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Published on Jul 25, 2024
Nearly two decades after the introduction of the Contributory Pension Scheme (CPS), the Nigerian pension industry has witnessed transformative changes. Despite these advancements, persistent concerns remain regarding the value of savings remitted by employers...
Published on Jul 24, 2024
Nigeria\'s Ministry of Finance issued the Deduction of Tax at Source (Withholding) Regulation 2024, reshaping the rules for Withholding Tax (WHT). This regulation emphasizes that WHT should not add extra costs to contracts. This article explores gross-up...
Published on Jul 10, 2024
On January 29, 2024, COMESA fined the Confederation of African Football (CAF) and BEIN Media Group LLC $300,000 for anti-competitive practices related to exclusive broadcasting rights. This landmark sanction highlighted significant competition restrictions...
Published on Jul 8, 2024
Corporate espionage, or industrial espionage, involves obtaining trade secrets from competitors through illegal or unethical practices. This act poses a grave threat to businesses, leading to devastating financial consequences. As technology advances,...
Published on Jun 27, 2024
Recent months have seen significant changes in the Nigerian Electricity Supply Industry (NESI) due to a Constitutional amendment and the Electricity Act 2023 (EA 2023). These reforms aim to decentralize the system, increasing sector activity. Despite...
Published on Jun 27, 2024
Recent months have seen significant changes in the Nigerian Electricity Supply Industry (NESI) due to a Constitutional amendment and the Electricity Act 2023 (EA 2023). These reforms aim to decentralize the system, increasing sector activity. Despite...
Published on Jun 21, 2024
In our previous article, we examined Administration as a new insolvency option under Nigerian corporate law, using Moorhouse Company Limited\'s case as an example. Key points included appointing an Administrator, mandatory statutory procedures, and the...
Published on Jun 20, 2024
Nigeria, a major crude oil producer, is often called a gas province with some oil. Despite vast natural gas resources estimated at over 200 trillion cubic feet, gas revenue lags behind oil. This highlights missed opportunities in revenue and energy development....
Published on Jun 17, 2024
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...
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