The Pan-African Payment and Settlement System (PAPSS), launched in January 2024, is a centralized payment infrastructure designed to facilitate faster and more cost-effective cross-border trade transactions...

The plague and scourge of illicit financial transactions have, over time, caused significant damage to the world at various points in history.

The Western Nigeria Security Network code named Operation Amotekun has been described as a regional "security formation" or "outfit" set up to complement the efforts of the police in the area...

The year 2024 has been a transformative period in the Nigerian legal landscape – defined by significant judicial pronouncements and pivotal legislative reforms.

The Attorney General of the Federation ("AGF") filed a suit against the Attorneys General of Abia State & 35 Ors. earlier this year, 2024, aimed at engendering the autonomy of Nigeria's 774 Local Government Areas ("LGAs").

Arbitration has long been recognized as the preferred dispute resolution mechanism in international commerce. Parties from different legal systems often turn to it because it promises what domestic courts frequently cannot...

In the heart of Nigeria's criminal justice system lies a troubling paradox that continues to undermine the integrity of police investigations...

In early 2025, Nigeria's rapidly growing cryptocurrency sector reached a major turning point. After years of regulatory confusion and a well-known banking ban on crypto transactions, a new law changed everything. President Bola Ahmed Tinubu signed the Investments and Securities Act 2025 (ISA 2025) into law, officially recognizing digital assets and cryptocurrencies as securities. This landmark legislation replaces the previous 2007 statute and broadens the definition of "securities" in Section 3

The Nigerian Electricity Regulatory Commission (NERC)'s Customer Protection Regulations 2023 (the "Regulations") governs various aspects of interactions between customer...

The term “revenue of the Federal Republic of Nigeria” (in précis, “revenue of the Federation”) encompasses all sums standing to the credit of all the federating units of the federation and liable to be paid into the Federation Account.

Pursuant to Sections 34 and 226(1) of the Electricity Act 2023 (the "Act"), the Nigerian Electricity Regulatory Commission ("NERC") published the Code of Corporate Governance...

In the pursuit of sustainability, businesses often focus on balancing profit with environmental protection and social responsibility. However, one of the damaging impacts against these goals is corporate...

The year 2025 has seen concerted efforts to enhance performance and strengthen investor confidence across all segments of the Power Sector value chain.

The Dangote Petroleum Refinery has filed a lawsuit against Nigeria's Federal Government challenging petroleum import licences issued by the regulatory authority, claiming they violate court orders and undermine domestic refining capacity. With the refinery supplying over 81% of national fuel demand in early 2026, this legal battle raises critical questions about Nigeria's path to energy independence and the balance between supporting local production and maintaining competitive fuel markets. The outcome cou

Nigeria's upstream oil and gas sector is poised for substantial growth with 22 major offshore projects anticipated between 2026 and 2030, potentially attracting US$30-50 billion in investment. The Nigerian Upstream Petroleum Regulatory Commission projects these developments will boost production, create employment, expand infrastructure, and strengthen energy security, supported by new fiscal frameworks and licensing rounds.

On August 26, 2025, the Nigerian Electricity Regulatory Commission ("NERC"), pursuant to Section 34 of the Electricity Act (the "Act")...

In March 2026, the Central Bank of Nigeria (CBN) introduced a significant shift in Nigeria's foreign exchange (FX)...

(NIIRA 2025). This landmark legislation repeals the Insurance Act, 2003, and consolidates related provisions, ushering in a modern regulatory framework designed to strengthen financial resilience, improve market conduct, enhance governance, and protect policyholders.

Many Nigerian investors today face a vast and diverse financial market, filled with numerous options such as stocks, bonds, mutual funds, and derivatives.

This article analyses the key provisions of the Nigeria Tax Act 2025 (the NTA or the new Act) relating to levies, tax incentives, and repeal/savings provisions.