Adeola Oyinlade & Co Wins Nigeria Law Firm of the Year Award at the Lawyers Global Awards 2024 We are delighted to announce that Adeola Oyinlade & Co has been named the Nigeria Law Firm of the Year at the Lawyers Global 2024 Annual Legal Awards. The Lawyers Global announced the release of the 2024 […]
Introduction The mining industry in Nigeria is a significant contributor to the country’s GDP, with various players operating in this space. To engage in any mineral resource activities, companies or individuals must obtain the proper licenses and permits from the government. Meaning of Mining License A mining license is an official document or certificate granted […]
Introduction An oil and gas company is a business entity involved in the exploration, extraction, production, refining, and distribution of oil and gas resources. These companies play a crucial role in the global energy sector and can be categorised into different segments based on their operations. To start an oil and gas company in Nigeria, […]
Introduction Repatriation is the process of returning people, money, or heritage items to their home country or culture. In the financial sector, repatriation refers to the conversion or exchange of foreign currency into one’s native currency. Repatriation occurs when a taxpaying entity returns money generated abroad to its home nation. This can apply to a […]
Introduction Intellectual property (IP) rights are exclusive proprietary rights granted by law to the owners of innovative creations, such as inventions, literary/artistic works, and distinctive business identifiers. These rights provide legal protection against unauthorised use or exploitation of the IP. However, IP infringement remains a significant challenge in Nigeria, with widespread violations of copyrights, trademarks, […]
International Money Transfer Operator (IMTO) License in Nigeria: Procedure and Requirements under the Updated Guidelines Introduction An International Money Transfer Operator (IMTO) is a Central Bank of Nigeria (CBN)-approved firm that facilitates the transfer of monies from persons or entities residing outside of Nigeria to Nigerian nationals. IMTOs are in charge of receiving funds from […]
Introduction A bank license is a legal document that authorises a financial institution to operate as a bank and conduct banking activities. The bank license shows that the financial institution has met government regulations and requirements to protect its customers’ money and data. It indicates that the bank is safe and secure for customers to […]
Introduction Telecommunication licenses are indispensable for any entity wishing to provide communication services in Nigeria. The NCC is responsible for issuing these licenses, ensuring that operators comply with legal and regulatory standards. The licensing framework is designed to promote fair competition, protect consumers, and enhance the quality of telecommunication services. This article summaries the procedure […]
Types of Banking Licenses and Requirements for Grant of a Bank Operation License in Nigeria Meaning and Nature of Banking License A banking license is an official document or permit issued by the Central Bank of Nigeria (CBN) that grants legal permission for a financial institution to conduct banking business in Nigeria. The banking license […]
Introduction Financial technology, generally referred to as “Fintech”, is a thriving business that applies technology. Leveraging innovation to improve financial services, cut transaction costs, and increase access to financing. Smartphones enabled financial breakthroughs like mobile banking. Fintech is disrupting traditional financial markets, including capital market trade. The banking industry prioritizes technology innovation more than ever […]
Adeola Oyinlade & Co, International Law Firm of the Year in Nigeria – 2023 of Corporate INTL Global Awards
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