Never miss a beat on Africa's legal and regulatory landscape.
In the wake of the recent regulatory developments in the Nigerian market, the Securities and Exchange Commission on 15 March 2024 published its proposed amendments to the existing SEC rules on issuance, offering platforms and custody of digital assets dated 11 May 2..
On March 8, 2024, the Federal Ministry of Interior issued a Press Release announcing the suspension of the implementation of the Expatriate Employment Levy (EEL). The EEL, which was introduced by the Nigerian Government on February 27, 2024, imposes a government-mandated ..
The Expatriate Employment Levy handbook was recently issued by the Ministry of Interior and was launched by the Nigerian president, on 27 February 2024. The Expatriate Employment Levy is a government-mandated contribution imposed on companies that employ expatriate worker..
On December 29, 2023, the Nigerian Electricity Regulatory Commission released the Mini-Grid Regulations, 2023, pursuant to the Electricity Act, 2023. The New Regulation repealed the Mini-Grid Regulations, 2016. The New Regulation introduced certain changes to the operatio..
The Nigerian Data Protection Commission has recently issued a Guidance Notice on the entities that are deemed to be Data Controllers and Data Processors of Major Importance (DCPMIs). The Notice was issued on 14 February 2024 and took effect from that date.
On the 14th of February, in accordance with its mandate to ensure the genuine processing of personal data by legitimate persons or organizations, the Nigeria Data Protection Commission issued a guidance notice on Registering Data Controllers and Processors of Major Import..
It has ingredients of a thriller: big money, greed, bribery, deception, picturesque locations… But the main theme of the story is how it has forced a rethink about arbitration in resolving international contractual disputes. In October 2023 in England’s High Court, Mr Jus..
Electricity access remains a crucial challenge in Nigeria, considerably impacting the country’s economic development, education, healthcare, and overall quality of life. Despite being Africa’s most populous nation with over 200 million people and laden with significant en..
Robo advisory services have been gaining traction over time in Nigeria with the operation of early version Robo Advisors such as PiggyVest. The growth has been attributed to Nigeria’s growing middle class and increasing smartphone penetration. According to statistics, the..
