Mr Adeniji Kazeem, the former Lagos State Attorney General and Commissioner for Justice, is set to launch a new book on electronic transactions in Nigeria.
The book titled ‘The Nigerian Law of Electronic Transactions’ will be unveiled on Tuesday in Lagos.
According to Adeniji Kazeem & Co. on Thursday, the predominance of electronic transactions in the 21st century and the need to understand the legal framework that governs it is the central theme of the book.
In the preface of the book, Kazeem, said, “In today’s digital age, electronic transactions have revolutionised the way we conduct business and manage our financial lives.
“From online banking and mobile payments to cryptocurrencies and blockchain technology, the landscape of electronic transactions is constantly evolving. As we navigate the digital economic landscape, it is essential to understand the legal framework that governs electronic transactions.”
Kazeem said, any country including Nigeria wishing to prosper and benefit from the wealth of the global village must continue to create an enabling environment and enact laws for Electronic transitions to thrive.
“Nigeria appears to be moving in the right direction with the various levels of activity occurring in its digital space, but there is room for improvement and this work aims to further catalyse that process.”
Mr. Lateef Fagbemi, Attorney-General of the Federation and Minister of Justice, SAN, will chair the public presentation of the book. At the same time, former Federal Commissioner of Works, Alhaji Femi Okunnu, SAN, will be the Special Guest of Honour.
Electronic payment transactions in Nigeria witnessed a remarkable growth in the first quarter of 2024, hitting a total of N234tn indicating an 89.3 per cent increase from the N123. 8tn recorded in the same period in 2023.
