Regulation & Compliance

Regulation & Compliance

Concise updates on what’s new in this area of the law, and what it could mean for your business.

Nigeria’s Proposed Rules on Digital and Virtual Assets

The SEC’s proposed Rules on Digital and Virtual Assets Operations, Custody and Markets 2026 would replace every existing rule in the space. We review the registration categories, capital adequacy thresholds and conduct standards, and what they mean for operators.

FG’s Directive to Harmonise the Regulation of Internet Platforms in Nigeria: Implications for Digital Businesses

The Federal Ministry of Communications, Innovation and Digital Economy has directed the NCC, NITDA and NDPC to harmonise how internet platforms are regulated. We examine whether the directive can coordinate the regulators without displacing their statutory powers.

Nigeria’s National Digital Cloud Policy 2026: Legal Implications, Compliance Obligations and Prospects

The National Digital Cloud Policy 2026 replaces the 2019 policy and shifts the focus to domestic infrastructure and data sovereignty. We consider its legal status, the sovereign data classification levels, and what cloud providers and enterprises should do next.

An Overview of Nigeria’s Cybersecurity and Data Protection Laws

Cybersecurity and data protection compliance in Nigeria is no longer a matter of corporate discretion. This update walks through the Cybercrimes Act, the Nigeria Data Protection Act 2023 and the sectoral rules, and the obligations each places on organisations.

CBN’s 2026 Payments System Circular on Data Localisation, Market Structure, Beneficial Ownership and Regulatory Oversight: Considerations for Operators

The CBN’s June 2026 payments system circular tightens market structure limits, requires payment transaction data to be stored and managed in Nigeria, and introduces ultimate beneficial ownership disclosure. We set out what operators must now do.