The CBN Agent Banking Guidelines 2025: Key Innovations and Regulatory Implications
Introduction On almost every street in Lagos — and indeed across Nigeria — you will find a sign that reads “POS services here.” Someone usually sits behind that sign and the person and or business is authorised by a bank or licensed financial institution[1] to provide basic financial services to customers. These service providers, known […]
Review of the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulation 2025
Introduction On 21st July 2025, the Federal Competition and Consumer Protection Commission (“FCCPC”, the “Commission”) in a bid to strengthen its regulatory oversight on Consumer Lending Services[1] introduced the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025 (the “Regulations”). The Regulations seek to address the rapid growth of digital and non-traditional lending platforms in […]
Oluwayanmife Egbeniran – My Internship Experience at TNP
My internship at TNP lasted for two months, and I can confidently say it was one of the most impactful periods of my life. Within that short time, I learned lessons and developed habits that I know will continue to shape me long after the internship. One of the first things that stood out to […]
Oluwasemilore Ogunsakin – My Internship Experience at TNP
I spent three weeks interning at TNP, and it turned out to be a very rewarding experience. It gave me the chance to see firsthand what legal practice really looks like on a daily basis. One of the things that stood out to me right away was how much importance the firm places on detail. […]
Review of the Nigeria Insurance Industry Reform Act 2025
Introduction In August 2025, President Bola Ahmed Tinubu signed the Nigeria Insurance Industry Reform Act 2025 (the “Act”) into law. The Act repealed the Insurance Act 2003, and previous legislations regulating the insurance industry which are: the Marine Insurance Act, Motor Vehicles (Third Party Insurance) Act, National Insurance Corporation of Nigeria Act, and the Nigeria […]
Enforcement of Judgments – Financial Institutions and Garnishee Proceedings
At the conclusion of a matter in court, the court arrives at a judgment on the issues presented to it for determination. A successful party is afforded the opportunity under applicable law to enforce the same. While a successful party to a legal action (“Judgment Creditor in Garnishee Proceedings”) deserves to reap the fruit of […]
Nigeria Tax Act (NTA) 2025 – Key Highlights for Manufacturing Businesses
On 26th June 2025, President Bola Ahmed Tinubu assented to the following Acts; the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue Board of Nigeria (Establishment) Act, (together “the Tax Reform Acts”) which are to take effect from 1st January 2026. We have highlighted below […]
Nigeria’s New Tax Laws: A Paradigm Shift in the Right Direction
In an attempt to modernize and unify the legal and institutional framework of taxation in Nigeria and address the several inefficiencies within the system, President Bola Ahmed Tinubu assented to the enactment of the following Acts; the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue […]
IP Securitisation in Nigeria – A New Frontier
Nigeria’s economy is witnessing a surge in innovation, particularly its entertainment and technology sectors. However, creatives and startups can sometimes face significant challenges in accessing traditional financing leveraging their craft, due to the intangible nature of their primary assets. In this context, Intellectual Property (IP) securitisation presents a promising solution, and can enable businesses to […]
Nigeria’s Investments and Securities Act 2025: A New Era for Capital Markets
The Investments and Securities Act 2025 (“ISA 2025”) was assented to on 31st March 2025 by President Bola Ahmed Tinubu. It repealed the Investment and Securities Act of 2007 (“ISA 2007”). The new legislation was driven by the need to align Nigeria’s capital market with global standards and reflect the changing investment landscape, including the evolvement […]
