by Detail Solicitors | Nov 6, 2018 | Newsletters
On 5th October, 2018, the Central Bank of Nigeria (“CBN”), as part of its strategy of boosting the financial inclusion rate in Nigeria, exposed the draft Guidelines on Licensing and Regulation of Payment Service Banks (“PSBs”) with a view of ensuring that over 80% of...
by Detail Solicitors | Jul 6, 2018 | Newsletters
The Central Bank of Nigeria (CBN) and the People’s Bank of China (PBOC) executed a Foreign Currency Swap Agreement (FCSA) in May 2018, the purpose of which is to enable local Nigerian traders access the renminbi (RMB) under the FCSA. This below infographic...
by Detail Solicitors | May 4, 2018 | Newsletters
Background Across the globe, many countries, including China, South Africa and member states of the European Union have taken steps in recent years to tighten the legal framework for the protection of data and personal information within their respective...
by Detail Solicitors | Apr 11, 2018 | Newsletters
Introduction The growth of any nation’s economy is tied implicitly to the level and efficiency of its public infrastructure, principal amongst which is transportation. It is therefore imperative for every progressive nation to have a functional and efficient transport...
by Detail Solicitors | Mar 8, 2018 | Newsletters
Introduction On 2nd February 2018, the President of the Federal Republic of Nigeria, Muhammadu Buhari, signed the Presidential Executive Order 005, “Planning and Execution of Projects, Promotion of Nigerian Content in Contracts, Science, Engineering and Technology.”...
by Detail Solicitors | Dec 8, 2017 | Newsletters
INTRODUCTION On 15th May, 2017, the Federal Minister of Power, Works & Housing, Babatunde Raji Fashola, declared four categories of eligible customers in the Nigerian Electricity Supply Industry (NESI). By the declaration, electricity customers who fall within...