Category: blog

SEC
A REVIEW OF THE SECURITIES AND EXCHANGE COMMISSION’S PROPOSED RULES ON THE ISSUANCE AND ALLOTMENT OF DEBT SECURITIES BY PRIVATE COMPANIES
Under previous Nigerian law, only public companies, statutory bodies, and banks could publicly offer or trade securities, while private companies were restricted. The 2023 Business Facilitation Act amended section 67(1) of the Investments and Securities...
Legal Administration
LESSONS LEARNT FROM NIGERIA’S FIRST COURT-ORDERED ADMINISTRATION: THE MOORHOUSE COMPANY LIMITED – PT 1
This publication discusses the process of Administration from a practical perspective, highlighting the lessons learned from The Moorhouse Administration, and will serve as a guidance note to insolvency practitioners, insolvent corporate entities, creditors,...
Real Estate 3
ASSESSING THE SHIFT IN PAYMENT STRUCTURES IN NIGERIA\'S REAL ESTATE SECTOR: BENEFITS, CHALLENGES, AND IMPLICATIONS
During his book launch in February 2024, the former Minister of Works and Housing, Mr. Babatunde Raji Fashola, advocated for the adoption of monthly rental charge in the Nigerian Real Estate Industry. His argument was premised on the ground that yearly...
Real Estate 3
ASSESSING THE SHIFT IN PAYMENT STRUCTURES IN NIGERIA\'S REAL ESTATE SECTOR: BENEFITS, CHALLENGES, AND IMPLICATIONS
During his book launch in February 2024, the former Minister of Works and Housing, Mr. Babatunde Raji Fashola, advocated for the adoption of monthly rental charge in the Nigerian Real Estate Industry. His argument was premised on the ground that yearly...
Petroleum Upstream
HOST COMMUNITIES DEVELOPEMENT TRUSTS UNDER THE PIA: POLICY VS. PRACTICE
The Petroleum Industry Act (PIA) was enacted in 2021 to regulate Nigeria\'s oil and gas industry. One of its key provisions is the establishment of Host Communities Development Trusts under Chapter 3 of the PIA. The introduction of the Host Community...
Pension image
REGULATION OF KEY PLAYERS IN THE NIGERIAN PENSION INDUSTRY: AN APPRAISAL OF SECTION 77 OF THE PENSION REFORM ACT 2014
The Nigerian pension industry stands as a critical pillar in the nation\'s socio-economic landscape to ensure the financial security of millions of retired citizens. A key feature of the Nigerian Contributory Pension Scheme (“CPS”) that has aroused commendation...
Renewable Energy
FINANCING RENEWABLE ENERGY PROJECTS IN NIGERIA
As the name indicates, renewable energy refers to energy that is generated from natural sources which replenishes itself at a rate higher than the rate of consumption. They are also referred to as clean energy. Examples of this class of energy include...
RECAPITALIZATION OF COMMERCIAL BANKS: WHAT DOES THIS PORTEND FOR THE PENSION INDUSTRY?
RECAPITALIZATION OF COMMERCIAL BANKS: WHAT DOES THIS PORTEND FOR THE PENSION INDUSTRY?
Nigeria’s economic headwinds over the years have culminated in hyperinflation, macroeconomic variability, and instability in the exchange rate. As part of the approaches to tackle the economic instability bedevilling the country and bolster the country’s...
Digital Dispute 2
DIGITAL DISPUTE RESOLUTION: NAVIGATING LEGAL CHALLENGES IN ONLINE TRANSACTIONS
The development of Internet and Information and Communication Technology (ICT) has revolutionised the world and brought with them the emergence of online commerce. Trades are now concluded on the Internet between parties from different parts of the world....
Gas plant
Aligning ESG Practices in the Nigerian Oil and Gas Sector with Climate Change and Nigeria’s Net-Zero Goal by 2060
Nigeria\'s oil and gas sector evolved over the decades. The sector has moved from an era where little or no effort was put towards addressing the negative impacts occasioned by oil exploration and other incendiary activities, the failure by the Federal...