Technology Industry Insight Regulatory Compliance Technology Law August 6, 2020

Deal or no deal, cryptocurrency transactions remain legal in Nigeria and environs.

In the inaugural edition of Blockchain Street, we considered whether blockchain technology—a decentralized ledger technology which has been described as a ‘trustless technology’—can really solve the problem of trust in a centralized world. In the month of July, we consider the.. Read more

The Memorandum of Association under CAMA 1990 and CAMA 2004: Differences, Implications, and Related Matters
Regulatory Compliance July 22, 2019

The Memorandum of Association under CAMA 1990 and CAMA 2004: Differences, Implications, and Related Matters

by Cindy Madumere Introduction To ease the doing of business in Nigeria, one of the innovations of past and present administrations in Nigeria have been to amend the Companies and Allied Matters Act (CAMA) which governs corporate affairs in the.. Read more

Nigeria’s Journey to Richland: Turning things up a notch with the Federal Competition and Consumer Protection Act
Regulatory Compliance April 23, 2019

Nigeria’s Journey to Richland: Turning things up a notch with the Federal Competition and Consumer Protection Act

by Tobechukwu Ndunagu, Associate  Introduction Let’s imagine designing a country from scratch. Suppose the brief was to design ‘Richland’: a wealthy and prosperous country. What would be the chief characteristics you need to build into this country? What would a.. Read more

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