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Templars

Foreign Investment in Ghana: Key Changes Proposed Under the GIPC Amendment Bill, 2023

The Ghana Investment Promotion Centre Act, 2013 (GIPC Act), which was enacted on 26th August 2013, remains a key legislation and regulatory consideration for foreign individuals or entities entering the Ghanaian market. Among others, the GIPC Act establishes the Ghana Inv..

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Templars

Understanding the Bank of Ghana Gold Coin

On 27 September 2024, the Bank of Ghana launched the Ghana Gold Coin (GCC) as part of its Monetary Policy Committee’s Gold Purchase Programme. This significant milestone is aimed at providing residents of Ghana with an alternative investment vehicle in addition to treasur..

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Templars

Overview of the New Supreme Court Rules, 2024: A Step in the Right Direction

The Supreme Court Rules, 2024 effectively repealed and replaced the longstanding Supreme Court Rules of 1985. The 2024 Rules have already sparked considerable interest within legal circles, particularly among practitioners in Nigeria's dispute resolution landscape. In lig..

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Templars

Regulating Corporate Philanthropy Through the Corporate Social Responsibility Bill, 2023

The Corporate Social Responsibility (CSR) Bill, 2023, introduces mandatory CSR requirements for Nigerian companies that meet specific financial thresholds. If passed, companies will need to establish a CSR committee, notify the Corporate Affairs Commission (CAC), and allo..

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Templars

Green Bonds: Key Regulatory Considerations

Green Bonds have become a key tool in Ghana’s strategy to meet its Sustainable Development Goals and address climate change. In March 2024, the Securities and Exchange Commission introduced guidelines for issuing Green Bonds, ensuring compliance with international standar..

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Templars

The Nigeria Communications Commission Issues New Business Rules and Regulations

The Nigerian Communications Commission has introduced new regulations under the Nigerian Communications Act 2003 to enhance consumer protection and service quality in the telecom sector. Updates include mandatory consumer codes, faster response times, extended record rete..

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Templars

French Court Authorizes Chinese Firm to Seize Three Nigerian Presidential Aircraft – Unpacking the Who, Where, and Why

This article explores the legal battle between Zhongshan Fucheng Industrial Investment Co. Ltd and the Federal Republic of Nigeria arising from a joint venture between Zhongshan and the Ogun State Government that led to a $70 million arbitral award and has culminated in t..

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Templars

Protecting Employees with Mental Health Conditions in Nigeria: The Mental Health Act, 2023 in Focus

This article discusses the emerging legal concerns associated with the potential risks arising from the termination of employment of employees with mental health conditions, following the enactment of the Mental Health Act, 2023.

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Templars

The United Kingdom’s New “Failure to Prevent Fraud” Offence: Impact on Nigerian Companies

In a bid to aggressively confront and address economic crimes and fraud which accounted as the most common offence in the United Kingdom, amounting to 41% of all crime in September 2022, the Economic Crime and Corporate Transparency Act 2023 was promulgated as one in a se..

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