The Nigerian Law of Electronic Transactions is a significant and timely contribution, offering a comprehensive overview of the laws governing electronic transactions in Nigeria.
The book serves as a much-needed compendium of relevant laws, addressing a critical gap in understanding the legalities that underpin the use of technology in business and financial transactions. For instance, the Cybersecurity Act, which gained notoriety during my review, highlighted gaps in practical application despite its comprehensive coverage.
A particularly compelling section of the book deals with contracts and the notion of consent in electronic transactions. The discussion around what constitutes consent, particularly in the context of financial services, is crucial. The book raises pertinent questions about whether the completion of a payment transaction can be considered as contractual acceptance. This is an area ripe for further exploration and has significant implications for market participants.