On February 23, 2024, the Central Bank of Nigeria (the "CBN") issued a circular with reference number FPR/DIR/- PUB/CIR/002/006. The circular is titled "Revised Regulatory and Supervisory...
In the fast-paced world of Nigerian startups, securing financial support is a critical step toward growth. Many startups in Nigeria face the challenge of finding enough financial support...
In January 2021, the Securities Exchange Commission governed by the Investment and Securities Act, 2007 (as amended) released the "Crowdfunding Rules" or the "Rules" for the regulation of unregulated crowdfunding activities in Nigeria.
According to the International Monetary Fund (IMF), the principal role of banks is to "take in funds called deposits from those who need them, pool them and lend them to those who need funds."
