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,...
THE CARBON MARKET FRAMEWORK 2025: PIONEERING CLIMATE ACTION AMIDST NIGERIA’S CLIMATE VULNERABILITIES
Nigeria’s Carbon Market Framework 2025 signals a major shift in the country’s climate and investment strategy. Beyond carbon trading, the Framework establishes regulatory, fiscal, and institutional mechanisms aimed at attracting climate finance, strengthening...
Nigeria’s Investments and Securities Act 2025 opened capital markets to free trade zone entities, but its tax proviso created interpretive tension. With the Nigeria Tax Act 2025 now redefining FZE taxation, this article examines whether public listing...
Nigeria’s 2025 Tax Reform Acts promise a simplified, unified fiscal framework. Yet beneath the clarity lies friction: professional service firms excluded from reliefs, rising compliance costs under digital enforcement, and a fundamental shift in petroleum...
As International Oil Companies exit Nigeria’s onshore assets, decommissioning and environmental liabilities are emerging as critical deal risks. Under the Petroleum Industry Act 2021, these obligations increasingly “follow the asset,” raising complex...
Carried interest arrangements remain central to Nigeria’s petroleum operations, but their tax treatment is far from uniform. This article examines how structure, particularly equity participation versus service-based roles, determines exposure to Hydrocarbon...
Nigeria’s 2026 Executive Order on oil and gas revenues introduces sweeping fiscal changes aimed at boosting government inflows. However, its tension with the Petroleum Industry Act 2021 raises critical constitutional and operational questions. This piece...