221 results found

From a technical and economical perspective, the decision driver rests on the awareness of the company's management or owners regarding the inability to continue trading...

The Companies and Allied Matters Act (CAMA) regulates the activities of businesses in Nigeria. The enactment of CAMA 2020 which was assented to by the President on 7th August 2020...

Governance failure often manifests not through headline crises, but through subtle operational inconsistencies—conflicting board papers, delayed regulatory responses, or inadequate record-keeping. While organizations invest heavily in digital transformation and cybersecurity, a critical question remains: who bears accountability for the integrity, traceability, and defensibility of information underpinning board decisions?

The Bill seeks to cure the existing shortcomings of the existing CAMA and bring it in line with global best practices.

The guidelines for the licensing and regulation of Payment Service Bank (PSB) license are provided by the Central Bank of Nigeria (CBN). Payment Service Banks are banks

The regulation of Bureau de Change Operators (BDCs) remains a topical issue in Nigeria. The Central Bank of Nigeria (CBN) has repeatedly expressed its commitment...

Our General Corporate Advisory and Tax teams authored the Nigerian chapter of the guide, which provides a high-level overview of Nigeria's legal and regulatory framework for doing business.

Credit Guarantee Schemes have been widely considered as one of the means of addressing the challenge of limited access to credit by Micro, Small, and Medium Enterprises (MSMEs).

Prior to the enactment of the Companies and Allied Matters Act 2020 (CAMA) in August 2020, the generally available business vehicles under Nigerian regulatory framework were:

Corporate Governance (CG) is how a company is directed and managed in achieving its objectives subject to relevant rules and regulations.

ESG — which stands for Environmental, Social and Governance — ensures that with the application of these three criteria, a company's method of operations is considered alongside its profitability.

Restructuring & Insolvency Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries

Nigeria's energy industry is at the intersection of massive economic aspirations and significant environmental threats. The Niger Delta has been subjected to decades of oil extraction, which have left it mired in some of the world's worst pollution crises, but the individual corporate directors have escaped liability for the devastation that their companies wreak on the environment.

1.1 On the 15th day of May, 2018, the Nigerian Senate passed the Companies and Allied Matters Act (CAMA), 2004...

Key legislation in the banking industry has recently come under criticism for being, essentially, obsolete, and not in tandem with modern trends.

This has led several commentators to wrongly assume that AMCON was established to last for ten (10) years, presumably from 2011 when CBN started contributions to the Fund.

Happily, in August 2020, the new Companies and Allied Matters Act 2020 (CAMA or CAMA 2020) which repealed CAMA 2004, was signed into law by President Buhari.

Recently, as part of LeLaw's Nigerian country chapter contribution to Bloomberg's Winter 2020/Spring 2021: Transfer Pricing Forum, (Bloomberg Publication), we used TP lenses to look closely at the...