How to Register and Obtain a Digital Money Lending License in Nigeria

How to Register and License a Digital Money Lending Business in Nigeria

Digital money lending entails the provision of consumer loans through electronic channels to customers. Local and international investors can carry on the business of digital money lending in Nigeria subject to compliance with applicable laws and regulations. The provision of digital money lending services in Nigeria requires navigation and compliance with applicable legal requirements in…

NCC prior approval for transfer of shares in communications companies

Regulatory Update: Changes in Shareholding / Ownership Structure of Communications Companies in Nigeria

The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) issued a joint circular on 21st June 2026 on the requirements for the prior approval of NCC for changes in the shareholding or ownership structure of licensed communications companies in Nigeria. NCC is the regulatory authority responsible for the issuance of communications licenses, supervising…

Debt recovery in Nigeria for international creditors

Debt Recovery: How International Creditors Can Recover Debts in Nigeria

International trade and transactions including the supply of goods and services across international borders between parties residing or doing business in different countries often lead to commercial disputes. Due to increasing participation in international trade activities and transactions, it is not unusual for claims relating to breach of contract, failure to pay for goods or…

How to Register as a Data Controller or Data Processor with the Nigeria Data Protection Commission

Introduction The Nigeria Data Protection Act (NDPA), 2023 is the principal legislation regulating the processing of personal data in Nigeria. It established the Nigeria Data Protection Commission (NDPC) as the regulatory authority responsible for overseeing data protection compliance in Nigeria including the registration of Data Controllers and Data Processors of major importance. Further to the…