Nigeria Launches ₦12 Billion Digital Research Programme Under Project BRIDGE
Nigeria’s Federal Government has taken a further step in linking digital policy to research and institutional knowledge.
Employment and Defamation: Supreme Court Clarifies the Proper Forum for Workplace-Related Claims
On 20 February 2026, the Supreme Court of Nigeria delivered its decision in Emma Elegbe & Anor v. HP International Schools Ltd & 3 Ors, providing clarity on the long-debated boundary between the State High Courts and the National Industrial Court of Nigeria (NICN).
CBN Simplifies Dormant Account Reactivation: Implications for Corporate Authority, Escrow Accounts and Transaction Execution
The Central Bank of Nigeria (CBN) has revised the framework for managing dormant bank accounts, with direct implications for corporate treasury operations, banking documentation, and transaction execution.
Resolving the OPL 245 Stalemate: What the Consent Arbitral Award Means for Dispute Resolution and Investment Certainty
On 9 March 2026, the Attorney General of the Federation and Minister of Justice announced the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245. After about 15 years of litigation across multiple jurisdictions,
Nigeria’s Electoral Act Amendment: What the New Act Means for Future Elections[AA1]
In early February 2026, Nigeria’s National Assembly passed the Electoral Act 2022 (Repeal and Re-enactment) Amendment Bill 2026 into law on 17th February 2026 following detailed section-by-section consideration.
The European Union (EU) Removes Nigeria From High-Risk List: What It Means For Cross-Border Banking And Global Wealth Planning
What Happened? On 29 January 2026, the European Union removed Nigeria from its list of high-risk third countries under its under its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. For Nigerian individuals and entities using EU financial channels, this reduces the automatic “country flag” that previously triggered extra compliance steps. Why This […]
Cleared for Takeoff: Legal compliance for SMEs in Nigeria’s air freight growth
Introduction Nigeria’s logistics market is evolving quickly. Growth in e-commerce, export activity, and demand for time-sensitive delivery has increased the use of air freight by small and medium-sized enterprises (SMEs). For many SMEs, air cargo is no longer optional—it is part of staying competitive. As opportunities expand, so do compliance responsibilities. Understanding what is driving […]
The Africa Energy Bank and the Future of Energy Financing in Nigeria
What’s the News? On 2 February 2025, Nigeria formally handed over the headquarters of the Africa Energy Bank in Abuja, moving the Bank closer to full operational take-off nearly 20 months after its establishment was first announced. According to public reports, the Africa Energy Bank is expected to commence operations with an initial capital base […]
Disclosure of Tax Planning Arrangements: What Lagos Taxpayers Need to Know
Introduction The Lagos State Internal Revenue Service (LIRS) has reinforced its powers under Section 30 of the Nigerian Tax Administration Act (NTAA) 2025 through Circular Ref: LIRS: 004/01/2026, issued on 21 January 2026. The direction is clear: LIRS expects earlier transparency through structured disclosure, backed by stronger anti-avoidance oversight. Key Highlights of the Disclosure Regime […]
SEC Revised Minimum Capital Requirements: What the New Rules Mean for Operators, the Market and Investor Confidence
Introduction The Securities and Exchange Commission (SEC) has issued Circular No. 26-1 under the Investments and Securities Act, 2025, revising the Minimum Capital Requirements for operators in Nigeria’s capital market. The objective is clear: capital should reflect risk, investor protection should improve, and the market should be better positioned to withstand shocks. This is the […]
