The Nigerian Constitution In Progress: Recent Amendments

On March 17, 2023, President Muhammadu Buhari enacted sixteen (16) constitutional alteration bills (Alteration Acts) that have brought about sweeping changes to the Constitution of the Federal Republic of Nigeria, 1999 (as...

A Summary of the Business Facilitation Act

To much gusto, the Business Facilitation (Miscellaneous Provisions) Act (the BFA) was signed into law on 8 February 2023. The principal objective of the unprecedented Act is to eliminate administrative bottlenecks and...

OALP Dispute Resolution Practice Quarterly Newsletter 1st Quarter 2023

2023 began in an eventful manner, starting off with the issues regarding the Naira redesign policy and preparations for the general elections. These, without doubt kept the Courts very busy, with a...

9 Nuggets from the New Copyright Act

On the 17th of March 2023, the President of the Federal Republic of Nigeria signed the copyright bill into law, as projected in our 2022 IP Wrap-up and 2023 Forward publication. This...

RURAL ELECTRIFICATION AGENCY HOSTS PRE-BID CONFERENCE FOR MINIMUM SUBSIDY TENDERS

On 16th March 2023, the Rural Electrification Agency (REA) hosted a hybrid pre-bid conference for the Minimum Subsidy Tender programme (MST). The gathering was to enable dialogue between the REA and potential...

OALP Oil & Gas 2022 Wrap Up Report and 2023 Forward Look

As we approach the end of Q1 2023, we present to you, our Wrap Up Report and Forward Look which highlights some of the key events which shaped the oil and gas...

OALP Mergers, Acquisitions and Private Equity Wrap-Up 2022 and 2023 Outlook

The world has continued to make steady progress in recovering from the economic woes that trailed the COVID-19 pandemic. In Nigeria, though the economic growth rate slowed down and declined in 2022...

OALP Dispute Resolution Wrap-Up 2022 and 2023 Outlook 

In 2022, the dispute resolution space, as with other sectors in Nigeria returned to a semblance of normalcy after reeling from the inimical impact of COVID-19 as Nigerian Courts fully returned to...

Finance in Five Minutes: Derivative Contracts

Derivative Contracts are financial instruments used for risk management purposes in a transaction. In this series of ‘Finance in Five Minutes’, we succinctly discuss Derivative Contracts, highlighting its purpose, forms and regulatory...

Banking and Capital Market 2022 Wrap-Up / 2023 Outlook

The financial services sector (with the banking and capital market segments being the larger slice) of the Nigerian economy, which is a key contributor to the Gross Domestic Product (GDP), witnessed significant...