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HIGHLIGHTS OF THE PETROLEUM INDUSTRY BILL AS PASSED BY THE NATIONAL ASSEMBLY

by Detail Commercial Solicitors | Jul 23, 2021 | Newsletters

HIGHLIGHTS OF THE PETROLEUM INDUSTRY BILL AS PASSED BY THE NATIONAL ASSEMBLY Since the enactment of the Petroleum Act in 1969 (now adjudged by industry experts to be outdated), particularly from 2008, successive governments in Nigeria have attempted to enact an...

NON-FUNGIBLE TOKENS AND LEGAL CONSIDERATIONS IN NIGERIA

by Detail Commercial Solicitors | Jul 16, 2021 | Newsletters

  NON-FUNGIBLE TOKENS AND LEGAL CONSIDERATIONS IN NIGERIA With the ongoing rave on the use, utility and acceptance of digital currencies and digital assets around the world, there have been a lot of innovations with the use of blockchain technology. More...

NBC, OTT Services, Social Media and Doing Business in Nigeria by Tech Companies

by Detail Solicitors | Jun 15, 2021 | Newsletters

NBC DIRECTIVE TO ONLINE BROADCASTING SERVICE PROVIDERS AND SOCIAL MEDIA PLATFORMS OPERATING IN NIGERIA On 10th June 2021, the National Broadcasting Commission (the “Commission”) published a directive in a newspaper advertorial directing all Online Broadcast Service...

NEW CBN LICENCING REQUIREMENTS FOR PAYMENT SERVICES

by Detail Solicitors | Jun 6, 2021 | Newsletters

FILE PHOTO: Central Bank of Nigeria’s logo is seen on the headquarters building in Abuja, Nigeria January 22, 2018. REUTERS/Afolabi Sotunde/File Photo – RC1E81C7FA80In line with the Central Bank of Nigeria’s (CBN) commitment to promote a strong and...

SEC REGULATORY DEADLINE FOR CROWDFUNDING PLATFORMS

by Detail Solicitors | Jun 2, 2021 | Newsletters

Pursuant to a statement dated 26th May 2021, issued by the Securities and Exchange Commission (SEC), all existing investment crowdfunding portals/digital commodities investment platforms (“Platforms”) are required to comply with the registration requirements and...

SEC’S REGULATIONS ON DIGITAL SUB-BROKERS – CLARITY FOR ONLINE INVESTMENT AND TRADING PLATFORMS IN NIGERIA

by Detail Solicitors | May 21, 2021 | Newsletters

BACKGROUND In our newsletter on “SEC’S Directive To Online Investment And Trading Platforms in Nigeria – The Way Forward” (the “Newsletter”), we had analyzed the Securities and Exchange Commission’s (“SEC”) Press Release dated 8th April, 2021 on the Proliferation of...
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