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Solola & Akpana
The Restrictive and Trade Practices Regulation, 2022 was established to provide a regulatory framework for the implementation of Part VIII and some aspects of Part XIV of the Federal Competition and Consumer Protection Act, 2018 ...
Solola & Akpana
On December 27, 2023, the Federal Competition and Consumer Protection Commission (the "Commission", "FCCPC") imposed a fine of $110 million...
Tope Adebayo LP
Money lending has long historical roots and inancial technology has enabled the recent rise of digital lending platforms. These digital platforms provide quick and easy access...
Solola & Akpana
The Abuse of Dominance Regulations 2022 was made by the Federal Competition and Consumer Protection Commission in exercise of its powers under sections 17, 18 and 163 ...
Ovie Obobolo & Co.
The need for ease in businesses and transactions makes it necessary for individuals and business owners to access credit facility, that is, loan.
SimmonsCooper Partners
Africa's approach to enforcing competition law is experiencing a transformative shift, highlighted by the Federal Competition and Consumer Protection Commission (FCCPC)...
S.P.A. Ajibade & Co.
On 22nd December, 2023, the CBN issued the Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers to provide direction to financial institutions in respect of their banking relationship with VASPs in Nigeria.
S.P.A. Ajibade & Co.
The Federal Competition and Consumer Protection Commission as part of its continuing investigation and audit functions, established the Joint Regulatory and Enforcement Task Force ...
Pavestones Legal
The spotlight has been cast on Nigeria's merger and acquisition scene since 2021, owing largely to the increase of mergers and acquisitions (M&A) deals and increased activities by regulators...
S.P.A. Ajibade & Co.
The digital money lending landscape in Nigeria is still evolving, and challenges related to data privacy, regulatory frameworks, and over-indebtedness...
The Trusted Advisors
In our ever-evolving consumer-driven society, products of various kinds have become an integral part of our daily lives. From the most mundane household items to cutting-edge technological marvels...
Resolution Law Firm
The online money lending license in Nigeria is usually issued by a state government or Federal Capital Territory (FCT). There are 36 states and FCT and most of them are empowered...
Streamsowers & Kohn
The Nigerian financial services industry has experienced significant growth in the last couple of years, due largely to the entry of an increased number of Fintech companies into the market.
Banwo & Ighodalo
The Federal Competition and Consumer Protection Act 2018 ("FCCPA" or "the Act") is the primary legislation that governs and protects the rights of consumers and competition in Nigeria.
Pavestones Legal
Over the past few years, Digital Money Lenders ("DMLs") have become increasingly common in Nigeria, as traditional financial institutions have more stringent requirements for providing loans to customers.
S.P.A. Ajibade & Co.
The emergence of modern technology has transitioned the manual operation of various activities and sectors to an electronic and digital format, thereby rationalising and prioritising the convenience...
Resolution Law Firm
The primary law governing money lending in Nigeria is the Money Lenders Law of various states, which set out the licensing requirements and regulations for money lenders operating within the state.
The Trusted Advisors
In this digitalized era, there have been changes in the ways products and services are advertised. Companies, Startups, and Brands now use celebrities as ambassadors because they hope...
PUNUKA Attorneys & Solicitors
The regulatory oversight for mergers and acquisitions in Nigeria is vested in the Federal Competition and
Pavestones Legal
As stated in our previous article, the Federal Competition and Consumer Protection Commission (the FCCPC") on August 18, 2022, issued the "Limited Interim Regulatory/Registration Framework and Guidelines...
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