The Constitutional Amendment Heralding The Decentralization Of The Nigerian Electricity Supply Industry (“NESI”) Introduction On March 17, 2023, an Act to alter certain provisions of the… April 3, 2023894Views0Comments
Regulatory Alert – Funds Managed By Uninsured Entities In Nigeria: Financial Institutions Mandated To Divest Their Interests And Liquidate Their Investments Not Later Than April 9, 2023 In a letter dated January 9, 2023, and specifically addressed to all Other… March 23, 2023712Views0Comments
Beneficial Ownership in Complex Entities and Legal Arrangements: CBN’s Guidance to Financial Institutions on Lifting the Corporate Veil The increasing use of corporate vehicles, such as companies, trusts, foundations and other… March 22, 2023788Views0Comments
Naira Redesign and Cashless Policy: Wither the Role of Bank Neutral Cash Hubs? Revived policy, implementation challenges, and legal fireworks The Naira redesign policy of the… March 1, 2023718Views0Comments
At a glance: Update on CBN’s Regulatory Directives on Cash Withdrawal Limits Following feedback received from stakeholders on its Circular of December 6, 2022 (“earlier… December 22, 2022617Views0Comments
Revised Cash Withdrawal Limits: Legal, Regulatory And Compliance Implications For Businesses In furtherance of its cashless policy, on December 6, 2022, the Central Bank… December 18, 20222KViews0Comments
Financing Residential Mortgage With Pension Funds: Guidance Note For RSA Holders, Mortgage Lenders And Pension Operators The move to allow retirement savings account (“RSA”) holders, to finance residential mortgage… November 18, 20221KViews0Comments
The Legal Implications Of Sampling Music Under Nigerian Law Introduction In 2019, Ajibola Muyiwa Danladi, popularly known as ‘Danny Young’ brought copyright… September 15, 2022621Views0Comments
Tax Appeal Tribunal Rules On Security Deposit Requirement For Prosecution Of Tax Appeals BACKGROUND Taxpayers in Nigeria have had to grapple with conflicting interpretations of applicable statutory… September 12, 2022656Views0Comments
Trademark Infringement: Analyzing The Concept Of “Confusingly Similar Trademarks” Introduction. The Nigerian Trade Marks Act[1] (Act) prohibits the registration of a trademark which… July 8, 20221KViews0Comments
FIRS Issues Public Notice On Submission Of Certificate Of Acceptance Introduction Recently, the Federal Inland Revenue Service (“FIRS”) issued a public notice, titled “Submission… May 26, 2022633Views0Comments
Bank Neutral Cash Hubs In Nigeria: Understanding The Proposed Operational Framework KEY TAKEAWAYS · The Central Bank of Nigeria (“CBN”) on March 15, 2022, issued… May 19, 2022734Views0Comments