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HOW TO REMOVE THE DIRECTOR OF A COMPANY IN NIGERIA

In Nigeria, the directors of a company are regulated by The Companies and Allied Matters Act (CAMA). Section 244(1) of CAMA 2020 defines a director as a person

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SEC GUIDELINES FOR SETTING UP A CROWDFUNDING PLATFORM IN NIGERIA

Crowdfunding is a form of financing that allows people or businesses to raise small amount of money in the form of donations, loans or investments from large numbers

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HOW TO START A ROBO ADVISORY SERVICE IN NIGERIA

Few years ago, if you needed to make financial investments, you had two options; do it yourself or work with investment advisers. However, the advent of robo-advisors has

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HOW TO START A DIGITAL LENDING BUSINESS IN NIGERIA

With the great surge in demand for fast and convenient access to credit facilities by both individuals and businesses across Africa, traditional lending institutions such as banks continue

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HOW TO SET UP A MICROFINANCE BANK IN NIGERIA

Microfinance Banks are mini banks licensed by the Central Bank of Nigeria (CBN) to carry on the business of microfinance services such as savings, loans, domestic fund transfers,

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HOW TO OBTAIN A PAYMENT SERVICE BANK (PSB) LICENSE FROM THE CBN

In other to enhance financial inclusion by increasing access to deposit and payment/remittance services to small businesses, low-income households and other financially excluded entities through high-volume/ low-value transactions

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CBN MOBILE MONEY LICENSE REQUIREMENTS

There is no doubt in our minds that the advent of mobile phones has opened consumers up to immense possibilities. From communications to financial transactions, our mobile phones

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CBN FINTECH LICENSE REQUIREMENTS FOR INTERNATIONAL MOBILE MONEY REMITTANCE SERVICES

Following the growth and explosion of cell phone ownership and usage across Africa since 2002, the potential of mobile phones as not just a tool for communication, but

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HOW TO SET UP INTERNATIONAL MONEY TRANSFER SERVICES IN NIGERIA

With Nigeria’s annual remittances predicated to be USD 34.89 billion in 2023, and with about USD 2.9 billion investment funds going to African startups, 62% of which went

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HOW TO CHANGE THE BUSINESS ACTIVITY OF A COMPANY

According to Section 44 of the Companies and Allied Matters Act, 2020, a company is not permitted to carry out business activities not included in the object clause

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