Navigating the Impact of Undersea Cable Cuts on Africa’s Connectivity
In recent weeks, a series of undersea cable cuts have caused significant disruptions to data and voice services across Africa
Redefining Arbitration: Nigeria’s Landmark Win and New Legal Framework
The country once again emerged victorious and received a more reassuring relief in what may well be dubbed the most significant and indeed controversial arbitration dispute in Nigeria’s history.
Nigeria’s Supreme Court Clarifies Control Over Inland Waterways
On January 5, 2024, a pivotal Supreme Court ruling clarified the National Inland Waterways Authority’s (NIWA) role as the singular regulatory body for Nigeria’s inland waterways, marking a significant moment for regulatory clarity in the nation.
A Landmark Tax Resolution: MultiChoice and FGN’s N35.4 Billion Agreement
In a landmark development that underscores Nigeria’s increasing focus on tax compliance and corporate accountability, MultiChoice, the prominent broadcaster known for DSTV, has finalized a substantial settlement with the Nigerian tax authorities.
Business Brief: Assessing the Impact of ECOWAS Departures and Niger’s Airspace Blockade on Nigeria
In an unprecedented series of events that have reshaped the geopolitical and economic landscape of West Africa, Burkina Faso, Mali, and Niger have formally exited the Economic Community of West African States (ECOWAS) as of January 28, 2024.
License to Create: CAC’s Registration Directive to Content Creators
On February 13th, 2024, the Corporate Affairs Commission (CAC) directed social media content creators to formalize their operations by registering their businesses under the Companies and Allied Matters Act, 2020.
Central Bank of Nigeria Introduces New Digital Asset Guidelines: A Guide for Investors
On December 22, 2023, the Central Bank of Nigeria (CBN) introduced guidelines for Virtual Asset Service Providers (VASPs).
Watts New in Legislation: The Charge of the 2024 Electricity (Amendment) Act and the 2023 Power Shifts
In an important development for Nigeria’s power sector, President Tinubu has signed into law the Electricity Act (Amendment) Bill, 2024
CBN’s New Forex Guidelines: What You Need to Know
On January 31, 2024, the Central Bank of Nigeria (CBN) introduced new rules aimed at stabilising the Naira and refining the management of the foreign exchange market. Here’s what you need to know:
Foreign Exchange (Monitoring and Miscellaneous Provisions) Act
An Act to establish an Autonomous Foreign Exchange Market and to provide for the monitoring and supervision of the transactions conducted in the market and for matters connected therewith.
