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The Declaration of Transitional Electricity Market (TEM) and Stakeholder Expectations for the Nigerian Electricity Supply Industry (NESI)

Detail Solicitors | Dec 30, 2014 | Newsletters

A.      Introduction One of the objectives of the electricity sector reform, which commenced in 2001, is to create efficient market structures, within clear regulatory frameworks, that encourage competitive markets for electricity generation and trading. In line with...

Collateral Registry Regulation: Impact on Micro, Small and Medium Enterprises’ Access to Finance

Detail Solicitors | Dec 3, 2014 | Newsletters

BACKGROUND In most jurisdictions across the globe, the creation of security interests in moveable properties are nearly or just as common and acceptable as real property especially amongst individuals and small businesses given that such security interests are more...

Strata Title and the Nigerian Real Estate Sector

Detail Solicitors | Nov 5, 2014 | Newsletters

1.      INTRODUCTION   Strata title is a hybrid property ownership scheme that combines individual and communal interest in land and improvements thereon in a clearly severable manner. It takes the form of land and buildings subdivided into units/lots which are held...

Pioneer Status in Nigeria: Recent Developments and Effects on Investments in Nigeria

Detail Solicitors | May 7, 2014 | Newsletters

Background   At the end of the Federal Government’s State Visit to Beijing, China in July 2013, while addressing the international media on the attractions of Nigeria as an investment haven, the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga,...

Key Commercial Issues Arising from the Guidelines on the Farm Out and Operation of Marginal Fields 2013

Detail Solicitors | Mar 18, 2014 | Newsletters

BACKGROUND Sequel to the announcement of the Marginal Fields Licensing Round 2013 (“Licensing Round”) by the Minister of Petroleum Resources, the Department of Petroleum Resources (“DPR”) released the Guidelines for Farmout and Operation of Marginal Fields (“the...

Impact of the Implementation of Basel II in the Nigerian Banking Sector

Detail Solicitors | Jan 31, 2014 | Newsletters

Introduction The Central Bank of Nigeria (CBN) on 10th December, 2013, announced the implementation of the Basel II and III recommendations of the Basel Committee on Banking Supervision (BCBS) with effect from January 2014. All commercial banks licensed by the CBN...
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