An overview of the Intersection between Digital Assets and Intellectual Property
INTRODUCTION The role of intellectual property legislation (IP) in protecting intangible creations cannot be overemphasized. It continues to aid the creative economy, spurring creativity and improving innovation, leading some to argue that intellectual property forms a core part of economic growth and prosperity. Considering the continuous evolution of the frontiers of science and technology and […]
CBN Guidelines for Licensing and Regulation of Payment Service Holding Companies (22pshc22)- The What; The Dos and The Do
INTRODUCTION There have been notable regulatory developments in the framework for financial technology (Fintech) in recent times in Nigeria. The Central Bank of Nigeria has issued several guidelines implementing its policies for regulating Fintech related services in the Nigerian financial sector. On August 3, 2021, the Central Bank of Nigeria (“CBN”) took another step furthering […]
Copyright Infringement in Esports and Gaming Content Creation: What Stakeholders in the Nigerian Online Gaming Industry Need to Know
Just recently, Twitch, a global leading streaming platform for gamers and game- related activities, announced that they have received over 1000 copyright claims relating to contents on the platform. Following the recent increase in the number of content creators and Esports enthusiasts in Nigeria, many of which host content on platforms like Twitch, we decided […]
The Securities and Exchange Commission’s Regulatory Incubation Program for Fintech Startups in Nigeria: A Summary.
Introduction: Recently, the Nigerian Securities and Exchange Commission (“SEC”) issued a circular introducing its Regulatory Incubation Program (“the Program”) for Financial Technology (“FinTech”) Companies.1. SEC describes the new regulation as an interim measure to aid the evolution of effective regulation. SEC aims to accommodate innovation by FinTech companies without compromising market integrity and investor confidence […]
Non-Fungible Tokens and Copyright-Understanding the Issues Affecting Copyright Ownership, and Infringement of Copyrightable Works Represented by Nfts
Introduction In a time where the central discourse surrounding blockchain technology concerns cryptocurrencies, Non-Fungible Tokens (“NFTs”) appear to have gained insuppressible traction. This class of tokens are not new in some sort; they have been around since at least 2017 when Dapper Labs experimented with selling NFTs for digital cartoons.1. What are NFTs, and How […]
Attracting Investments Through Corporate Governance: What Companies and Start-Ups Seeking Funding in Nigeria Need to Know.
Introduction: Corporate governance refers to the set or system of rules, practices, and processes that direct, controls, or determines a company’s operations and ensures balancing the various company stakeholder interests. i.e. shareholders/Investors, senior management executives, customers, suppliers, financiers, the government, and the community. A critical reason for corporate governance by companies, especially those seeking funding, […]
A Commentary on the CBN Guidelines for Licensing and Regulation of Payment Service Banks in Nigeria 2020
INTRODUCTION: In furtherance of its mandate to promote financial inclusion and following the recent advancements concerning the interplay between Financial Technology (Fintech) and access to financial services in the Nigerian Banking Sector, the Central Bank of Nigeria (CBN) recently reviewed and updated the 2018 Guidelines for Licensing and Regulation of Payment Service Banks in Nigeria […]
