CBN Issues Draft Guidelines on Contactless Payments in Nigeria

Contactless payment is the system by which devices that have radio-frequency identification or near-field communication are used for making secure payments. The CBN recently issued the Draft Guidelines on Contactless Payment in...

The Nigeria Startup Act 2022: Highlights of its Framework and Notes on its Prospects

On 19 October 2022, the President of the Federal Republic of Nigeria gave his assent to the Nigeria Startup Bill 2021, effectively signing it into law as the Nigeria Startup Act 2022...

A Review of the Operational Framework for Co-Investment by Pension Fund Administrators

Recently, the National Pension Commission issued the Operational Framework for Co-Investment by Pension Fund Administrators (the Framework) in a bid to encourage diversification of pension fund assets and improve returns on pension...

Newsletter on the Securities and Exchange Commission (Capital Market Operators AML/CFT) Regulations 2022

In exercise of its powers to protect the integrity of the securities market against all forms of abuse, fraudulent and unfair trade practices, the Securities and Exchange Commission (SEC) reviewed, repealed, and...

NERC Proposes Review of Regulation for Mini-Grids 2016

In August 2022, NERC released a Consultation Paper on Proposed Review of Regulation for Mini-Grids 2016 (Consultation Paper) seeking comments on the proposed amendment of the Regulation for Mini-Grids 2016.

OALP Dispute Resolution Practice Quarterly Newsletter – 3rd Quarter 2022

The dispute resolution space has been quite busy in the 3rd quarter of 2022. Novel decisions have emanated from our courts, and new legislation have also been enacted. These developments, which we...

MEET OUR NEW PARTNERS

We at Olaniwun Ajayi LP are thrilled to announce the admissions of Chukwuemeka Osuji, Folake Alabi and Abisola Odeinde into the partnership of the Firm.

OALP’s Analysis of NERC’s Order on Regulatory Net-offs 2022 and its potential impact on...

On 1 July 2022, the Nigerian Electricity Regulatory Commission (NERC) issued the Order on Regulatory Net-offs 2022 (Net-off Order) for the Nigerian Electricity Supply Industry (NESI). This is NERC’s first Order on...

OLANIWUN AJAYI ACTING AS TRANSACTION ADVISER ON THE LANDMARK TRANSITIONING OF THE NIGERIAN NATIONAL...

Olaniwun Ajayi LP (Olaniwun Ajayi) is pleased to have advised on the landmark transitioning of the Nigerian National Petroleum Corporation (the Corporation), Africa’s largest national oil corporation, to the Nigerian National Petroleum...

OALP DISPUTE RESOLUTION PRACTICE QUARTERLY NEWSLETTER – 2ND QUARTER 2022

The second quarter of 2022 has been eventful and kept the dispute resolution space extremely busy. Several interesting decisions of courts were delivered in Nigeria and other jurisdictions during the period and...