Legal News & Resources
Competition and Consumer Protection in Nigeria
In 2018, the National Assembly enacted the Federal Competition and Consumer Protection Act 2018. The Act seeks to, amongst several others, promote and maintain competitive markets in the Nigerian economy, protect and promote the interests and welfare of consumers,...
Registration and Monitoring of Technology Transfer Agreements in Nigeria
The National Office for Technology Acquisition and Promotion (NOTAP) is a parastatal under the supervision of the Federal Ministry of Science and Technology. It was established by the NOTAP Act, Cap. N62 LFN 2004 to regulate the inflow of foreign technology into the...
Joint Venture Property Development in Nigeria
In the recent years, the housing deficit in Nigeria was estimated to be around 17 Million. It was also projected that Nigeria will require about 59 Trillion naira to remedy this situation. The imperative to build more houses is now driving increased property...
Exporting Agricultural Produce from Nigeria
With a population of more than 200 million and land mass of 923,768 km2, Nigeria is well positioned to be one of the largest exporters of agricultural produce. Ironically, this is not yet the case as Nigeria significantly relies on the importation of agricultural...
Foreign Investment in Nigeria
The history of foreign participation in Nigeria can be traced back to 1972 when the Nigerian Enterprises Promotion Decree (NEPD) was enacted. This law provided that certain enterprises were exclusively reserved for Nigerians while others had to have at least 40%...
Nigerian YouTube Creators to Pay Taxes to the US YouTube to deduct taxes from non-US creators
YouTube, the Google-owned company, has released a statement requiring all creators in the YouTube Partner Program (YPP) to submit their tax information to Google. Google stated that it has a responsibility under Chapter 3 of the United States (US) Internal Revenue...
Organizational Structures in Nigeria (Business and Not-for-Profit Organizations)
Are you desirous of registering a business, corporate entity or not-for-profit organization in Nigeria? In this article, we shall explore the different types of organizational structures available in Nigeria for businesses and other not-for-profit organizations. The...
Cryptocurrency Regulation in Nigeria
Cryptocurrency is designed as a medium of exchange. It uses advanced cryptography functions as a safeguard against forgery. Most cryptocurrencies rely on distributed databases called blockchains, which make them decentralized and free from traditional central banking...
Lagos Court of Arbitration Newsletter
The December 2020 edition of the Lagos Court of Arbitration (LCA) newsletter to which our Managing Partner, Mrs. Oluwaseun Oloruntimehin, is the editor is now available. This edition of LCA's newsletter is futuristic in approach and raises discussion on the likely...