The Central Bank of Nigeria is shifting from individual participant supervision to structural oversight of the payments ecosystem. This article analyzes the three pillars of this regulatory reform: UBO disclosure, data localization, and market share restrictions,...
Nigeria has officially launched Phase One of the National Single Window (NSW), a centralized digital platform designed to streamline cross-border trade and reduce port congestion. While the technology promises to replace fragmented, paper-based processes...
Nigeria's Free Zones are capital-intensive environments by design. The Nigeria Export Processing Zones Authority (NEPZA) requires every approved enterprise to remit its investment capital through banks located within the zones, with a Certificate of Capital...
The Lagos State Electricity Regulatory Commission has officially transitioned to an active market regulation phase, enforcing the Lagos State Electricity Law, 2024. This comprehensive guide outlines the new licensing regime, detailing the requirements...
Toxic loans, also known as Non-Performing Loans (NPLs), are rising in Nigeria due to lax lending practices and inadequate due diligence. This crisis affects both traditional banks and the rapidly growing fintech sector. This article explores the regulatory...
Nigeria’s port infrastructure increasingly relies on foreign investment and public-private partnerships to modernize facilities and boost trade. This article explores the legal and regulatory frameworks governing these investments, highlighting key risks...
Nigeria’s 2025 tax reform package transforms financial institutions and fintech platforms into active agents of tax enforcement. This article unpacks three critical statutory mechanisms—mandatory reporting, the power of substitution, and third-party debt...
The NERC Mini-Grid Regulations 2026 replace the 2023 framework, expanding capacity limits to 5MW for isolated and 10MW for interconnected mini-grids. This commentary explores key reforms, including streamlined permitting, new portfolio filing options,...
The Nigerian Copyright Act 2022 introduces sweeping reforms to protect musical artists while ensuring record labels recoup their investments. This article explores how the Act lowers originality thresholds for digital creators, highlights the importance...
Recent geopolitical disruptions, including the 2026 Gulf conflict, highlight the commercial necessity of force majeure clauses in oil and gas agreements. With incidents like the Strait of Hormuz closure and the withdrawal of marine insurance halting exports,...