Detail Commercial Solicitors | Mar 4, 2025 | Newsletters
The Central Bank of Nigeria (CBN) has taken a bold step towards strengthening the country’s foreign exchange market with the introduction of the Nigeria Foreign Exchange Code (FX Code). With this move, Nigeria aligns with global financial hubs like the United... 
Detail Commercial Solicitors | Feb 3, 2025 | Newsletters
The Nigerian tax landscape is on the brink of transformation with four key tax reform bills currently under review. From tax harmonization to revenue administration and dispute resolution, these bills aim to simplify processes, attract foreign investment, and... 
Detail Commercial Solicitors | Jan 24, 2025 | Newsletters
The 2024 Domestic Base Price (DBP) for natural gas reflects a significant milestone in Nigeria’s efforts to drive investment in the energy sector while addressing market realities. Our newsletter provides insight into the key provisions of the pricing framework, its... 
Detail Commercial Solicitors | Jan 21, 2025 | Newsletters
The Lagos State Electricity Law marks a significant step towards decentralizing Nigeria’s electricity market, empowering the state to take full regulatory control. With NERC’s recent Transfer Orders, Lagos now has the autonomy to shape its intrastate electricity... 
Detail Commercial Solicitors | Nov 14, 2024 | Newsletters
The Corporate Affairs Commission (CAC) recently announced its intention to commence the enforcement of the Persons with Significant Control (PSC) Regulations 2022 and mandated Limited Liability Companies, Limited Liability Partnerships and other corporate entities to... 
Detail Commercial Solicitors | Nov 1, 2024 | Newsletters
The primary rationale for imposing the windfall tax on Nigerian banks arises from the substantial foreign exchange gains these institutions have realized due to the depreciation of the Naira. This newsletter examines the government’s objectives, explores the...