Regulatory Compliance Checklist for Start-ups in Nigeria
Almost three years after The Start-up Act, was signed into law in Nigeria, the jury is still out as to whether or not it has made any difference at enhancing…
How to Obtain International Money Transfer Operators (IMTO) License from the Central Bank of Nigeria
An International Money Transfer Operator (IMTO) is a company approved by the Central Bank of Nigeria (CBN) to facilitate the transfer of funds from individuals or entities residing abroad to…
Goldsmiths Solicitors – Legal Recap for the Year 2024
This Legal Recap for 2024 offers a comprehensive overview of the most significant legal, regulatory, and judicial developments in Nigeria. In 2024, Nigeria’s legal landscape experienced major transformations, with notable…
Navigating the Regulatory Requirements for Telemedicine Business in Nigeria
Navigating the regulatory requirements for telemedicine businesses in Nigeria is crucial for entrepreneurs and healthcare providers aiming to offer remote medical services. Telemedicine which involves the delivery of healthcare services remotely…
How to Obtain Money Lenders License in Lagos State, Nigeria
A money lender looking to operate in Nigeria must navigate a regulated framework that governs loan services across the country. With Nigeria being a leading Fintech hub in Africa, we…
Practical Considerations on Registering Imported Products with National Agency for Food and Drugs Administration and Control (NAFDAC)
It is required that all food, drinks, drugs, chemicals, cosmetic products and medical devices whether imported or locally manufactured are registered with The National Agency for Food and Drugs Administration…
Goldsmiths Solicitors – Legal Recap for the Year 2023
2023 was election year in Nigeria. It therefore was no surprise that we saw a lot of activities in the legal space in Nigeria, not least in the enactment of new laws, handing down of judicial decisions and the like. In our 2023 legal recap, we have highlighted some of the major legal, regulatory, and judicial changes that occurred. This recap is divided into four parts representing four quarters of the year. In each quarter, we deal with all the major legal changes that occurred therein.
What the Electricity Act 2023 Means for the Electricity Market and Stakeholders in Nigeria.
On 9th June 2023, President Bola Ahmed Tinubu signed the Electricity Act 2023 into law. Notwithstanding all the steps taken by previous governments and administrations, the Nigerian power sector continues…
Better Late than Never: Nigeria Finally Passes the Data Protection Act
On 12 June 2023, the Nigeria Data Protection Act, 2023 (“the Act”) was signed into law by President Bola Ahmed Tinubu. The Act provides a legal framework for the protection…
Trademarks in Nigeria: Registration, Infringement and Enforcement
A Trademark is a unique sign or mark that distinguishes the goods and services of one business from another. A mark can either be a device, brand, heading, label, ticket, name, signature, word, letter, numeral, or any combination thereof. Most businesses, companies or organizations have distinctive marks that sets them apart from other businesses.