by Detail Commercial Solicitors | Jun 4, 2026 | Newsletters
Nigeria’s financial market is entering a new era with the introduction of the Nigerian Overnight Financing Rate (NOFR), a unified benchmark designed to provide a more accurate reflection of short-term funding costs and market conditions. This reform aims to improve... 
by Detail Commercial Solicitors | May 2, 2026 | Newsletters
Nigeria’s mini-grid framework has evolved alongside broader power sector reforms. The Nigerian Electricity Regulatory Commission (NERC) Mini-Grid Regulations 2016 established the regulatory foundation for mini-grids in Nigeria. The 2023 update to the regulation... 
by Detail Commercial Solicitors | Mar 30, 2026 | Newsletters
Over the last five years, the Nigerian Bureau De Change (BDC) sector has experienced different regulatory changes in the country’s foreign exchange market framework. The directive issued by the Central Bank of Nigeria (CBN) in February 2026, “Participation of Licensed... 
by Detail Commercial Solicitors | Mar 2, 2026 | Newsletters
The Securities and Exchange Commission (SEC) recently released a circular on the revision of the minimum capital applicable to all categories of regulated capital market entities. The circular was released to strengthen market resilience, enhance investor protection,... 
by Detail Commercial Solicitors | Jan 9, 2026 | Newsletters
Nigeria’s payment landscape is once again at a critical turning point. In response to recurring cash management challenges, POS network failures, and systemic vulnerabilities within the payments ecosystem, the Central Bank of Nigeria (CBN) has issued two significant...