Olaniwun Ajayi LP

August 4, 2025

Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025

Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025

The third edition of our “Deconstructing the Tax Reform Acts” Series, titled “Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025”, offers...

July 24, 2025

Upstream-Acreage-Management-Relinquishment-Under-the-Petroleum-Industry-Act-2021

Upstream Acreage Management Relinquishment Under the Petroleum Industry Act 2021

The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....

July 23, 2025

Taxing-Non-Resident-Companies under the Tax Reform Acts

Taxing Non-Resident Companies Under the Tax Reform Acts

As part of Olaniwun Ajayi LP’s ‘Deconstructing the Tax Reform Acts’ Series, this article is focused on taxes imposed on Non-Resident Companies (Including Persons Engaged in Shipping and Air Transport...

July 16, 2025

Employment Income Taxation Under the Tax Reform Act

Employment Income Taxation under the Tax Reform Acts: A Compliance Guide for Employees and Employers

On June 26, 2025, President Bola Ahmed Tinubu signed into law four landmark pieces of legislation: the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue...

July 14, 2025

QR Code System in Nigeria

Enabling Cashless Retail Transactions: Scope and Framework for QR-Code System in Nigeria

Over the last decade, the use cases of quick response (QR) codes have evolved from being a tool to facilitate information sharing into a pivotal tool for facilitating payments. Notably,...

July 11, 2025

2nd Quarter 2025 developments in dispute resolution in Nigeria

Developments in Dispute Resolution – 2nd Quarter 2025

The second quarter of 2025 has seen courts, both domestic and international wrestle with critical questions of jurisdiction, legal identity, institutional accountability, and the limits of executive power. Building on...

July 1, 2025

Olaniwun Ajayi Wins Big at the Women in Business Law Awards 2025

Olaniwun Ajayi Wins Big: 2 Awards at the Women in Business Law Awards

We are excited to announce that Olaniwun Ajayi LP has been honoured with two prestigious awards at the 15th annual Women in Business Law 2025 Awards for EMEA, recognising our...

June 30, 2025

Nigerian Upstream Petroleum (Commercial) Regulations 2025

New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework

On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

June 24, 2025

Supreme Court Strikes Out 15 Year Old Appeal Over Incomplete Record

Supreme Court Strikes Out 15-Year-Old Appeal Over Incomplete Record – Dada V. Yandayi [2025] 8 NWLR (PT 1993) 517

Introduction On 19.07.2024, the Supreme Court of Nigeria (SC) delivered its judgment in an appeal filed by Bawa Dada, Ahmadu Dada and Umaru Dada (the Appellants) which arose from a...

August 4, 2025

Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025

Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025

The third edition of our “Deconstructing the Tax Reform Acts” Series, titled “Regulatory Framework for the Taxation of Companies in the Manufacturing Sector Under the Nigeria Tax Act 2025”, offers...

July 24, 2025

Upstream-Acreage-Management-Relinquishment-Under-the-Petroleum-Industry-Act-2021

Upstream Acreage Management Relinquishment Under the Petroleum Industry Act 2021

The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....

July 23, 2025

Taxing-Non-Resident-Companies under the Tax Reform Acts

Taxing Non-Resident Companies Under the Tax Reform Acts

As part of Olaniwun Ajayi LP’s ‘Deconstructing the Tax Reform Acts’ Series, this article is focused on taxes imposed on Non-Resident Companies (Including Persons Engaged in Shipping and Air Transport...

July 16, 2025

Employment Income Taxation Under the Tax Reform Act

Employment Income Taxation under the Tax Reform Acts: A Compliance Guide for Employees and Employers

On June 26, 2025, President Bola Ahmed Tinubu signed into law four landmark pieces of legislation: the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue...

July 14, 2025

QR Code System in Nigeria

Enabling Cashless Retail Transactions: Scope and Framework for QR-Code System in Nigeria

Over the last decade, the use cases of quick response (QR) codes have evolved from being a tool to facilitate information sharing into a pivotal tool for facilitating payments. Notably,...

July 11, 2025

2nd Quarter 2025 developments in dispute resolution in Nigeria

Developments in Dispute Resolution – 2nd Quarter 2025

The second quarter of 2025 has seen courts, both domestic and international wrestle with critical questions of jurisdiction, legal identity, institutional accountability, and the limits of executive power. Building on...

July 1, 2025

Olaniwun Ajayi Wins Big at the Women in Business Law Awards 2025

Olaniwun Ajayi Wins Big: 2 Awards at the Women in Business Law Awards

We are excited to announce that Olaniwun Ajayi LP has been honoured with two prestigious awards at the 15th annual Women in Business Law 2025 Awards for EMEA, recognising our...

June 30, 2025

Nigerian Upstream Petroleum (Commercial) Regulations 2025

New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework

On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

June 24, 2025

Supreme Court Strikes Out 15 Year Old Appeal Over Incomplete Record

Supreme Court Strikes Out 15-Year-Old Appeal Over Incomplete Record – Dada V. Yandayi [2025] 8 NWLR (PT 1993) 517

Introduction On 19.07.2024, the Supreme Court of Nigeria (SC) delivered its judgment in an appeal filed by Bawa Dada, Ahmadu Dada and Umaru Dada (the Appellants) which arose from a...