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15 December 2020

Payments System: The New CBN Licensing Framework

The payments system cluster is perhaps one of the more sophisticated layers of the Fintech ecosystem…

2 December 2020

Templars Thought Leadership – Inducing Breach of Contracts

Companies occasionally seek to exit contractual obligations for more favourable contracts, even if such means breaching their existing contracts…

23 November 2020

TEMPLARS Legislative Watch: The Proceeds of Crime Bill – A New Weapon in the Anti-Corruption War in Nigeria

According to Transparency International, Nigeria currently ranks 146 out of 180 countries on the global Corruption Perception Index Report…

16 November 2020

Litigation and Dispute Resolution Expert Guide 2020

The High Court of Lagos State recently delivered a judgment in Global Gas & Refinery Limited v Shell Petroleum…

10 November 2020

Interocean Oil Development Company and Interocean Oil Exploration Company v Federal Republic of Nigeria – The Win and Its Twists

Nigeria recently won at the International Centre for Settlement of Investment Dispute in a long-standing case (since 2013)…

26 October 2020

The CBN framework for financing of National Mass Metering Programme (NMMP): A Viable Intervention?

The recent introduction of the service-based tariff (SBT) regime has again brought to the fore the need to ensure that all consumers are metered…

21 October 2020

Petroleum Industry Bill Overview Series: Part 4: A summary of the new midstream and downstream licensing provisions

The Petroleum Industry Bill, 2020 (the “PIB”) requires the Midstream and Downstream Petroleum Regulatory Authority (the “Authority”) to…

19 October 2020

Petroleum Industry Bill Overview Series: Part 3: A summary of the new upstream licensing and regulatory provisions

In continuation of our PIB overview series, Part 3 focuses on the licencing and regulatory provisions for the upstream oil and gas sector under the Petroleum Industry Bill (PIB)…

16 October 2020

Petroleum Industry Bill Overview Series: Part 2: A summary of the new fiscal provisions

Part 2 of our Petroleum Industry Bill (PIB) overview series summarizes the new Fiscal Provisions of the PIB. In Part 1 (read here) we gave a detailed…

15 October 2020

An Evaluation of the New Legal Framework for the Negotiated Participation of the Federal Government in Oil Blocks

In February 2019, the President, in his capacity as the Minister of Petroleum Resources, made the Oil Block Allocations to Companies (Back-In-Rights) Regulations (New Regulations)…

14 October 2020

Petroleum Industry Bill Overview Series: Part 1: A summary of the new Governance Provisions

The Petroleum Industry Bill (the “PIB” or the “Bill”) has been a predominant part of any conversation around petroleum sector reforms in Nigeria since the first version was introduced in the National Assembly in 2008…

12 October 2020

Thought Leadership – Clarity at Last? An Analysis of the SEC Statement on Digital Assets

Blockchain and other distributed ledger technology have no doubt catalysed innovation in the financial markets…