The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…
n “Approval in Principle”, according to SEC Nigeria, means “preliminary authorization given to eligible applicants to operate within the confines of the ARIP pending final registration by the Commission.” This…
Finally, a ‘Framework on Accelerated Regulatory Incubation Program (ARIP) for the Onboarding of Virtual Assets Service Providers (VASPs)’ has just been issued by the Securities and Exchange Commission (SEC).
Described as…
By Jude Ayua
Following media reports of the Nigerian government’s order on 22 February 2024 to telecommunications companies (telcos) and other internet service providers (ISPs) in the country to block access…
The well over 2-year-long ‘crypto ban’ in Nigeria has now been lifted by the Central Bank of Nigeria (CBN). In a new ‘Guidelines on Operations of Bank Accounts for Virtual…