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On the 2nd of November 2023, the Corporate Affairs Commission (‘CAC’) issued a circular notifying Companies of the statutory requirement to file annual return every financial year. The circular was prompted by the fact that several Companies are non-compliant with t..

The National Agency for Food and Drug Administration and Control (NAFDAC) is the body that regulates and control the importation, exportation, manufacture, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, bottled water and chemicals am..

On the 13th of July 2023, the Central Bank of Nigeria (CBN) issued a circular with respect to the Corporate Governance Guidelines for Commercial, Merchant, Non-Interest and Payment Service Banks, as well as Financial Holding Companies in Nigeria (new Guidelines) with an e..

On 23rd November 2022, The Ministry of Industry, Trade and Investment through its Minister, approved the Persons with Significant Control Regulation (''PSC Regulation''). The key objective of the regulation is to provide an effective framework and procedure for obtaining ..

President Muhammadu Buhari has signed into law the Copyright Bill, which is geared towards protecting the rights of authors of original works. This development in Nigeria’s creative industry would ensure that authors receive the proper recognition and financial reward for..

On Tuesday, the 24th of January 2023, the Senate passed the Franchising (Establishment)Bill. The Bill seeks to create a legal framework for the operation of franchising (and other related matters) in Nigeria, in line with global best practices.

The introduction of the Plant Variety Protection Act (PVPA) in Nigeria created intellectual property (IP) right incentives to breeders as well as an access to foreign collaboration. The lack of a regulatory framework protecting IP in new plant varieties had discouraged forei..