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Did You Know?

Did you know that failure to obey lawful instructions from any member of an aircraft crew may lead to criminal sanctions?  As an airline passenger in Nigeria, it is important to know that your action or inaction in response to lawful instructions by the aircraft crew or to well-established rules and regulations may lead to criminal sanctions. The Nigeria Civil Aviation Act 2022 (“the Act”) prohibits certain behaviours by passengers on board an aircraft, and the breach of these provisions may result in the criminal prosecution of the

Tax Disputes and Litigation – Nigeria

In-Depth: Tax Disputes and Litigation (formerly The Tax Disputes and Litigation Review) is a practical overview of the common issues that give rise to tax disputes in key jurisdictions, the procedures for resolving those disputes, and the powers and approach of local tax authorities. With a focus on recent developments, it offers insights into the process, timescale

Nigeria – Private Equity (Transactions)

Quick reference guide enabling side-by-side comparison of local insights, including into types of private equity transaction; corporate governance, disclosure and timing considerations; dissenting shareholder rights; key purchase agreement provisions; participation of target company management; tax; fnancing; shareholders’ agreements; exit strategies (including IPOs); target sectors; cross-border considerations; club/group deals; and key recent developments.

2025 Corporate Governance – Nigeria

Quick reference guide enabling side-by-side comparison of local insights into corporate governance issues worldwide, including sources of rules and practice; responsible agencies and notable opinion formers; shareholder powers, decisions, meetings, voting, duties and liabilities; employee role in governance; corporate control issues; board structure and composition, duties, leadership, committees, meetings and evaluation; director and senior management remuneration; director protections; disclosure and transparency; hot topics, such as shareholder engagement, and sustainability, pay ratio and gender gap reporting; and other recent trends.

Telecoms & Media 2025

Nigeria’s communications sector is primarily regulated by the Nigerian Communications Act 2003 (NCA) and the Wireless Telegraphy Act 1966 (WTA). The NCA established the Nigerian Communications Commission (NCC), which is charged with the responsibility of regulating the communications sector

Establishment of State Electricity Markets and Regulatory Commissions

Paragraph 14(b) Part II of the Second Schedule of the 1999 Constitution of the Federal Republic of Nigeria and Section 2(2) of the Electricity Act of 2023 (“EA”) empowers states in Nigeria to develop and regulate their electricity markets subject to the State of House of Assembly passing a law to that effect. This allows States to regulate electricity operations within their jurisdiction, including power generation, transmission and distribution.

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