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  • Article

    NRS Begins Compliance Monitoring For Large Taxpayers Under The National E-Invoicing System

    The Nigeria Revenue Service (NRS) has announced that 31 July 2026 is the deadline for all large taxpayers (companies with an annual turnover of ₦5 billion and above) to comply with the National E-Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS)
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Lagos State Electric Power Sector Reform Law, 2018: Highlights

    The Lagos State Governor, Governor Akinwunmi Ambode recently signed the Lagos State Electric Power Sector Reform Bill into Law (the Law) making Lagos State the first...
    NigeriaEnergy and Natural Resources
    Solola & Akpana
    Solola & Akpana
  • Article

    Resumption Of Enforcement Of The FCCPC Digital, Electronic, Online Or Non-Traditional Consumer Lending Regulations, 2025 ("Deon Regulations") Following Judgment Of The Federal High Court In Waspan V. FCCPC

    On Monday, July 20, 2026, the Federal High Court, Lagos Judicial Division, presided over by Hon. Justice Allagoa J, delivered judgment in Suit No. FHC/L/CS/760/2026 between Wireless Application Service Providers Association of Nigeria Ltd/Gte v. Federal Competition and Consumer Protection Commission (“FCCPC”), dismissing in its entirety the Originating Summons filed by the Wireless Application Service Providers Association of Nigeria ("WASPAN").
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Legislative Update On Company Business Letters

    This article examines the legal framework governing the sanctioning of directors and other corporate officers in Nigeria and the United Kingdom. It explores the regulatory mechanisms, enforcement procedures, and comparative approaches used to hold company leadership accountable for misconduct or breach of duties. The analysis provides insights into how both jurisdictions balance corporate governance with director protection.
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Federal Government Issues New Tax Incentives To Boost Deep Offshore Oil And Gas Investment

    British American Tobacco faces significant penalties from Nigeria's Federal Competition and Consumer Protection Commission for alleged violations of consumer protection regulations. The case raises important questions about corporate compliance with local consumer laws and the enforcement powers of regulatory bodies in protecting market competition.
    NigeriaEnergy and Natural Resources
    Solola & Akpana
    Solola & Akpana
  • Article

    Can An Employer Access An Employee's Device?

    In today's digital workplace, it is common for employers to provide employees with laptops and other electronic devices to facilitate the performance of their duties. Questions often arise, however, where an employee resigns unexpectedly, is suspended pending investigation, or is suspected of misconduct.
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Including Arbitration Clauses In Contracts Of Employment In Nigeria: A Case Of Carrying Coal To Newcastle?

    Given the above, one is left wondering whether there is any need engaging arbitration to resolve an employment/labour dispute in Nigeria.
    NigeriaEmployment and HR
    Solola & Akpana
    Solola & Akpana
  • Article

    Case Review: Nigerian Port Authorities v. Aminu Ibrahim & Co. & Anor – (2018) LPELR – 44464(SC)

    Following the hearing, the trial Court found in favour of the Respondents and granted all the reliefs sought.
    NigeriaLitigation, Mediation & Arbitration
    Solola & Akpana
    Solola & Akpana
  • Article

    An Insight Into The Fine Imposed On The British America Tobacco Company By The Federal Competition And Consumer Protection Commision

    On December 27, 2023, the Federal Competition and Consumer Protection Commission (the "Commission", "FCCPC") imposed a fine of $110 million...
    NigeriaAntitrust/Competition Law
    Solola & Akpana
    Solola & Akpana
  • Article

    An Appraisal Of The Framework For Sanctioning Erring Directors And Officers For Wrongdoing During Insolvencies In Nigeria And The United Kingdom

    When a company is unable to meet its financial obligations to creditors on time, it is considered insolvent. Insolvency is as a state where a company's financial liabilities...
    WorldwideCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Corporate Affairs Commission Commences Striking-off Of Inactive And NonCompliant Companies

    On July 15, 2026, the Corporate Affairs Commission (the “Commission”) issued a Circular announcing the commencement of another nationwide exercise to strike-off inactive and non-compliant companies from the Register of Companies pursuant to Section 692 (3) & (4) of the Companies and Allied Matters Act, 2020 (“CAMA”).
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Case Law Review: Should Photocopies Of Public Documents Attached To An Affidavit As Exhibits Be Certified?

    The prevalent view amongst legal practitioners is that it is erroneous to raise an objection concerning documents attached to an affidavit as exhibits, particularly where the document is a photocopy of a public document.
    NigeriaLitigation, Mediation & Arbitration
    Solola & Akpana
    Solola & Akpana
  • Article

    A Review Of The National Judicial Council Guidelines For Court Sittings And Related Matters In The Pandemic Period (Part One)

    Covid-19 pandemic continues to disrupt traditional modes of doing things the world over; thereby bringing about a new normal.
    NigeriaCoronavirus (COVID-19)
    Solola & Akpana
    Solola & Akpana
  • Article

    Highlights Of The New Lagos State High (Civil Procedure) Rules 2019

    Order 5 makes provision for the Form of commencement of an action at the Lagos State High Court.
    NigeriaLitigation, Mediation & Arbitration
    Solola & Akpana
    Solola & Akpana
  • Article

    The Role Of Data Protection Compliance Organizations Under The Nigerian Data Protection Regulation

    With advancement in technology came a manual-to-digital shift in the collation and processing of personal data by data controllers.
    NigeriaPrivacy
    Solola & Akpana
    Solola & Akpana
  • Article

    Executive Summary Of The Restrictive And Trade Practices Regulation, 2022

    The Restrictive and Trade Practices Regulation, 2022 was established to provide a regulatory framework for the implementation of Part VIII and some aspects of Part XIV of the Federal Competition and Consumer Protection Act, 2018 ...
    NigeriaAntitrust/Competition Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Persons With Significant Control (PSC) Regulations, 2022 - A Vehicle For Transparency In Corporate Governance In Nigeria

    The Persons with Significant Control Regulations, 2022 ("PSC Regulations") aims to address concerns about the impervious nature of business ownership...
    NigeriaCorporate/Commercial Law
    Solola & Akpana
    Solola & Akpana
  • Article

    Towards A Better Regulation Of Internet-Based Companies Rendering Ott Services To Nigerians

    Sometime in 2018, Mobile Network Operators (MNOs) in Nigeria approached the Nigerian Communication Commission (NCC) to subject to regulation, over the top (OTT) services rendered by some internet-based companies.
    NigeriaMedia, Telecoms, IT, Entertainment
    Solola & Akpana
    Solola & Akpana
  • Article

    The Guarantors' Prayers — Why A Contract Of Guarantee Is Not A Mere Formality

    It is often the general rule, rather than the exception, that most people who hold themselves out as guarantors are ignorant of the implication of signing a guarantee form/contract.
    NigeriaCoronavirus (COVID-19)
    Solola & Akpana
    Solola & Akpana
  • Article

    Value Added Tax: Is Registration A Precondition For Collection And Return? – A Review Of The Court Of Appeal Decision In Al-Maseer Law Firm v. Federal Inland Revenue Services

    On May 24, 2019, the Court of Appeal in the case of Al-Maseer Law Firm v Federal Inland Revenue Services , held in a unanimous decision that lawyers in private practice are under a legal obligation to collect VAT from clients ...
    NigeriaTax
    Solola & Akpana
    Solola & Akpana

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