Validation of Loan Apps with the FCCPC in Nigeria
In Nigeria, money lending has evolved from the traditional banking system to a more flexible and technology-driven system. Money lending business in Nigeria is now characterized by loan apps. For...
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Permits, licenses and approvals
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How a foreigner can set up a company in Nigeria
Section 78 of the Companies and Allied Matters Act 2020, states that “…every foreign company which before or after the commencement of this Act was incorporated outside Nigeria, and having the intention of...
How to obtain CERPAC in Nigeria
CERPAC is the acronym for Combined Expatriate Residence Permit and Alien Card. This is a document issued to foreigners to legally live and work in Nigeria. An application for CERPAC can only be applied for...
How to apply for expatriate quota and business permit in Nigeria
Expatriate Quota This is an approval granted to registered firms or organizations to employ the services of expatriates for the purpose of training or enhancing the skills of Nigerians during the period of...
Monthly expatriate quota report requirement in Nigeria
What is a monthly expatriate report? The concept of Monthly Expatriate Report is used in reference to Expatriate Quota, which is granted to companies or organisations to enable them engage the services of...
What is CERPAC and when is it necessary in Nigeria?
What is CERPAC? CERPAC is an acronym that stands for Combined Expatriate Residence Permit and Aliens Card. It is a document that serves as a form of identification and authorisation for foreign nationals who...
Obtaining a Mobile Money Operating License in Nigeria
What is mobile money? Mobile money is a financial solution that allows users to send and receive money, as well as pay for goods and services with their phones without a bank account. It is also a...
How to set-up/register a Payment Service Solution Provider (PSSP) company in Nigeria
What Is a Payment Service Solution Provider (PSSP)? Payment Service Solution Providers in Nigeria are the collective number of firms that make up Nigeria’s primary e-payment framework that have been licensed...
How To Set Up/Register a Payment Service Provider (PTSP) company in Nigeria
A payment terminal service provider is a fintech company licensed by CBN which has the responsibility of providing POS terminals, its support and maintenance services to customers. Under the new license...
How to set up/register a Payment Solution Service Provider (PSSP) Company in Nigeria
Under the new license categorisation for Nigerian payment service providers issued by the Central Bank of Nigeria on the 9th of December, 2023, four categories were made to streamline the permissible...
Can a foreigner married to a Nigerian get Citizenship
Citizenship is a status that is legally granted to an individual by a state which enables said individual to enjoy the privileges and responsibilities that comes with that status. There are three ways in...
How a Foreign Man Married To a Nigerian Woman can Obtain Residence Permit In Nigeria
A Special Immigrant Status (SIS) is the approval given to foreigners that are married to Nigerian Women for the purpose of residing in Nigeria. To qualify for SIS, the applicant must have been married to a...
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