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Movable Assets Act Image

Understanding the Secured Transactions in Movable Assets Act

Access to finance is a vital factor in the growth and development of any economy. World Bank statistics indicate that Nigeria ranks 44th in the global access to finance index1 which demonstrates an upward...
NSE Rules Amendment

An overview of the amendments to the NSE Rules

The Nigerian Stock Exchange (NSE or the Exchange) recently released amendments to some sections of the Rulebook of the NSE (the New Rules). Although approved earlier in the year, these amendments only came into...
UNECA

UNECA ­OALP Partnership – Bridging the African Infrastructure Gap

Africa has, in many ways, experienced a seismic shift in the past 40 – 50 years. Today, it hosts the fastest growing economies in the world – however, this has not translated to significant...
NERC Regulations

NERC Regulations on Eligible Customers

In May 2017, the Honourable Minister for Power, Works and Housing made a policy declaration as to the categories of persons to be regarded as Eligible Customers in the Nigerian Electricity Supply Industry (NESI)...
Eko Jetty

Lagos Midstream Jetty To Save N43bn Annually

ASPM Limited, a subsidiary of OVH Energy Limited, has achieved a ground-breaking milestone as it launched its Lagos Midstream Jetty (LMJ) located at the Lagos Apapa Harbour. The Lagos Midstream Jetty is West Africa’s first...
recent developments

Recent Developments on Base Erosion and Profit Shifting Multilateral Convention

Base erosion and profit shifting ( BEPS ) are tax avoidance strategies that are adopted by multinational enterprises ( MNEs ) to take advantage of the mismatches and gaps that exist in the tax...

Tax disputes in the Oil & Gas Sector – Are they subject to arbitration?

The relevance of arbitration in an increasingly globalized economic structure cannot be overemphasized. However, the question of arbitrability of tax disputes has long been the subject of sustained debates in legal circles. In particular,...
NERC Regulations for Mini-Grids

The NERC Regulations for Mini-Grids.

With her energy demand outstripping supply, and transmission constraints and other challenges plaguing her on-grid electricity market, Nigeria has begun to adopt policy initiatives aimed at supporting the commercialisation and rapid deployment of mini-grids...

Vessel operating expenses incurred while under detention by pirates are allowable in general average

General average, as a concept of antiquity, emerged before the advent of marine insurance as an independent mechanism for the redistribution of losses suffered and expenses incurred for safety from peril of the common...
Mining in Nigeria

Mining – The New Nigerian Frontier

For many decades, crude oil has been the primary source of Nigeria’s wealth and indeed the mainstay of the Nigerian economy. The inherent dependency risk in this trend has been heightened by the steady...