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Article
Bad Faith By Delay: Proving Insurer Misconduct And Remedies For Unreasonable Delay In Claims Settlement Under NIIRA 2025
The Nigerian Insurance Industry Reform Act 2025 has introduced a more stringent framework for claims settlement, with stronger financial and regulatory consequences for unreasonable delay. This thought leadership article examines how NIIRA 2025 affects the proof of insurer misconduct and the remedies available to policyholders, focusing specifically on unreasonable delay in claims settlement and the significant changes from the previous Insurance Act 2003.
NigeriaInsurance
Jackson, Etti & Edu
Article
Global Crises: The Role Of The Contemporary Commercial Lawyer
The global crisis should ordinarily present challenges for the Commercial lawyer and expectedly it should present a gloomy picture for the future.
NigeriaLaw Department Performance

Perchstone & Graeys

₦705m Lost In Fuel Deal: Recovered Through Court-Backed Mediation

A fuel supplier failed to deliver 2 million litres of Automotive Gas Oil despite receiving ₦705 million upfront payment, leading to litigation that ultimately resulted in a court-enforced settlement.

NigeriaLitigation, Mediation & Arbitration

Olisa Agbakoba Legal (OAL)

Privity Of Contract And Right To Sue Where There Is No Signed Contract

Generally, the doctrine of privity of contract stipulates that it is only parties to a contract that have right to sue and be sued to enforce the rights and obligations arising from the contract.

NigeriaReal Estate and Construction

Fred-Young & Evans

Doing Business In Nigeria

With a nominal GDP of over $492 billion (2016) and a more than 180-million strong youthful population, Nigeria, is both Africa's biggest economy and the most populous black nation on earth.

NigeriaCorporate/Commercial Law

Banwo & Ighodalo

Founder Agreements And Equity Structuring

Founder disputes are one of the most common reasons promising businesses fail.

NigeriaCorporate/Commercial Law

The Legal Framework And Prospects In Investing In Nigeria In The Face Of Security Challenge

It is without doubt that apart from regular business and environment related problems, entrepreneurs have to grapple with the security challenges in Nigeria.

NigeriaCorporate/Commercial Law

Strachan Partners

W&I Insurance In Nigerian M&A And PE Exits: Market Practice, Coverage Gaps And Barriers To Access

Warranty and Indemnity insurance is transforming M&A transactions globally, yet its adoption in Nigeria faces significant barriers. This analysis explores the practical challenges of implementing...

NigeriaFinance and Banking

Jackson, Etti & Edu

World Bank Doing Business Report 2019 : Nigeria Records Mixed Fortunes

The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it's 2019 Doing Business Report (the Report).

Deloitte Nigeria

Does Domiciliation Of Payment Under A Contract Amount To An Assignment Of The Contract Under Nigeria Law?

The Counsel submitted that the Court cannot look outside the pleadings to determine question of jurisdiction.

NigeriaCorporate/Commercial Law

Fred-Young & Evans

Does Domiciliation Of Payment Under A Contract Amount To An Assignment Of The Contract Under Nigeria Law?

In the recent Supreme Court case of SC.332/2009; Julius Berger Nigeria Plc. & Anor. v. Toki Rainbow Community Bank Ltd, Julius Berger, the appellant, by a local purchase order requested a Contractor to make a supply to it.

NigeriaLitigation, Mediation & Arbitration

Seson Legal Practitioners

Did You Know That A Dcpmi Must File Its Data Protection Compliance Audiт Returns By 31 March Each Year?

Article 10 of the General Application and Implementation Directive 2025 ("GAID") requires data controllers and data processors to conduct periodic...

Udo Udoma & Belo-Osagie

Blockchain And Smart Contracts: The Future Of Legal Transactions In Nigeria

In recent years, blockchain technology and smart contracts have emerged as revolutionary tools with the potential to reshape the landscape of legal transactions.

NigeriaTechnology

The Trusted Advisors

COA Rules On The Inapplicability Of Investment Tax Credit To Production Sharing Contracts Executed After July 1998

The Court of Appeal Lagos Division has overturned the judgement of the Federal High Court in the appeal between the Federal Inland Revenue Service and CNOOC Exploration and Production and South Atlantic Petroleum Corporation ...

NigeriaCorporate/Commercial Law

KPMG in Nigeria

Key Legal Issues Businesses Must Get Right

Commercial contracts are the foundation of most business relationships.

NigeriaCorporate/Commercial Law

Nigeria Takes Charge Of Its Oil Earnings: Duplication Eliminated, Oversight Strengthened, Implementation Key

President Bola Ahmed Tinubu has signed a significant Executive Order aimed at overhauling Nigeria's oil and gas revenue framework.

NigeriaEnergy and Natural Resources

Syntegral Legal Practice

Nigeria's Exit From The Grey List: Implications For Businesses And The Financial System

At the October 2025 plenary meeting of the Financial Action Task Force ("FATF") in Paris, Nigeria, alongside South Africa, Mozambique and Burkina Faso, was officially removed...

NigeriaGovernment, Public Sector

Udo Udoma & Belo-Osagie

International Commercial Arbitration: An Effective Tool For Resolving Commercial Disputes In Nigeria

International trade and the global economy have made international commercial contracts and transactions to be on the rise. Commercial contracts these days cut across more than one State.

NigeriaLitigation, Mediation & Arbitration

Fred-Young & Evans

NRS Issues Compliance Reminder For Large Taxpayers Under The E-Invoicing & Electronic Fiscal System (EFS) Regime

The Nigeria Revenue Service has issued a compliance reminder to large taxpayers regarding mandatory e-invoicing requirements under the National E-Invoicing and Electronic Fiscal System regime. Large taxpayers must complete onboarding and begin compliant invoice transmission by 31 July 2026 or face potential regulatory enforcement measures. The notice follows the phased implementation timeline published in February 2026 for different taxpayer categories.

WTS Blackwoodstone

Renegotiating Contracts After Loss Of Tax-Exempt Status

Nigeria's 2026 tax reforms introduce transformative changes affecting businesses and individuals, from expanded deductions and VAT exemptions to fundamental rights protections. These comprehensive legal updates reshape corporate governance, contract renegotiation strategies, and compliance requirements across multiple sectors.

Olisa Agbakoba Legal (OAL)

Showing 41–60 of 479 results

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