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  • Article

    The Nigeria Tax Bill – Revisiting The New Rent Relief Allowance

    The proposed replacement of the long-standing Consolidated Relief Allowance (CRA) with a Rent Relief Allowance, in the Nigeria Tax Bill, warrants deeper analysis and broader stakeholder engagement.
    NigeriaTax
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    CBN's Open Banking Guidelines: Implications For Non-Bank Entities

    It is often assumed that the Central Bank of Nigeria's (the "CBN") Open Banking Framework and related guidelines ( the "Open Banking Guidelines") are relevant only to banks...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
Article

Highlights Of The New Pension Rules Allowing Private Equity Co-Investments By Pension Funds

Nigeria's Pension Regulator, Pencom, has recently issued regulations permitting pension funds to co-invest in private equity funds with
NigeriaFinance and Banking
Balogun Harold Legal
Balogun Harold Legal
  • Article

    New Digital Money Lender Regulations In Nigeria: Some Legal Issues

    Digital Money Lenders – Nigeria's consumer protection regulator, the FCCPC, recently published a Limited Interim Regulatory/Registration Framework for Digital Lending ("Regulation")...
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Trump's 3.5% Tax On Remittances – Some Product Considerations

    If President Trump's proposal to impose a 3.5% excise tax on outbound remittances by non-citizens becomes law, remittance and money transfer companies operating in the cross-border payments space...
    NigeriaTax
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    The Quincecare Duty Of Care: Lessons For Nigerian Banks & Fintechs

    In the same vein, Fintechs may have some exposure to their own customers if Fintechs are found to be in breach of the Quincecare rule.
    NigeriaTechnology
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    New Rules For Fintechs In The Electricity Sector

    Effective as of May 27 2025, the Nigerian Electricity Regulatory Commission ("NERC") issued formal guidelines for the registration and engagement of Third-Party Collection Service Providers...
    NigeriaEnergy and Natural Resources
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    New Interest Rate Hike By The Monetary Policy Committee Of The Central Bank – A Primer

    There has been a palpable increase in the prices of goods and services in Nigeria, in recent time. The Central Bank of Nigeria...
    NigeriaGovernment, Public Sector
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    NCC Internet Code Of Practice 2025: New Obligations For Online Platforms

    The Nigerian Communications Commission (the "NCC") has issued the draft Internet Code of Practice 2025 (the "Code")...
    NigeriaMedia, Telecoms, IT, Entertainment
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    NNPC Limited: Rethinking The Rationale For An IPO

    We think it's worth taking a second look at NNPC Limited's planned IPO, with consideration given to deferring the process. Below, we highlight some of the key strategic considerations informing this perspective.
    NigeriaEnergy and Natural Resources
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Market Entry In Nigeria

    A leading global technology company, sought to expand its operations into Sub-Saharan Africa, starting with Nigeria. The client saw immense opportunities in Nigeria's growing demand for digital financial services but recognised the challenges of entering a high-risk frontier market.
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Roads & Highways Financing In Nigeria – Key Legal Considerations

    According to the World Bank, up to 80% of Nigerian roads are in poor condition, and only about 30% are paved. According to the National Integrated Infrastructure...
    NigeriaGovernment, Public Sector
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Demolition Notices In Lagos

    If you have just received a demolition notice in Lagos, one of the most strategic decisions you can take is to get independent legal advise.
    NigeriaReal Estate and Construction
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Avoiding Permanent Establishment Risk – Nigeria's New Dependent Agents Rule

    In February 2018, Nigeria's President signed the Presidential Executive Order for Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering...
    NigeriaTax
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Tax Incentives For Venture Capital And Angel Investors In Nigeria.

    Other than fund domicile, perhaps the most important consideration when setting up a venture capital fund in Nigeria is tax planning and tax leakage avoidance. For angel investors, venture capital funds, private equity...
    NigeriaTax
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Taxation Of Non-Residents In Nigeria

    The Nigeria Tax Act 2025 has clarified and expanded the legal basis for the taxation of non-residents in Nigeria. Under the Nigeria Tax Act 2025, non-resident persons can now be taxed under four broad categories, namely...
    NigeriaTax
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Artificial Intelligence In Nigeria: Key Regulatory Considerations

    A recent report by Google titled "Our Life With AI: From Innovation to Application" suggests that generative AI adoption in emerging markets is significantly higher than global averages.
    NigeriaTechnology
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Nigeria's Open Banking: Data Access Considerations

    As Nigeria transitions to an open banking regime, we anticipate a wave of fintech innovation driven by secure and regulated access to customer data.
    NigeriaFinance and Banking
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Pre-Series Financing: Key Insights For Founders

    Startups often find themselves navigating the complex world of fundraising, and one term that's becoming increasingly common is the "Pre-Series." But what does it really mean, and when should you use it?
    NigeriaCorporate/Commercial Law
    Balogun Harold Legal
    Balogun Harold Legal
  • Article

    Social Media Platforms In Nigeria - Navigating Competition Enforcement Risk

    Nigeria's digital economy is growing at an unprecedented pace. Social media platforms and other technology platforms like TikTok, YouTube, Instagram, and fintech apps now reach millions of users, creators, and advertisers...
    NigeriaAntitrust/Competition Law
    Balogun Harold Legal
    Balogun Harold Legal
  • Showing 41–60 of 119 results

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