Updates – Goldsmiths Solicitors Nigeria https://www.goldsmithsllp.com Goldsmiths Solicitors Nigeria Tue, 20 Jan 2026 08:04:34 +0000 en-US hourly 1 https://www.goldsmithsllp.com/wp-content/uploads/2025/05/cropped-Untitled-design-32x32.png Updates – Goldsmiths Solicitors Nigeria https://www.goldsmithsllp.com 32 32 Understanding The National Intellectual Property Policy and Strategy (NIPPS) 2025 https://www.goldsmithsllp.com/understanding-the-national-intellectual-property-policy-and-strategy-nipps-2025/?utm_source=rss&utm_medium=rss&utm_campaign=understanding-the-national-intellectual-property-policy-and-strategy-nipps-2025 Tue, 20 Jan 2026 07:32:11 +0000 https://www.goldsmithsllp.com/?p=9740
In a groundbreaking decision for Nigeria’s innovation landscape, the Federal Executive Council (FEC) approved the National Intellectual Property Policy and Strategy (NIPPS) in November 2025. This policy signifies a major transformation aimed at modernizing Nigeria’s intellectual property framework. It seeks to incorporate intellectual property into the larger digital transformation agenda and align with the Startup Act of 2022.
Read the full update or download the PDF here.
]]> Governance and Liability in AI-Driven Financial Services https://www.goldsmithsllp.com/governance-and-liability-in-ai-driven-financial-services/?utm_source=rss&utm_medium=rss&utm_campaign=governance-and-liability-in-ai-driven-financial-services Fri, 16 Jan 2026 07:15:03 +0000 https://www.goldsmithsllp.com/?p=9730
Global regulatory bodies are increasingly focusing on the “agentic AI” era, where autonomous systems handle credit decisioning, fraud detection, and transaction reconciliation without real-time human intervention.
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]]> Satellite Broadband and the Transition to Direct-to-Cell Connectivity. https://www.goldsmithsllp.com/satellite-broadband-and-the-transition-to-direct-to-cell-connectivity/?utm_source=rss&utm_medium=rss&utm_campaign=satellite-broadband-and-the-transition-to-direct-to-cell-connectivity Thu, 15 Jan 2026 06:55:14 +0000 https://www.goldsmithsllp.com/?p=9719
The Nigerian telecommunications industry is undergoing a substantial transformation as satellite-based internet services shift from being niche enterprise solutions to becoming mainstream consumer options. The Nigerian Communications Commission (NCC) plays a pivotal role in this evolution by actively licensing Non-Geostationary Orbit (NGSO) providers,
which is steering the market towards the implementation of “Direct-to-Cell” (D2C) technology.
Read the full update or download the PDF here.
]]> Global Protection for Genetic Resources & Traditional Knowledge https://www.goldsmithsllp.com/global-protection-for-genetic-resources-traditional-knowledge/?utm_source=rss&utm_medium=rss&utm_campaign=global-protection-for-genetic-resources-traditional-knowledge Tue, 13 Jan 2026 08:15:32 +0000 https://www.goldsmithsllp.com/?p=9704
A Significant Milestone in May 2024: The Adoption of the WIPO Treaty on Intellectual Property, Genetic Resources, and Associated Traditional Knowledge (GRATK).
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]]> Mandatory Tax ID Validation and Digital Reporting in Nigeria https://www.goldsmithsllp.com/mandatory-tax-id-validation-and-digital-reporting-in-nigeria/?utm_source=rss&utm_medium=rss&utm_campaign=mandatory-tax-id-validation-and-digital-reporting-in-nigeria Fri, 09 Jan 2026 20:15:25 +0000 https://www.goldsmithsllp.com/?p=9694
Effective January 1, 2026, the Nigeria Tax Administration Act (NTAA) heralds a transformative era of compliance for financial institutions. Pursuant to this legislation, banks and fintech companies are henceforth mandated to validate Tax Identification Numbers (TIN) for all individuals and corporate entities during the onboarding process, as well as for any subsequent account-related activities.
Read the full update or download the PDF here.
]]> Enforcement of Critical National Information Infrastructure Protections https://www.goldsmithsllp.com/enforcement-of-critical-national-information-infrastructure-protections/?utm_source=rss&utm_medium=rss&utm_campaign=enforcement-of-critical-national-information-infrastructure-protections Thu, 08 Jan 2026 08:50:57 +0000 https://www.goldsmithsllp.com/?p=9684
The governance of digital infrastructure in Nigeria has evolved from a reactive security stance to a proactive legal protection model through the “Designation and Protection of Critical National Information Infrastructure (CNII) Order.”
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]]> The Economic Value of Geographical Indications (GIs) in IP https://www.goldsmithsllp.com/the-economic-value-of-geographical-indications-gis-in-ip/?utm_source=rss&utm_medium=rss&utm_campaign=the-economic-value-of-geographical-indications-gis-in-ip Tue, 06 Jan 2026 07:30:04 +0000 https://www.goldsmithsllp.com/?p=9668
Following a global trend where regions protect the unique identity of their products, exemplified by Ghana officially granting Geographical Indication (GI) status to Kente cloth in September 2025; there is an intensifying policy push for a dedicated GI framework in Nigeria.
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]]> Nigerian Capital Market Transitions to T+2 Settlement Cycle https://www.goldsmithsllp.com/nigerian-capital-market-transitions-to-t2-settlement-cycle/?utm_source=rss&utm_medium=rss&utm_campaign=nigerian-capital-market-transitions-to-t2-settlement-cycle Fri, 02 Jan 2026 13:34:28 +0000 https://www.goldsmithsllp.com/?p=9658

The Nigerian capital market has achieved a significant milestone by transitioning its securities trading from a T+3 settlement cycle to a T+2 settlement cycle. To understand the importance of this change, it is helpful to first define these terms, which refer to the time it takes for a trade to be finalized.

Read the full update or download the PDF here.
]]> Protecting Product Formulation and Packaging Identity https://www.goldsmithsllp.com/protecting-product-formulation-and-packaging-identity/?utm_source=rss&utm_medium=rss&utm_campaign=protecting-product-formulation-and-packaging-identity Tue, 30 Dec 2025 11:23:08 +0000 https://www.goldsmithsllp.com/?p=9647

The Fast Moving Consumer Goods (FMCG) manufacturing sector in Nigeria operates on rapid turnover and razor-thin margins, making Intellectual Property protection for product differentiation critically important.

Read the full update or download the PDF here.
]]> Investments & Securities Act 2025 Regulates Digital Assets https://www.goldsmithsllp.com/investments-securities-act-2025-regulates-digital-assets/?utm_source=rss&utm_medium=rss&utm_campaign=investments-securities-act-2025-regulates-digital-assets Fri, 26 Dec 2025 10:33:21 +0000 https://www.goldsmithsllp.com/?p=9637

The Investments and Securities Act (ISA) 2025 has introduced a comprehensive and modern statutory architecture for the Nigerian capital market, with its most transformative provision being the formal inclusion of virtual and digital assets within the definition of “securities.”

Read the full update or download the PDF here.
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