Olaniwun Ajayi LP

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 15, 2024

IP and Athletics: A Spotlight on the 2024 Olympics

Introduction There’s nothing quite like sports to unite the world, and with the conclusion of the 2024 Paris Olympics with its extraordinary display of athletic feats and triumphs, we are excited...

August 8, 2024

Merger control laws and regulations 2024

Merger Control Laws and Regulations 2024

Our Mergers & Acquisitions practice contributed to the 13th Edition of the Global Legal Insights – Merger Control 2024. This comprehensive guide offers an in-depth examination of merger control activity....

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 29, 2024

FG Announces New Mining Rates in Nigeria

New Rates for Mining Services in Nigeria

As part of its ongoing concerted efforts at burgeoning interest within, and enhancing, the mining sector, the Ministry of Solid Minerals Development (the Ministry) on behalf of the Federal Government...

July 17, 2024

Analysing Nigeria's Deduction of Tax at Source Regulation 2024

Deduction of Tax at Source (Withholding) Regulations 2024

Given the uncertainties surrounding the implementation of withholding tax in Nigeria, the Ministry of Finance, on 01 July 2024 introduced the Deduction of Tax at Source (Withholding) Regulations 2024 (the...

June 20, 2024

Investment Guide for the Electricity Sector in Nigeria 2024

Investment Guide for the Electricity Sector in Nigeria 2024

The recent amendment to Item 14 of the Concurrent Legislative List in Nigeria’s 1999 Constitution now allows states to regulate their electricity sectors. Along with the new Electricity Act 2023,...

June 11, 2024

Key Insights from the AfDB 2024 African Economic Outlook Report

In May 2024, the AfDB launched the African Economic Outlook 2024 with the theme: Driving Africa’s Transformation: The Reform of the Global Financial Architecture. The report presented positive economic projections...

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...

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 15, 2024

IP and Athletics: A Spotlight on the 2024 Olympics

Introduction There’s nothing quite like sports to unite the world, and with the conclusion of the 2024 Paris Olympics with its extraordinary display of athletic feats and triumphs, we are excited...

August 8, 2024

Merger control laws and regulations 2024

Merger Control Laws and Regulations 2024

Our Mergers & Acquisitions practice contributed to the 13th Edition of the Global Legal Insights – Merger Control 2024. This comprehensive guide offers an in-depth examination of merger control activity....

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 29, 2024

FG Announces New Mining Rates in Nigeria

New Rates for Mining Services in Nigeria

As part of its ongoing concerted efforts at burgeoning interest within, and enhancing, the mining sector, the Ministry of Solid Minerals Development (the Ministry) on behalf of the Federal Government...

July 17, 2024

Analysing Nigeria's Deduction of Tax at Source Regulation 2024

Deduction of Tax at Source (Withholding) Regulations 2024

Given the uncertainties surrounding the implementation of withholding tax in Nigeria, the Ministry of Finance, on 01 July 2024 introduced the Deduction of Tax at Source (Withholding) Regulations 2024 (the...

June 20, 2024

Investment Guide for the Electricity Sector in Nigeria 2024

Investment Guide for the Electricity Sector in Nigeria 2024

The recent amendment to Item 14 of the Concurrent Legislative List in Nigeria’s 1999 Constitution now allows states to regulate their electricity sectors. Along with the new Electricity Act 2023,...

June 11, 2024

Key Insights from the AfDB 2024 African Economic Outlook Report

In May 2024, the AfDB launched the African Economic Outlook 2024 with the theme: Driving Africa’s Transformation: The Reform of the Global Financial Architecture. The report presented positive economic projections...

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...