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OALP Legislative Tracker: January 2022 Edition

2022 is off to a great start, as various industries and sectors of the economy show great promise for growth. This said, the legislative framework of a country (more so Nigeria) has...

Olaniwun Ajayi Tax Wrap-up Report

With the birth of the Petroleum Industry Act which had spent 16 years in incubation; the yearly visitor - the Finance Act, which has become the new normal under the Muhammadu Buhari-led...

FAQs on the Pan-African Payments and Settlement System

In 2021, we witnessed the commencement of trade under the African Continental Free Trade Area (AfCFTA) regime as many countries in Africa ratified the AfCFTA treaty with the aim to boost the...

Olaniwun Ajayi LP 2022 M&A Report

2021 was a year of uneven recovery for the Nigerian economy. M & A activities in the nation recorded slow but significant progress in value and volume. Following this trend, we expect...

IP TRENDS FOR 2022

In our IP trends for 2022, we look at areas of interest in the virtual and social reality world such as the metaverse, the rise of NFTs, vaccine production and distribution, renewable...

Olaniwun Ajayi Oil and Gas Wrap-up Report 2021

While the world continued to grapple with the effects of the COVID-19 pandemic in 2021 with many companies and even economies focusing on stability and sustainability, the oil and gas sector was...

A REVIEW OF THE SUNSET ON TAX EXEMPTIONS FOR NIGERIAN DEBT SECURITIES

With the expiration of the tax exemption orders on debt securities after a 10-year life span, the coming months present a relatively new tax compliance atmosphere for operators and participants in the...

OALP DISPUTE RESOLUTION PRACTICE QUARTERLY NEWSLETTER – 4TH QUARTER 2021

According to the American law jurist, Roscoe Pound, "the law must be stable, yet it cannot afford to stand still”. These words have universal and timeless relevance as they emphasize that as...

Key Tax Changes Proposed In The Finance Bill 2021

The President Muhammadu Buhari led federal government in a bid to keep its promise of a yearly Finance Act has presented the Finance Bill for consideration and passage by the National Assembly....

A SYNOPSIS OF NOTABLE CHANGES IN THE COURT OF APPEAL RULES 2021

Pursuant to the powers conferred on the President of the Court of Appeal (PCA) by section 248 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), the PCA recently...