248 results found

On 25th March, 2026, the Central Bank of Nigeria ("CBN") issued a circular titled "Removal of Cash Pooling Requirement for International Oil Companies (IOCs)" (the "2026 Circular")...

The Nigerian Federal High Court Declares the Tax Appeal Tribunal Unconstitutional...

The Companies and Allied Matters Act (Chapter C20) Laws of the Federation of Nigeria 2004 was initially made law in Nigeria in 1990 as a decree of the military government.

Estate planning in Nigeria requires careful consideration of legal tools that protect wealth and ensure smooth succession. Understanding the distinct roles of wills and trusts—and how they complement each other—is essential for high-net-worth individuals navigating complex asset structures, customary land tenure, and multi-jurisdictional holdings.

On 3rd December 2024, the Governor of Lagos State, Babajide Sanwo-Olu signed the Lagos State Electricity Bill into law, thereby enacting the Lagos State Electricity Law, 2024...

There has been demand for open banking practices in Nigeria by stakeholders in the Nigerian financial system. The aims include enabling financial institutions to provide third-party financial service providers access...

The Federal Government of Nigeria, on 27th February 2024, approved the implementation of the Expatriate Employee Levy Scheme ("EEL Scheme").

The Cybercrimes (Prohibition, Prevention, Etc) (Amendment) Act 2024 (the "Amendment Act") was signed into law by President Bola Tinubu on 28th February 2024.

The Companies and Allied Matters Act Laws of the Federation of Nigeria 2004 was initially made law in Nigeria in 1990 as a decree of the military government.

Cross-border restructuring often involves complex legal and regulatory requirements that can affect the timing, cost, and overall success of a transaction.

Whether digital and virtual assets are, or need to be, regulated in Nigeria has been quite controversial in recent times.

Nigeria's tax landscape has undergone a fundamental transformation with the Nigeria Tax Act 2025, which eliminates decades-old tax exemptions on interest payments for foreign loans that previously made the country attractive for international financing.

The Secured Transaction in Movable Assets Act 2017 ("STMA") was enacted into law in 2017 to provide a comprehensive legal framework for the creation, registration and enforcement of security interests over movable assets.

The Companies and Allied Matters Act Laws of the Federation of Nigeria 2004 was initially made law in Nigeria in 1990 as a decree of the military government.

The Central Bank of Nigeria ("CBN") recently issued a letter to all Nigerian banks announcing a temporary suspension of dividend payments...

Petroleum industry analysts forecast a positive turn for Nigerian oil and gas in 2023, with onshore volume recovery, incremental growth from shallow water projects, and discernible increases in onshore drilling activity ...

NOFR is a transaction-based reference rate derived from actual overnight secured funding trades, specifically NGN-denominated repurchase (“REPO”) transactions with a minimum size of NGN 5 billion (five billion Naira), between eligible financial institutions, reflecting current liquidity conditions in Nigeria’s interbank market

Nigeria's diaspora remittance inflows are one of the largest in sub-Saharan Africa, consistently contributing billions of dollars annually to gross foreign exchange inflows. Despite this, informal channels and pricing opacity have historically diverted a material portion of these inflows away from the Nigerian Foreign Exchange Market (“NFEM”), thereby weakening the Central Bank of Nigeria’s (“CBN”) ability to monitor and price the market accurately.