News We Have Rebranded! We are excited to announce that effective 1st April 2022, we have rebranded with a completely new look including a new logo, colour scheme and website! We would like to share the rationale behind the updates, and what they represent for PAC Solicitors. Over the last 24 years, our firm has …
Resources CBN Operational Guidelines for Licensing and Regulation of Payment Services Holding Companies INTRODUCTION On December 9, 2020, the CBN communicated new licence re-categorizations in the Nigerian Payments System to prevent co-mingling of payment services, enhance risk management measures and improve the efficiency of the Nigerian Payments System. This brief highlights salient provisions of the …
Resources Assessing The Impact Of COVID-19 On Employment Relationships The spread of the novel coronavirus (COVID-19) across the globe is a significant concern in the work environment. In Nigeria, businesses that provide non-essential services have been forced to shut down while those that provide essential services have to deal with operational challenges as the general …
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Resources Assessing the Impact of the EU General Data Protection Regulation (GDPR) on Businesses in Nigeria. Background In Europe, processing of personal data and the free movement of such data is currently governed by the 1995 European Directive (95/46/EC) (the Directive). Effective May 25, 2018, the Directive will be replaced by the General Data Protection …
Resources Promoting the Expansion of Nigerian IT Firms into other Countries. Introduction This document highlights corporate structures and legal risk issues that should be considered by a Nigerian IT firm seeking to expand into foreign target countries. Considering the complexity and divergence in business and legal provisions this brief considers crucial legal risk issues that might …
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Resources Spectrum Transfer in Nigeria: Examining the NCC Spectrum Trading Guidelines. Background The brief provides information on the spectrum licensing regime of the Nigerian Communications Commission (NCC) and evaluates options for transferring Access Spectrum License in Nigeria. The brief considers the approach of the NCC to the acquisition of a spectrum by an acquirer. The former …
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