2024

Everything in life is governed by ethics and rules. The Practice of Law in Nigeria is particularly governed by certain principles and rules that govern how the practice is exercised, these principles and rules are provided for by virtue of the Rules of Professional Conduct, 2023 (RPC). Under Section 20 of the Legal Practitioners’ Act, […]

Introduction Nigeria’s data protection landscape evolved significantly with the enactment of the Nigeria Data Protection Regulation (NDPR). This framework established foundational principles for the processing of personal data, granting individuals robust rights over their information. However, a notable omission in the NDPR was the absence of the ‘legitimate interests’ concept as a lawful basis for […]

Introduction The rapid growth and expansion of financial technology, commonly known as fintech, in Nigeria has significantly contributed to the ease of financial transactions and increased financial inclusion. This progress is largely due to the ever-evolving world of technology, which has greatly improved access to financial services. However, for this personalised financial experience to be […]

IntroductionSmart contracts have recently emerged as a significant development in blockchain technology, an ever-evolving and fast-paced system. In simple terms, smart contracts are self-executing agreements between participants, represented by computer code within a blockchain network. While the concept of smart contracts is undeniably revolutionary, there are still questions and concerns about their enforceability within the […]

Introduction Nigeria has witnessed a meteoric rise in fintech innovation in recent years. The industry has disrupted traditional banking, offering a wider range of financial services to the unbanked and underbanked populations.[1] From mobile payments to digital lending, fintech has become an integral part of the Nigerian financial landscape. However, the rapid growth of fintech […]

Introduction Cybercrime is a global phenomenon that poses significant threats to the ecosystem and international reputation of affected nations. With the rapid expansion of internet usage across nearly every sector of society, the occurrence of cybercrime has become almost inevitable. Cybercrimes refer to illegal activities committed online using computers or networked devices as tools or […]

Introduction Anti-money laundering (AML) refers to a set of laws, policies, and procedures designed to combat money laundering activities and related crimes. Money laundering is a global issue, and many countries, including Nigeria, have long been striving to address this crime. In Nigeria, money laundering has raised great concern as it threatens the nation’s economy, […]

Introduction The Nigerian financial sector is undergoing rapid transformation due to the emergence of Fintech. These innovative companies are reshaping the way financial services are delivered. Central to this evolving landscape is the Central Bank of Nigeria (CBN), which plays a pivotal role in regulating and fostering the Fintech ecosystem.[1] This article examines the CBN’s […]

Financial Technology (Fintech) is simply the use of innovative technology for financial transactions and services.[i] Nigeria’s Fintech sector has experienced explosive growth, driven by innovative solutions that are reshaping the financial landscape. From mobile payments to digital lending and investment platforms, Fintech has become an integral part of everyday life for millions of Nigerians. Companies […]