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 ensure...

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 potential impact of...

This newsletter provides insight into exit of Nigerian Bulk Electricity Trading Plc. (“NBET”) from the Nigerian Electricity Supply Industry (“NESI”) which creates a bilateral contract market arrangement, as well as reviews the Nigerian Electricity Regulatory Commission’s...

Further to the Paris Agreement, a legally binding international treaty on climate change adopted by one hundred and ninety-six (196) parties at the UN Climate Change Conference in Paris, on 12th December 2015 (COP21), countries and their institutional Banks have begun...

The Nigerian Electricity Regulatory Commission (NERC) is ramping up efforts to ensure adherence to regulations within the country's power sector. In response to concerns about compliance, NERC is intensifying its scrutiny of power sector licensees. This move is aimed at...

The Central Bank of Nigeria (“CBN”) recently introduced notable changes to the Foreign Exchange (“FX”) market regime in Nigeria, through a circular titled: ‘Operational Changes to the Foreign Exchange Market’ (the “Circular”). In this article, we highlight some of the notable...

In recent times, legislative actions have been taken to reshape the Nigerian Electricity Supply Industry (“NESI”) with a view to realign post-privatisation issues and expectations of stakeholders in the NESI. On 17th March, 2023, the Constitution of the Federal Republic of...

The 27th session of the Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) brought together world leaders to discuss issues related to climate change, with a focus on food security, water security, climate finance, energy...

In 2016, the Nigerian Electricity Regulatory Commission (“NERC”) issued the Regulation for Mini-grids of that year (the “Mini-grid Regulations”) in line with the powers conferred on it by the Electric Power Sector Reform Act 2005 (“EPSRA”) to make regulations. The Mini-grid...

In the previous editions of our Tech Startup Series, we had provided insights into establishing a Tech Startup in Nigeria and the essentials for their business operations in Nigeria. In this series, we provide a roadmap that examines the funding options for Tech Startups...

In this edition of our Data Protection Series, we examine the concept of “Personal Data” as it relates to Data Protection and the protection afforded under Nigerian law. This issue also provides clarity on certain misconceptions surrounding Personal Data as well as crucial data...

In the previous edition of our Tech Startup Series, we had provided insight into establishing a Tech Startup in Nigeria. In this edition, we provide a roadmap that outlines the essentials for tech startups in their business operations as legal entities in Nigeria. From getting...