CBN Sets August 2025 Launch for Open Banking Framework

CBN Sets August 2025 Launch for Open Banking Framework Preem & Partners | 30th April, 2025 Linkedin Instagram X-twitter The Central Bank of Nigeria [CBN] has announced that its open banking framework will officially go live in August 2025, marking a significant milestone in the country’s financial sector. This initiative positions Nigeria as the first […]

Nigerian Tribunal Upholds FCCPC’s $220 Million Fine Against Meta and WhatsApp

Nigerian Tribunal Upholds FCCPC’s $220 Million Fine Against Meta and WhatsApp Preem & Partners | 26th April, 2025 Linkedin Instagram X-twitter In a ruling delivered on Friday, the 25th of April, 2025, the Competition and Consumer Protection Tribunal [“the Tribunal”] affirmed the Federal Competition and Consumer Protection Commission’s [“FCCPC” or the “Commission”] imposition of a […]

The Presidency Signs into Law the Investment and Securities Act, 2025​

The Presidency Signs into Law the Investment and Securities Act, 2025 Preem & Partners | 29th March, 2025 Linkedin Instagram X-twitter In a move poised to redefine Nigeria’s capital market, President Bola Ahmed Tinubu has signed the Investment and Securities Act, 2025 into law. This legislation, which repeals and replaces the Investment and Securities Act […]

Nigeria’s PENCOM Introduces New Directive on Pension Benefits Processing

Nigeria’s PENCOM Introduces New Directive on Pension Benefits Processing Preem & Partners | 25th March, 2025 Linkedin Instagram X-twitter On the 12th day of March, 2025, the National Pension Commission [“PENCOM” or “the Commission”] by a circular, announced the introduction of a new directive, one that permits Pension Fund Administrators [“PFAs”] to process and disburse […]

Campfires Rebrands to Preem & Partners LLP

Campfires Rebrands to Preem & Partners LLP Preem & Partners | 12th December, 2024 Linkedin Instagram X-twitter Campfires Law Firm has officially completed its rebranding process, unveiling its new identity as Preem & Partners LLP. The rebrand, which was not in public glare, marks a pivotal moment in the firm’s journey, signaling its commitment to […]

The Central Bank of Nigeria Announces the Recapitalisation of the Banking Sector

The Central Bank of Nigeria Announces the Recapitalisation of the Banking Sector Preem & Partners | 28th March, 2024 Linkedin Instagram X-twitter The Central Bank of Nigeria (CBN), in a circular released and dated March 28, 2024, reviewed upwards the minimum capital requirement for commercial, merchant, and non-interest banks in Nigeria. The circular has the […]

Companies with Foreign Participation in Nigeria to Comply with N100,000,000 Minimum Share Capital Requirement

Companies with Foreign Participation in Nigeria to Comply with N100,000,000 Minimum Share Capital Requirement Preem & Partners | 7th December, 2023 Linkedin Instagram X-twitter On the 5th of December, 2023, the Corporate Affairs Commission [the Commission] released a public notice stipulating that companies involving foreign participation must now maintain a minimum paid-up capital of N100,000,000 […]

Campfires Law Firm Attains Dispute Resolution Feat

Campfires Law Firm Attains Dispute Resolution Feat Preem & Partners | 25th October, 2023 Linkedin Instagram X-twitter In recent months, Campfires Law Firm [now Preem & Partners LLP] achieved notable successes in its Dispute Resolution team. In July, 2023, our dispute resolution team secured a significant victory in the courtroom at the Rivers State High […]

Universal Music Group Acquires Majority Stake in Mavin Global

Universal Music Group Acquires Majority Stake in Mavin Global Preem & Partners | 27th February, 2024 Linkedin Instagram X-twitter On the 26th of February, 2024, Universal Music Group [“UMG”], a prominent name in music-based entertainment, disclosed its majority investment in Mavin Global [popular as “Mavin Records” or “Mavin”], a Nigerian-based premier record label for afro-beats […]