OALP Dispute Resolution Practice Quarterly Newsletter 3rd Quarter 2023

Following the inauguration of the new government administration, a fresh horizon unfolds before us. Remarkably, we have witnessed transformative changes in both our legislative and judicial spheres, meticulously documented.

NERC Meter Price Review 2023: Implications for MAPs and Consumers in Nigeria

Due to the metering gap experienced in the Nigerian Electricity Supply Industry (NESI), electricity distribution companies (DisCos) in Nigeria were by the Meter Asset Provider and National Mass Metering Regulations 2021 (MAP...

Olaniwun Ajayi presents its TECH Digest for August

The following highlights contain a summary of major developments in the technology sector in the month of August including notable capital raises by Nigerian-based tech companies.

An Overview of the Extant Gas Flare Regulations in the Nigerian Petroleum Industry

For the Nigerian energy industry, one issue stands out as an opportunity and a challenge - gas flaring. The billowing flames and plumes of smoke from our gas flares have long reflected...

OALP TAX PRACTICE QUARTERLY NEWSLETTER 2nd Quarter 2023

The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new government. Nigerians...

OVERVIEW OF THE CBN’s GUIDELINES FOR CONTACTLESS PAYMENTS IN NIGERIA 2023

The Central Bank of Nigeria (CBN) has always strived to ensure that the Nigerian electronic payment system keeps up with global advancements in technology. In recognition of the technological advances made in...

REVIEW OF NIGERIAN ELECTRICITY REGULATORY COMMISSION’S GUIDELINES FOR SECONDARY ESCROW ACCOUNT MANAGEMENT FOR BILATERAL...

The payment waterfall set out in the Multi-Year Tariff Order 2022 (MYTO 2022) and the Principal Collection Account (PCA) set up and managed by the NESI Stabilization Securities LTD (NESI-SSL) into which...

Taxation of International Shipping Companies in Nigeria: The Legal Regime

Following the issuance of a public notice by the Federal Inland Revenue Service(FIRS) to International Shipping Companies (ISCs) deriving income in Nigeria to regularize their tax compliance status, the FIRS recently issued...

Nigeria Data Protection Act 2023: Spotlight on Notable Provisions

The Nigeria Data Protection Act 2023 (the “NDPA”) was enacted in June 2023 to provide a comprehensive legal framework for data protection and privacy in Nigeria. In this edition...

OALP Dispute Resolution Practice Quarterly Newsletter 2nd Quarter 2023

The dawn of the year 2023 forebode a new beginning in the administration of the Federal Republic of Nigeria; the promise of which came to pass in the second quarter of 2023,...