The Federal Government of Nigeria (“FGN”),on Monday 8th October 2018, signed a new Executive Order (008) (the Order) tagged Voluntary Offshore Assets Regularization Scheme (VOARS or the Scheme). The Order,...
In continuation of the wholesale privatization of the key power infrastructure assets which began in 2006 with the horizontal unbundling of the Power Holding Company of Nigeria Plc (PHCN), and...
There are over fifty taxes and levies collected by the federal, state and local governments in Nigeria. In addition to the plethora of taxes and levies in Nigeria, it is...
The Nigerian Supreme Court in its recent decision in TSKJ Nigeria Ltd v Otochem Nigeria Ltd (Unreported), SC 118/2009, has held that a State High Court has the jurisdiction to...
On 15 May 2018, the 8th Senate considered and passed the Companies and Allied Matters Act (Repeal and Re-enactment) Bill, 2018 (the Bill) after its third reading. The Bill was...
Our Power & Infrastructure team published a report detailing the key developments in the Nigerian power and infrastructure space over the course of 2017. In the report, we also share...
On Monday 29 January, 2018, the Lagos State House of Assembly (LSHA) passed into law the Land Use Charge Bill 2017. The objective of the law is to provide for...
Sometimes share subscription and purchase agreements will contain a clause to the effect that if the contracting company breaches certain representations and warranties, causing the acquirer of the shares to...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that it will acquire strategic maritime security and safety assets, including vessels, in its bid to ensure maritime security in...
As financial services have become more ubiquitous in Nigeria, and progressively more stable and profitable due to the CBN’s cashless policy, increasingly we see customers relying on the services of...
The Federal Government of Nigeria (“FGN”),on Monday 8th October 2018, signed a new Executive Order (008) (the Order) tagged Voluntary Offshore Assets Regularization Scheme (VOARS or the Scheme). The Order,...
In continuation of the wholesale privatization of the key power infrastructure assets which began in 2006 with the horizontal unbundling of the Power Holding Company of Nigeria Plc (PHCN), and...
There are over fifty taxes and levies collected by the federal, state and local governments in Nigeria. In addition to the plethora of taxes and levies in Nigeria, it is...
The Nigerian Supreme Court in its recent decision in TSKJ Nigeria Ltd v Otochem Nigeria Ltd (Unreported), SC 118/2009, has held that a State High Court has the jurisdiction to...
On 15 May 2018, the 8th Senate considered and passed the Companies and Allied Matters Act (Repeal and Re-enactment) Bill, 2018 (the Bill) after its third reading. The Bill was...
Our Power & Infrastructure team published a report detailing the key developments in the Nigerian power and infrastructure space over the course of 2017. In the report, we also share...
On Monday 29 January, 2018, the Lagos State House of Assembly (LSHA) passed into law the Land Use Charge Bill 2017. The objective of the law is to provide for...
Sometimes share subscription and purchase agreements will contain a clause to the effect that if the contracting company breaches certain representations and warranties, causing the acquirer of the shares to...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that it will acquire strategic maritime security and safety assets, including vessels, in its bid to ensure maritime security in...
As financial services have become more ubiquitous in Nigeria, and progressively more stable and profitable due to the CBN’s cashless policy, increasingly we see customers relying on the services of...