Olaniwun Ajayi LP

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...

June 5, 2024

Latest Tech News in Nigeria

Tech Digest for May 2024

Olaniwun Ajayi LP is pleased to present its Technology News Highlights (Highlights) for May 2024.The Highlights summarise major events and developments within the tech space in May, including notable fundraisers...

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 31, 2024

Renewable Energy Initiatives in Nigeria

Recent Renewable Energy Initiatives in Nigeria

With an endowment of abundant natural resources and a growing commitment to reducing carbon emissions, Nigeria is making notable strides toward diversifying its energy mix.This article assesses recent renewable energy...

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...

April 16, 2024

Nigeria’s Fiscal Leap: Key Q1 2024 Updates on Revenue and Tax Compliance Initiatives

Tax Newsletter: Key Q1 2024 Updates on Nigeria’s Revenue and Tax Compliance Initiatives

In the wake of the “Renewed Hope Budget”, Nigeria’s first quarter of 2024 remains bustling with fiscal activities as the Federal Government and its agencies continuously aim to increase revenue...

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...

June 5, 2024

Latest Tech News in Nigeria

Tech Digest for May 2024

Olaniwun Ajayi LP is pleased to present its Technology News Highlights (Highlights) for May 2024.The Highlights summarise major events and developments within the tech space in May, including notable fundraisers...

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 31, 2024

Renewable Energy Initiatives in Nigeria

Recent Renewable Energy Initiatives in Nigeria

With an endowment of abundant natural resources and a growing commitment to reducing carbon emissions, Nigeria is making notable strides toward diversifying its energy mix.This article assesses recent renewable energy...

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...

April 16, 2024

Nigeria’s Fiscal Leap: Key Q1 2024 Updates on Revenue and Tax Compliance Initiatives

Tax Newsletter: Key Q1 2024 Updates on Nigeria’s Revenue and Tax Compliance Initiatives

In the wake of the “Renewed Hope Budget”, Nigeria’s first quarter of 2024 remains bustling with fiscal activities as the Federal Government and its agencies continuously aim to increase revenue...