Category: latestNews

Credit Protection
THE LEGAL FRAMEWORK FOR CREDIT GUARANTEE COMPANIES IN NIGERIA
Access to credit remains a major hurdle for MSMEs in Nigeria, often due to strict collateral requirements. Credit Guarantee Companies (CGCs) help bridge this gap by providing third-party loan guarantees. But what legal framework governs CGCs? This article...
Tax Reforms
HIGHLIGHTS OF THE NIGERIA TAX REFORM BILLS
In October 2024, President Tinubu transmitted four Tax Reform Bills to the National Assembly for consideration namely: the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue...
Arbitration policy
THE NATIONAL POLICY ON ARBITRATION AND ALTERNATIVE DISPUTE RESOLUTION (ADR), 2024: A LIGHT AT THE END OF THE TUNNEL?
Nigeria’s dispute resolution landscape is undergoing a major transformation with the introduction of the National Policy on Arbitration and ADR, 2024. Designed to restore confidence, attract investment, and streamline arbitration, this policy sets the...
Blockchain
KEY DEVELOPMENTS IN THE ADMINISTRATION OF NIGERIA’S PERSONAL DATA SECURITY LAWS
Since the enactment of Nigeria’s Data Protection Act in June 2023, the Nigeria Data Protection Commission has introduced key compliance directives, audit requirements, and classification guidelines for Data Controllers and Processors. Recent judicial...
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UNLOCKING THE FUTURE OF NIGERIA\'S POWER SECTOR: APPRAISING NERC\'S BILATERAL TRADING ORDER VIS-À-VIS THE APPLICATION BY NBET FOR THE RENEWAL OF ITS LICENSE
The Nigerian Electricity Regulatory Commission\'s recent Order is transforming Nigeria\'s power sector, transitioning from a centralized trading model to a competitive bilateral trading system. This shift ends NBET\'s monopoly, empowering GenCos and DisCos...
High,Voltage,Post,high,Voltage,Tower,Sky,Sunset,Background
UNLOCKING THE FUTURE OF NIGERIA\'S POWER SECTOR: APPRAISING NERC\'S BILATERAL TRADING ORDER VIS-À-VIS THE APPLICATION BY NBET FOR THE RENEWAL OF ITS LICENSE
The Nigerian Electricity Regulatory Commission\'s recent Order is transforming Nigeria\'s power sector, transitioning from a centralized trading model to a competitive bilateral trading system. This shift ends NBET\'s monopoly, empowering GenCos and DisCos...
tAX 2
VAT ADMINISTRATION UNDER THE NIGERIA TAX BILLS AND THE SEARCH FOR ECONOMIC JUSTICE
Explore the transformative impact of Nigeria\'s Tax Bills on VAT administration. From empowering small businesses to including digital goods in the tax net and introducing a tiered VAT structure, these reforms aim to modernize the system. Can the shift...
bridge construction
AN APPRECIATION OF INSOLVENCY IN THE NIGERIAN CONSTRUCTION X REAL ESTATE INDUSTRY: A BRIEF DISCOURSE ON CAUSATION X PANACEA
Nigeria’s construction and real estate industries contributed ₦11.2 trillion to the GDP in Q1 2024, yet face liquidity challenges from inflation, exchange rate volatility, and project delays. This article explores the factors driving insolvency in these...
High,Voltage,Post,Or,High,Voltage,Tower
NAVIGATING THE FUTURE OF POWER REGULATION IN LAGOS: A DEEP DIVE INTO THE LAGOS STATE ELECTRICITY LAW, 2024 AND ITS POTENTIAL IMPACT ON THE ELECTRICITY MARKET
Lagos State takes a bold step forward with the Lagos State Electricity Law, 2024. This law aims to revolutionize the electricity market by fostering investments, promoting renewable energy, and enhancing grid reliability through innovative strategies....
THE ROLE OF THE TAX OMBUDSMAN UNDER THE PROPOSED FISCAL REFORMS LAWS IN NIGERIA
THE ROLE OF THE TAX OMBUDSMAN UNDER THE PROPOSED FISCAL REFORMS LAWS IN NIGERIA
Could the creation of the Tax Ombud under the Joint Revenue Board Bill, 2024, be a game-changer for tax dispute resolution in Nigeria? While the Ombud promises fairness and accountability, limitations on its authority raise concerns. Is this a meaningful...
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