The Central Bank of Nigeria (CBN) has introduced two innovative banking solutions tailored for Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). This move underscores the CBN’s commitment to fostering financial…
In a recent development on January 11, 2025, the Federal High Court in Abuja directed the Minister of Interior, Dr. Olubunmi Tunji-Ojo, and the Attorney-General of the Federation (AGF), Mr. Lateef Fagbemi, SAN, to justify the continuation of the proposed…
The legal landscape in Nigeria witnessed a significant shift with the Supreme Court’s landmark judgment in A.G. Bayelsa State v. Odok (2024) LPELR-63035(SC). This decision clarified a crucial point: law firms registered as business names have the capacity to enter into…
Corporate Social Responsibility (CSR) has become an indispensable aspect of modern business strategy. It embodies a company’s commitment to positively impact society while achieving its corporate objectives. CSR fosters a mutually beneficial relationship between businesses and their communities. During the…
The rise of digital transactions in Nigeria has prompted significant changes in the country’s tax framework. One of such development is the introduction of the Electronic Money Transfer Levy (EMTL), which has reshaped the financial ecosystem for individuals, businesses, and…
Nigeria, with its vast resources and burgeoning market, presents significant opportunities for foreign investors. However, the country’s political landscape, characterized by instability and uncertainty, poses significant risks. Political risk insurance (PRI) has emerged as a vital tool for mitigating these…
In Nigeria’s fast-growing digital ecosystem, Multi-Channel Networks (MCNs) play a crucial role in connecting content creators with wider audiences while enabling monetization on platforms such as YouTube. For businesses seeking to harness digital content for marketing or revenue purposes, a…
In today’s digital age, businesses worldwide are increasingly vulnerable to cybersecurity threats. Nigeria’s digital economy has grown rapidly over the past decade, bringing both opportunities and risks, such as cyber threats and data breaches. To navigate these challenges, Nigerian organizations…
Corporate governance plays a vital role in ensuring that the interests of all shareholders, including minority shareholders, are protected in Nigeria. Given the unique challenges in the Nigerian business environment, effective corporate governance practices are essential to fostering investor confidence,…
The role of Non-Executive Directors in Nigeria has traditionally been viewed as distinct from that of employees, emphasizing their independent oversight and strategic guidance within corporate governance frameworks. However, a recent Court of Appeal ruling in the case of Odua…
