On 21 August 2026, the Court of Appeal, Benin Judicial Division, allowed Presco Plc’s appeal against a Federal High Court ruling that had affected the company’s 2025 Annual General Meeting (AGM), rights issue and related corporate actions.

If you buy, sell, trade or earn cryptocurrency in Nigeria, the taxman now has a much clearer view of that activity. The Nigeria Revenue Service (NRS) has issued the Guidelines on the Taxation of Virtual Assets (the Guidelines), providing greater clarity on how cryptocurrencies and other virtual assets are taxed in Nigeria.

A price increase is not, by itself, evidence of a competition law violation. However, where prices rise sharply in a market dominated by a small number of suppliers, particularly where available capacity appears to exceed demand, regulators may look more closely at how those prices are determined.

Parties to employment and trade disputes are often eager to head straight to court. Nigerian law generally takes a different view: where the law or the parties’ own agreement prescribes a dispute resolution process, those steps must ordinarily be completed before the courthouse doors open.

Every company communicates through letters, invoices, receipts, notices, and increasingly, email. Under the Companies and Allied Matters Act 2020 (CAMA), many of these documents are required to contain prescribed statutory information—an obligation that has existed since CAMA came into force, but one enforcement has, by the Commission’s own account, historically left largely unchecked.

On 1 July 2026, the Central Bank of Nigeria’s Guidelines on Instant Payment Functionalities for Financial Institutions came into force. The Guidelines were issued by circular dated 12 March 2026, signed by Musa Jimoh, Director of the Payments System Policy Department, and gave institutions a transition window to align their systems with new minimum security standards.

Nigeria’s 2026 Fiscal Policy Measures (FPM) are now fully in force. The revised tariff regime is operational, the transitional grace period for pre-existing Form ‘M’ applications ended on 30 June 2026, and the new excise duty regime and green tax surcharge took effect on 1 July 2026.

On 17 July 2026, President Bola Ahmed Tinubu signed the Presidential Executive Order on Virtual Assets Coordination, 2026 (the “Order”), which took immediate effect.

On 18 June 2026, the Federal Ministry of Finance issued the General Transition Guidelines for the Tax Acts 2025 (the Guidelines), clarifying how Nigeria’s new tax framework will apply during the transition from the repealed tax laws to the Nigeria Tax Act 2025 (NTA).

Nigeria’s mergers and acquisitions market has regained momentum in the first half of 2026. While the number of transactions remains measured, deal activity has shifted towards larger, strategically significant acquisitions in sectors such as telecommunications, energy, financial services and digital infrastructure.