Legal and Commercial Implications of the Proposed PSC (Amendment) Bill 2019
On 15 October 2019, the Senate passed a Bill to amend the Deep Offshore and Inland Basin Production Sharing Contract…
23 July 2019
Just how worthless is that letter of comfort?
There is a general reluctance for parties to accept or deal on the back of Letters of Comfort. This reluctance is fueled by…
8 May 2019
Employers beware: Labour Outsourcing & Contract staffing faces an uncertain future in Nigeria
Alternative work arrangements have been on the rise and will continue to rise globally because of the potential of such work…
15 April 2019
PIONEER STATUS INCENTIVE UPDATE: FACTS & FIGURES
The Nigerian Investment Promotion Council (“NIPC”) recently released its Pioneer Status Incentive (“PSI”) Report for the fourth…
3 April 2019
Online Defamation: Just before you post it!
In this age of social media interaction and massive online existence, lots of things are said and posted on daily basis that…
2 April 2019
Access Bank plc unveils new Corporate Logo following Completion of Merger with Diamond Bank plc
Emerging Nigerian and regional banking giant, Access Bank plc has unveiled a new corporate identity to reflect the strength…
25 March 2019
Nigeria Data Protection Regulation 2019: A Safety net for personal information or just band-Aid?
There is growing technological advancement and a continuous shift from manual to digital processes across various sectors…
14 March 2019
Freezing of Accounts and Deduction of Taxes by Nigerian Banks on behalf of FIRS – IS THIS ACTUALLY LEGAL?
The Federal Government of Nigeria (FGN) has revamped its commitment towards improving the rate of tax collection. This…
4 March 2019
EXPENSIVE CHOICES FOR ‘CHEAP’ CAUSES: How choice of foreign court provisions can prove too much.
Choice of court/choice of jurisdiction clauses are a staple in many contracts between foreign and Nigerian entities…
6 February 2019
Highlights of the Nigerian Code of Corporate Governance 2018
Until recently, there has been no codified, generally applicable corporate governance regime in Nigeria. However, the void…
24 January 2019
A coup against PSC Contractors? – Re: Attorney General of Rivers State & 2 Others v. Attorney General of the Federation: Impending review of Nigeria PSC Act.
For a number of years, a clamour for the review of the Government’s share of revenue under the Production Sharing Contracts…
18 December 2018
The Relevance of Payroll Control to Fraud Prevention in a Payroll System
The prevalence and increase in white- collar crimes in our organizations and societies is no longer a fiction but has become a recurrent challenge which requires quick attention and solution. This must be done if integrity, sanctity and financial sec
