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16 Nov Financial Inclusion in Nigeria – Central Bank of Nigeria (CBN) Guidelines for Licensing & Regulation of Payment Service Banks (PSB) in Nigeria

In its 2012 National Financial Inclusion Strategy (NFIS), the CBN defined financial inclusion as “…when adult Nigerians have easy access to a broad range of formal financial services that meet their needs at an affordable cost.” These services may include payments, savings, loans, insurance, and pension...

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31 Oct Alternative Forms of Business Finance in Nigeria

Businesses often fail due to a lack of funding for growth in areas of operations, business equipment, marketing etc. Financing a business is often difficult for business owners as there are varying options available to capitalize or finance a company, each having its own nuances...

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17 Oct Requirements for Initial Public Offering

  A Public Offering is an invitation to the general public to subscribe or purchase securities of a company. This takes the form of Initial Public Offering (IPO) & Subsequent Public Offering (SPO). Our main focus in this snippet will be on Initial Public Offering. An Initial...

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09 Oct Wills and Probate Practice in Nigeria

When a person dies, their estate (assets) devolves on their survivors in the following order; spouse, children, parents, siblings, or extended family. However, where such person executes a Will before his death, the assets will be distributed according to the wishes of the deceased. This article...

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31 Aug Key Elements of a Due Diligence Report

In our previous post on importance of Legal due diligence, we mentioned that a Due Diligence is the process of collecting, understanding and assessing all the risks associated with a transaction. It is an investigation into a business by reviewing documents, collating information and ascertaining...

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04 Jul The Highlights of Corporate Insolvency in Nigeria

Insolvency is the inability of a natural or legal entity to pay debt owed to third parties. This usually occurs when the entity’s liabilities outweigh its assets and it may result in threats from creditors and the subsequent consideration of corporate restructuring. Insolvency generally is regulated...

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