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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The Supreme Court Rules, 2024 effectively repealed and replaced the longstanding Supreme Court Rules of 1985.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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Templars

Ghana Supreme Court Affirms Ghana as Arbitration Friendly Jurisdiction

On Wednesday, 21st February 2024, the Supreme Court of Ghana handed down a judgment in Unichem (Ghana) Limited and Anor versus Metropolis Healthcare (Mauritius) Limited and Metropolis Healthcare (Ghana) Ltd, unanimously upholding the decision of the Court of Appeal to ref..

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Templars

The Contracts (Amendment) Act, 2023: Key Changes for Contracts with the Government of Ghana

The Parliament of Ghana passed the Contracts (Amendment) Act 2023 (Act 1114) in July 2023, to amend the Contracts Act, 1960 (Act 25) which has been in existence for the past sixty-four years. The Contracts Act primarily sets out third-party rights under contracts as well ..

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