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Pavestones

Doing business simplified: navigating immigration requirements in Nigeria

For foreign companies looking to expand and set up operations in Nigeria, it is important that personnel with a good understanding of the companies’ strategy are available to support in the establishment and the nascent stages of the company. In this article, we have high..

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Templars

The Streaming Wars: A Win For The Nigerian Entertainment And Media Industry

Online streaming has become a globally accepted means of accessing movies, shows and other video related content. This wide acceptance was spiralled by the Covid-19 pandemic which forced consumers to ..

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Templars

SDG7 and the Journey to Nigeria’s 2060 Net Zero Emission Target: A Bird’s Eye View

In 2019, the Nigerian Government, through the Rural Electrification Agency, developed a model to determine the most cost-effective solution to achieving 100% electrification in the nation. The model revealed that 100% electrification by 2024 would require new connections ..

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OALP

OALP’s analysis of the recently enacted Climate Change Act 2021 and its potential impact on businesses in the energy industry

In the last quarter of 2021, His Excellency, President Muhammadu Buhari signed into law, the Climate Change Act 2021, to usher in a new dawn in Nigeria’s efforts towards environmental sustainability and ecosystem preservation by presenting a wholistic approach to re..

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Udo Udoma & Belo-Osagie

2021 in review: highlights of regulatory changes in the fintech space in 2021

In a year when two of Nigeria’s Fintechs (Flutterwave and Opay) acquired unicorn status, it became clear that the Fintech industry in the country had come of age. In line with this, there was a raft of new regulations affecting the industry. The l..

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Banwo & Ighodalo

Patents And Designs (Repeal And Re-Enactment) Bill, 2021: Introduction Of Utility Model Certificates

In April 2021, the House of Representatives introduced the Patents and Designs (Repeal and Re-Enactment) Bill (the “PD Bill”), 2021 which seeks to overhaul the Patents and Designs Act 1971 that currently provides for the protection of Patent and Design rights, albeit inad..

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Aluko & Oyebode

A Review of Nigeria’s Climate Change Act, 2021

On 18 November 2021, President Muhammadu Buhari signed into law the Climate Change Bill 2021 following the passing of the bill by the Senate just a month earlier on 13 October 2021.

 

The Climate Change Act 2021 (the “Act”) has been described as one o..

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ǼLEX

Pan African Payment and Settlement System Launch: a new dawn for cross border financial transactions in Africa

On 13th January 2022, the Pan African Payment and Settlement System (PAPSS) platform was launched by the Africa Export-Import Bank (Afreximbank), in collaboration with African Union (AU) and African Continental Free Trade Area (AfCFTA).

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Udo Udoma & Belo-Osagie

Finance Act 2021 – Major Highlights

The Finance Act 2021 (“FA 2021”) was signed by President Muhammadu Buhari on the 31st of December 2021 and took effect on the 1st of January 2022. The primary objective of the Act is to implement the 2022 Federal Budget of Economic Growth and Sustainability by amending 13..

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