Trends and Insights
The Proceeds of Crime (Recovery and Management) Act 2022: A Summary
Introduction Financial crime laws typically revolve around the trinity issues of money laundering, treatment of proceeds of crime, and criminalization of terrorist financing. The inclusion of treatment of proceeds of crime is premised mainly on the idea that criminal elements should not be allowed to benefit from their
An Overview of CBN’s Digital Financial Service Awareness Rules
Introduction Software is eating financial service delivery in Nigeria. Fintech is daily expanding its offerings to enhance customer satisfaction and leverage technological evolution. With these modern developments come problems such as consumer protection, financial exclusion due to insufficient literacy, increased exposure to fraud, etc. To address some of
Posts on Social Network Websites and Data Protection
Nigeria Data Protection Regulation 2019 (NDPR) was established to regulate the collection and processing of personal data of natural persons in Nigeria and Nigerian citizens outside Nigeria. Amongst other things, NDPR seeks to safeguard personal data and prevent the manipulation of same. The NDPR identifies posts on social
Drag-Along and Tag-Along Clause in a Shareholders Agreement
A shareholders agreement is an arrangement among shareholders describing the rights and obligations of shareholders and regulating the relationship between shareholders and management of a company. There is no legal requirement to have a shareholders agreement. Nevertheless, the Memorandum and Articles of Association (“Constitution”) of a company is
The Proceeds of Crime (Recovery and Management) Act 2022: A Summary
Introduction Financial crime laws typically revolve around the trinity issues of money laundering, treatment of proceeds of crime, and criminalization of terrorist financing. The
An Overview of CBN’s Digital Financial Service Awareness Rules
Introduction Software is eating financial service delivery in Nigeria. Fintech is daily expanding its offerings to enhance customer satisfaction and leverage technological evolution. With
Posts on Social Network Websites and Data Protection
Nigeria Data Protection Regulation 2019 (NDPR) was established to regulate the collection and processing of personal data of natural persons in Nigeria and Nigerian
Drag-Along and Tag-Along Clause in a Shareholders Agreement
A shareholders agreement is an arrangement among shareholders describing the rights and obligations of shareholders and regulating the relationship between shareholders and management of