Introduction The oil and gas industry is an extremely competitive industry in Nigeria. The industry is responsible for the production, use, supply, regulation and the economy of oil and gas in Nigeria. It is of extreme importance and contribution to…
Introduction On the 7th day of July 2026, the Corporate Affairs Commission (CAC) (hereinafter referred to as “the Commission”) issued a notice to registered companies and the general public of its intention to enforce the statutory provision and requirement of…
Abstract Prior to 2019, Nigeria’s correctional centres were known simply as ‘prisons’. The Nigerian Correctional Service Act, 2019, signed into law by former President Muhammadu Buhari, redefined these custodial institutions as centres for “reformation, rehabilitation, and social reintegration”, a landmark…
Introduction In a press release by the National Identity Management Commission (NIMC) (hereinafter referred to as the Commission) on the 26th day of June 2026, President Bola Ahmed Tinubu signed the NIMC Act 2026 into law. The new legislation introduces…
Introduction CBN Ring-Fencing Guidelines introduce a new regulatory framework aimed at strengthening governance, protecting customer funds, and ensuring operational independence among closely linked entities in Nigeria’s financial system. On the 10th day of June, the Central Bank of Nigeria (CBN)…
Introduction In a judgment that strengthens consumer protection in Nigeria’s real estate sector, the High Court of Lagos State has ruled in favour of Zikel Solutions Investment Limited (The Claimant), holding that a developer cannot rely on a blanket no‑refund…
Introduction The Central Bank of Nigeria (CBN) on the 1st day of June 2026 officially launched the Payment System Vision 2028 (PSV 2028), a strategic framework designed to guide the development of Nigeria’s payment ecosystem over the next several years.…
The Supreme Court has yet again delivered a landmark decision earlier this month on the 10th day of April 2026 in the case of NECONDE ENERGY LTD V. FBN QUEST MERCHANT BANK LIMITED & 4 ORS (SC/CV/48/2026). The decision has…
In a letter dated the 30th day of March 2026, the Central Bank of Nigeria (CBN) introduced the need for Banks and other financial institutions to deploy a Cyber Security Assessment Tool (CSAT). In recent times, the issue of cybersecurity…
The Advertising Regulatory Council of Nigeria (ARCON) (hereinafter “the Council”) has intensified the enforcement of its pre-vetting requirements for digital and online advertising. Recent enforcement actions include fines of up to ₦1 million per violation imposed on online businesses for…
