The advancement in information and communication technology (ICT) has undoubtedly made gaming a part and parcel of a large spectrum of the Nigerian populace. In light of this, it is clearly evident that to fail to regulate and monitor the gaming sector, is to fold our hands and watch an important and potential revenue generating sector go to waste.
The NDPR is a welcome development in view of Nigeria’s conscious efforts at being awakened to its responsibilities as regards issues of data protection. Nigeria must be applauded for imbibing universal best practices as they relate to the various principles of data protection as evidenced by the similarities existing between the NDPR and the GDPR.
The Organisation for Economic Co-operation and Development (‘OECD’) identified the need for a multi-national approach to redefining PE, and proposed some models under their Base Erosion and Profit Sharing Projects (‘BEPS’).
Cryptocurrencies are not without their challenges however, for instance, they have exhibited periods of extreme volatility, which limits an asset’s ability to fulfill two of the classic functions of money to wit; to act as a stable store of value that people can hold and use predictably in the future, and to serve as a meaningful unit of account that can be used to assign a comparable value of goods and services.
Indeed, it is believed that Ponzi schemes and indeed all other fraudulent practices in breach of capital market rules can ideally be addressed by the deployment of Regtech systems that leverage advanced data analytics and artificial intelligence to generally identify suspicious financial dealings or activities on which such Ponzi schemes thrive.
Software licensing allows a Licensee to legally use software, the usage of which would otherwise have been a copyright breach. A software license grants usage rights to an end-user and defines the scope and extent to which an end-user can deploy the software of an owner subject to consideration.
The SEC would provide a FinTechs Assessment Form, to be filled by Fintechs ahead of time, from which the SEC would determine which platform/model falls in which phase.
A Review of the Proposed Sec Rules On Robo-Advisory Services. 01 Introduction The Securities and Exchange Commission of Nigeria, has rolled out a proposed rule…
The real estate professional understands the big picture. He or She knows that each individual transaction, no matter how big or small, has an economic effect that ripples far beyond the parties gathered around the table.