Olaniwun Ajayi LP

September 2, 2024

Major Innovations of the NPDA General Application and Implementation Directive

Major Innovation of the NDPA General Application and Implementation Directive (GAID)

On 31 May 2024, the Nigeria Data Protection Commission (NDPC) released the draft Nigeria Data Protection Act (NDPA) General Application and Implementation Directive (GAID). The GAID marks a significant step...

August 16, 2024

Newsletter image on the Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Since 2011, the Nigerian Bulk Electricity Trading PLC (NBET) has played a critical role in the Nigerian Electricity Supply Industry (NESI) by being the sole bulk trader of electricity. As...

August 1, 2024

Federal High Court recent decision on private companies in Nigeria

Federal High Court Validates Single Shareholder Transition for Legacy Private Companies

On July 30, 2024, the Federal High Court in Abuja ruled that section 18(2) of CAMA 2020, which allows private companies to have a single shareholder, applies to all private...

July 31, 2024

Operationalization of the Meter Acquisition Fund

Review of the Order on the Operationalisation of the Meter Acquisition Fund (Tranche A)

A major challenge for electricity Distribution Companies in Nigeria is the inadequate metering of end-use customers. This contributes to the Aggregate Technical Commercial & Collection (ATC & C) losses experienced...

July 18, 2024

Tax Laws in Nigeria 2024

OALP Tax Practice 2nd Quarter Newsletter 2024

Still on the mandate of the ‘Renewed Hope Agenda’, this second quarter of 2024 was characterised by progressive government policies and judicial interpretations, on the operation of taxation legislation in...

July 3, 2024

A Review of the Latest Nigerian Superior Court Cases in 2024 by Olaniwun Ajayi LP

OALP Dispute Resolution Practice Quarterly Newsletter – 2nd Quarter 2024

In the second quarter of this year, Nigeria and progressive jurisdictions saw significant legal advancements. Nigeria’s appellate courtrooms were centres of radical changes in legal principles. Recent decisions covered crime...

June 6, 2024

NERC establishes ISO for Nigerian Electricity Supply

Review of the NERC Order on the Establishment of the ISO for the NESI

On April 30, 2024, the Nigerian Electricity Regulatory Commission (NERC) took action, issuing an order to establish an Independent System Operator (ISO) in line with the provisions of the Electricity...

June 5, 2024

Electricity Tariff in Nigeria

Supplementary Order to the Multi-Year Tariff Order 2024

In January 2024, the Nigerian Electricity Regulatory Commission (NERC) made a significant commitment to reviewing electricity tariffs monthly, in response to changes in macroeconomic conditions, as outlined in the Multi-Year...

May 23, 2024

A Review of the New Minimum Capital Requirements for Nigerian Banks

A Review of the New Minimum Capital Requirements for Commercial Banks, Merchant and Non-Interest Banks in Nigeria

The Central Bank of Nigeria (CBN) issued a new policy on March 28, 2024, to enhance the banking system’s stability and support economic growth. This policy raises the minimum capital...

May 16, 2024

Understanding the NERC Eligible Customer Regulations, NERC Rules and Procedures

A Review of the NERC Eligible Customer Regulations 2024

The Nigerian Electricity Regulatory Commission (NERC) has been actively promoting competition within the Nigerian Electricity Supply Industry (NESI). Over the years, NERC has developed regulatory initiatives in alignment with the...

September 2, 2024

Major Innovations of the NPDA General Application and Implementation Directive

Major Innovation of the NDPA General Application and Implementation Directive (GAID)

On 31 May 2024, the Nigeria Data Protection Commission (NDPC) released the draft Nigeria Data Protection Act (NDPA) General Application and Implementation Directive (GAID). The GAID marks a significant step...

August 16, 2024

Newsletter image on the Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Since 2011, the Nigerian Bulk Electricity Trading PLC (NBET) has played a critical role in the Nigerian Electricity Supply Industry (NESI) by being the sole bulk trader of electricity. As...

August 1, 2024

Federal High Court recent decision on private companies in Nigeria

Federal High Court Validates Single Shareholder Transition for Legacy Private Companies

On July 30, 2024, the Federal High Court in Abuja ruled that section 18(2) of CAMA 2020, which allows private companies to have a single shareholder, applies to all private...

July 31, 2024

Operationalization of the Meter Acquisition Fund

Review of the Order on the Operationalisation of the Meter Acquisition Fund (Tranche A)

A major challenge for electricity Distribution Companies in Nigeria is the inadequate metering of end-use customers. This contributes to the Aggregate Technical Commercial & Collection (ATC & C) losses experienced...

July 18, 2024

Tax Laws in Nigeria 2024

OALP Tax Practice 2nd Quarter Newsletter 2024

Still on the mandate of the ‘Renewed Hope Agenda’, this second quarter of 2024 was characterised by progressive government policies and judicial interpretations, on the operation of taxation legislation in...

July 3, 2024

A Review of the Latest Nigerian Superior Court Cases in 2024 by Olaniwun Ajayi LP

OALP Dispute Resolution Practice Quarterly Newsletter – 2nd Quarter 2024

In the second quarter of this year, Nigeria and progressive jurisdictions saw significant legal advancements. Nigeria’s appellate courtrooms were centres of radical changes in legal principles. Recent decisions covered crime...

June 6, 2024

NERC establishes ISO for Nigerian Electricity Supply

Review of the NERC Order on the Establishment of the ISO for the NESI

On April 30, 2024, the Nigerian Electricity Regulatory Commission (NERC) took action, issuing an order to establish an Independent System Operator (ISO) in line with the provisions of the Electricity...

June 5, 2024

Electricity Tariff in Nigeria

Supplementary Order to the Multi-Year Tariff Order 2024

In January 2024, the Nigerian Electricity Regulatory Commission (NERC) made a significant commitment to reviewing electricity tariffs monthly, in response to changes in macroeconomic conditions, as outlined in the Multi-Year...

May 23, 2024

A Review of the New Minimum Capital Requirements for Nigerian Banks

A Review of the New Minimum Capital Requirements for Commercial Banks, Merchant and Non-Interest Banks in Nigeria

The Central Bank of Nigeria (CBN) issued a new policy on March 28, 2024, to enhance the banking system’s stability and support economic growth. This policy raises the minimum capital...

May 16, 2024

Understanding the NERC Eligible Customer Regulations, NERC Rules and Procedures

A Review of the NERC Eligible Customer Regulations 2024

The Nigerian Electricity Regulatory Commission (NERC) has been actively promoting competition within the Nigerian Electricity Supply Industry (NESI). Over the years, NERC has developed regulatory initiatives in alignment with the...