On March 20, 2025, the Nigeria Data Protection Commission (the “NDPC”) took a significant step toward deepening regulatory clarity and enforcement with the issuance of the Nigeria Data Protection Act General Application and Implementation Directive, 2025 (the “NDP ACT, GAID […]
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Introduction Recent developments in U.S. foreign aid policies, particularly under the U.S. Agency for International Development (USAID), have significant implications for Nigerian entities. Structural reforms driven by the Department of Government Efficiency (DOGE) have triggered changes that threaten the stability […]
DIGITALIZATION OF VISA APPLICATIONS IN NIGERIA Effective March 1, 2025, visa applications in Nigeria will transition to an online-only system, as announced by the Minister of Interior, Dr. Olubunmi Tinji-Ojo, during an XX Spaces session on January 20, 2025. The […]
Overview Famsville is pleased to present an in-depth review of the latest updates in immigration law. This briefing focuses on significant changes in visa processing, eligibility criteria, and compliance obligations. Staying current with these developments empowers clients to navigate the […]
In this edition, we discuss important updates issued by key regulators in the financial services sector. This month, the Central Bank of Nigeria (the “CBN”) and the Securities and Exchange Commission (the “SEC”) issued several guidelines and market updates. We […]
Matrimonial proceedings in Nigeria are governed by the Matrimonial Causes Act of 1970. Typically, when a marriage between a couple is dissolved, several key issues or considerations may arise as a result of the dissolution. These considerations, often referred to […]
Introduction In 2022, Nigeria scored 2.15 points on the Startup Ecosystem Index, positioning it 61st out of 100 countries globally and making it the second-leading startup hub in Africa[1], trailing only South Africa. Without a doubt, Nigeria is rapidly establishing […]
The Comptroller of the Nigerian Immigration Service (NIS), Rivers State Command, James Sunday, PCC, talking to the business community through a media chat, has assured expatriates and foreign investors residing or conducting business in Rivers State of their safety and […]
The current state of the foreign exchange market in Nigeria has made every investor apprehensive. Cautious foreign investors continue to withdraw their investments, and those daring enough to invest in Nigeria do not have veritable solutions to their concerns on […]
The Money Laundering (Prevention and Prohibition) Act 2022 (“the Act”) is modelled on the Money Laundering (Prohibition) Act 2011 (As Amended). The Act secured the assent of the President Muhammadu Buhari on 12th May 2022 repealing the old law, Money […]
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