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  • Article

    Nigerian Oil And Gas Update (Quarterly Newsletter) – Q2, 2022

    The oil and gas industry has continued to sustain recovery from contractions experienced in 2020 and 2021. On a global level, crude oil prices have been hovering around $100 per barrel...
    NigeriaEnergy and Natural Resources
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Tax Liability And Tax Obligations Of Approved Enterprises Established In An Export Free Zone

    The South-South Zone of the Tax Appeal Tribunal sitting in Benin, on the 17th of March 2020, delivered its judgment in Appeal No. TAT/SSZ/005/2018: West Atlantic Shipyard Limited v. Federal Inland Revenue Service.
    NigeriaTax
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Settlement Of Trade Transactions Through PAPSS In Nigeria: Use Of Foreign Exchange Provided By The CBN And Related Matters

    By way of background, the Central Bank of Nigeria ("CBN") issued a guideline titled "Guidelines on the Operations of Pan-African Payments and Settlement System (PAPSS) in Nigeria...
    NigeriaInternational Law
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Arbitration Agreements In Nigeria: Key To Resolving Commercial Disputes

    As international commercial disputes surge by over 30% post-pandemic, businesses face mounting pressure to resolve conflicts efficiently while protecting sensitive information and maintaining global enforceability. This analysis examines how arbitration agreements have become indispensable strategic tools in Nigeria's commercial landscape, offering expertise-driven resolution, confidentiality safeguards, and international recognition under the New York Convention.
    NigeriaLitigation, Mediation & Arbitration
    The Trusted Advisors
    The Trusted Advisors
  • Article

    AFCFTA: A Blessing Or A Curse To Nigeria

    After a lot of grandstanding, Nigeria on 7th July 2019 appended her signature and engendered the coming into force of the African Continental Free Trade Area Agreement ('AfCFTA')...
    NigeriaInternational Law
    Templars
    Templars
  • Article

    What Changes Does The Revised FX Manual 2018 Bring To The FX Regime In Nigeria?

    The Central Bank of Nigeria recently released a "Revised Edition" of its Foreign Exchange Manual.
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Nigeria's Cabotage Act: Impact On Local Shipping Industry Growth

    Since the passing of Nigeria's Coastal and Inland Shipping (Cabotage) Act in 2003, it has been hailed as a transformational policy intended to reserve domestic coastal trade for Nigerian-owned, -crewed and -flagged vessels.
    NigeriaTransport
    Olisa Agbakoba Legal (OAL)
    Olisa Agbakoba Legal (OAL)
  • Article

    The Nigerian Merchandise Marks Act: A Viable Or Obsolete Piece Of Legislation

    Unlike other intellectual property laws enacted in Nigeria, the Merchandise Marks Act[2] ("the Act") doesn't enjoy so much popularity.
    NigeriaIntellectual Property
    SPA Ajibade & Co
    SPA Ajibade & Co
  • Article

    Commercial Law In Nigeria

    Nigeria is an independent republic on the west coast of Africa, on the Gulf of Guinea. It is bordered by Benin to the west, Niger to the north, Cameroon to the east, and the Atlantic Ocean to the south.
    NigeriaCorporate/Commercial Law
    Adams & Adams
    Adams & Adams
  • Article

    Implementation Of The AfCFTA: Cogs In The Wheel, Stumbling Blocs And Windows Of Opportunity

    These objectives are feasible with proper implementation of the Agreement but there are significant issues that may pose a challenge in the implementation of the Agreement.
    NigeriaInternational Law
    AELEX
    AELEX
  • Article

    Panaceas: Dumping And Trade Remedies In Nigeria

    The global integration of economies, technology, trades and services has become an increasing reality.
    NigeriaInternational Law
    LeLaw Barristers & Solicitors
    LeLaw Barristers & Solicitors
  • Article

    Nigeria Free Trade Zone Regime: Frequently Asked Questions (FAQs)

    An FTZ is a designated location in a geographical area where enterprises can operate without trade barriers, bureaucratic bottlenecks and customs interference in order to attract new businesses and foreign participation.
    NigeriaInternational Law
    LeLaw Barristers & Solicitors
    LeLaw Barristers & Solicitors
  • Article

    Journeys: Current State Assessment Of Nigerian Export Processing/Free Trade Zones Regime

    Nigeria, in a bid to further improve her investment attractiveness propositions, formally joined the league of countries with EPZ or FTZ regimes in 1986, with the enactment of the Nigeria Export Processing Zones Act.
    NigeriaInternational Law
    LeLaw Barristers & Solicitors
    LeLaw Barristers & Solicitors
  • Article

    Persons With Significant Control Regulations, 2022

    On 23rd November 2022, the Minister of Industry, Trade and Investment approved the Persons with Significant Control Regulations ...
    NigeriaCorporate/Commercial Law
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie

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